Detached Triplex with
For Sale
$799,000
5700 S Gramercy Pl, Los Angeles, CA 90062
Three separately metered cottages offer private outdoor space and in-unit laundry hookups.
Property Size2,538 SF
Days on Market140
Property Features for 5700 S Gramercy Pl
General Information
Standard status
Active
Size
2,538 SF
Total Parking Spaces
3
Property subtype
MULTI_FAMILY
Occupancy
100%
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Opportunity Zone
Yes
Utilities to Site
Yes
Amenities
outdoor patios
private yard space
in-unit washer/dryer hookups
Building Details
Building Size
2,538 SF
Year Built
1926
Buildings
3
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(310) 963-6768
Listed By:
Taylor Light · License #02084441
Source:
Milsteinestates
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 8:24PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This tenant-occupied triplex is composed of three detached cottages on a corner lot, with no shared walls between residences. The unit mix includes one upgraded two-bedroom, one-bath house and two one-bedroom, one-bath cottages. Each residence includes an outdoor patio, private yard area, and hookups for an in-unit washer and dryer. Gas, electricity, and water are individually metered for every unit. The property also includes three single-car garages equipped with automatic doors.
Located at 5700 S Gramercy Pl in Los Angeles, the property was built in 1926 and is situated within an Opportunity Zone. All three residences are occupied, including two Section 8 units and one additional tenant-occupied unit. The detached configuration and separate utility metering provide a distinct physical layout for a multifamily property.
Located at 5700 S Gramercy Pl in Los Angeles, the property was built in 1926 and is situated within an Opportunity Zone. All three residences are occupied, including two Section 8 units and one additional tenant-occupied unit. The detached configuration and separate utility metering provide a distinct physical layout for a multifamily property.
Key Highlights
- Three detached cottages with no common walls
- Unit mix includes one 2 Bd / 1 Ba house and two 1 Bd / 1 Ba cottages
- Individual gas, electricity, and water meters for each unit
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered cottages offer private outdoor space and in-unit laundry hookups.
Where is this triplex located?
The property is located at 5700 S Gramercy Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three detached cottages with no common walls; Unit mix includes one 2 Bd / 1 Ba house and two 1 Bd / 1 Ba cottages; Individual gas, electricity, and water meters for each unit
