1848 N Gramercy Place Los Angeles, CA 90028

Building Details

Year Built

1929

Listing agency Atlas Real Estate Corporation b***@atlasre.com Show Phone

Listed by Brett Daniels · License #01230746 Show Phone

Source Exitrealty

Added: Oct 26, 2025 Updated: Jul 22 at 5:30PM Checked: Jul 22 at 5:30PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlas Real Estate Corporation

---

Investment Insights

Based on property information with market context.

This Beaux-Arts style apartment building was built in 1929 and contains 48 units, with a mix of studios and one-bedroom residences. The property includes an on-site management presence, an elevator, controlled access, security surveillance, a landscaped courtyard, and laundry facilities.

The building is located near the Hollywood Freeway, providing convenient access to surrounding destinations.

The existing unit mix supports a range of residential use cases, and the property also provides a value-add direction centered on updating legacy unit interiors and common areas.

Key Highlights

• 48‑unit Beaux‑Arts apartment building built in 1929
• Unit mix of studios and one‑bedroom apartments
• Average unit size of approximately 500 SF

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,350,000

  5,042 SF

  Corner Restaurant Building

  Single-story restaurant building on a hard corner lot with approximately 50 feet of frontage on Jefferson Boulevard.

  3125 W Jefferson Boulevard, Los Angeles, CA 90018

  View Details
• 

  $2,600,000

  10,600 SF

  Fashion District Investment Opportunity

  Prime investment property with long-term tenant in the Fashion District.

  1212 S San Pedro St, Los Angeles, CA 90015

  View Details
• 

  $3,990,000

  8,688 SF

  Prime Automotive Land in Los Angeles

  Six parcels with buildings in established automotive corridor.

  125 E Florence Ave, Los Angeles, CA 90003

  View Details
• 

  $6,950,000

  7,950 SF

  Retail Warehouse Showroom Opportunity

  Prominent street-front retail warehouse with gated parking and loading on a C2-1 zoned lot.

  963 965 S Western Ave, Los Angeles, CA 90016

  View Details
• 

  $1,749,000

  6,888 SF

  Two-Story Office Building with Parking

  Two-story office property on Whittier Boulevard with secure gated rear parking and flexible office configurations.

  5723 Whittier, Los Angeles, CA 90022

  View Details
• 

  $8,400,000

  11,715 SF

  Anchored Retail Strip Center

  12-unit retail strip center anchored by H&R Block with on-site billboard income and dedicated parking.

  1514 S Vermont Ave, Los Angeles, CA 90006

  View Details
• 

  $5,000,000

  5,530 SF

  Freestanding Retail Flex Building

  Freestanding retail/flex property with gated parking and flexible zoning on a heavily traveled Venice Boulevard corridor.

  2059-2065 Venice Blvd, Los Angeles, CA 90006

  View Details
• 

  $1,699,000

  5,000 SF

  Freestanding Creative Office/Warehouse

  Rebuilt in 2016 with four private offices and drive-in bay access.

  1361 Newton St, Los Angeles, CA 90021

  View Details
• 

  $850,000

  2,208 SF

  Corner Freestanding Retail Building

  Freestanding single-tenant bakery retail building with dual frontage on a corner parcel.

  6526 Holmes Ave., Los Angeles, CA 90001

  View Details
• 

  $4,250,000

  5,520 SF

  Pico Boulevard Auto Service Property

  Automotive service property with development potential in central Los Angeles.

  4605-4619 W Pico Boulevard, Los Angeles, CA 90019

  View Details
• 

  $896,000

  5,600 SF

  Bow Truss Warehouse with Land

  5,600 SF warehouse with land for parking/storage.

  5912 Mettler St, Los Angeles, CA 90003

  View Details
• 

  $2,650,000

  4,000 SF

  Retail Storefront For Sale

  Standalone retail asset offered for sale, suited for businesses seeking their own street-level presence.

  1835 N CAHUENGA BLVD, LOS ANGELES, CA 90028

  View Details

FAQs

What type of property is this?

Apartment building - 48-unit Beaux-Arts apartment building built in 1929 with studios and one-bedroom units and an on-site courtyard.

Where is this apartment building located?

The property is located at 1848 N Gramercy Place Los Angeles, CA.

What is the asking price?

The asking price for this property is $10,545,000.

What are key features of this property?

This property features: 48‑unit Beaux‑Arts apartment building built in 1929; Unit mix of studios and one‑bedroom apartments; Average unit size of approximately 500 SF