Mixed-Use Property with Commercial
For Sale
$799,000
5747 S Gramercy PL, Los Angeles, CA 90062
Two residences and a studio occupy a gated parcel with separate entrances, off-street parking, and an attached garage.
Property Size1,529 SF
Price / SF$522.56
Days on Market17
Property Features for 5747 S Gramercy PL
General Information
Standard status
Active
Size
1,529 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Chesterfield Square
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
gated
Building Details
Building Size
1,529 SF
Year Built
1950
Listing Agency:
Luxury Collective
Listed By:
Jessica Altinoglu · License #02159983
(818) 426-2465
Source:
Carrabbagroup
Added: Oct 10
Changed: Oct 26
Last Checked: Oct 26 at 3:28PM
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 Luxury Collective
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1950, this 1,529-square-foot mixed-use property contains three units: two residences with three bedrooms and one bathroom each, plus a studio. The studio is permitted for commercial use, and every unit has its own entrance. Site features include a gated lot, a long driveway, off-street parking, and an attached two-car garage.
The property is in South Los Angeles at 5747 S Gramercy Place, Los Angeles, CA 90062. Its configuration combines residential units with a studio authorized for commercial use.
The property is in South Los Angeles at 5747 S Gramercy Place, Los Angeles, CA 90062. Its configuration combines residential units with a studio authorized for commercial use.
Key Highlights
- Three units: two 3‑bedroom, 1‑bath residences and one studio
- Studio is permitted for commercial use
- 1,529 square feet; built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,962
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,240
$619.2K
Cap Rate 7%
$442,314
$442.3K
Cap Rate 9%
$344,022
$344.0K
Market Conditions
NOI Build-Up for 1,529 SF
Gross rent
$55.0K $36.00/SF
− Vacancy
−$5.5K −$3.60/SF
EGI
$49.5K $32.40/SF
− OpEx
−$18.6K −$12.15/SF
NOI
$31.0K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,240
Cap Rate 7%
$442,314
Cap Rate 9%
$344,022
Alternative Uses
Best Use
Multifamily LT 5
$30.98M
$27.10M – $36.14M
NOI $2,168,364 @ 7.0% cap · market cap 271.38%
Second Best
Apartment 5plus
$27.03M
$23.65M – $31.54M
NOI $1,892,220 @ 7.0% cap · market cap 236.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residences and a studio occupy a gated parcel with separate entrances, off-street parking, and an attached garage.
Where is this mixed-use property located?
The property is located at 5747 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 units: two 3‑bedroom, 1‑bath residences and one studio; Studio is permitted for commercial use; 1,529 square feet; built in 1950
