7-Unit Apartment
New
For Sale
$1,350,000
736 Gramercy Dr, Los Angeles, CA 90005
The property sits in Koreatown among low-density residences and mid-sized apartment buildings, west of Western Avenue.
Property Size6,076 SF
Price / SF$222.19
Days on Market4
Property Features for 736 Gramercy Dr
General Information
Standard status
Active
Size
6,076 SF
Property subtype
MULTI_FAMILY
Additional Details
Cap Rate
5.6%
Multifamily Units
7
Building Details
Building Size
6,076 SF
Year Built
1955
Listing Agency:
CB Richard Ellis, Inc.
Listed By:
Adam Peterson · License #01815802
(310) 954-7031
Source:
Benbelack
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 12:07PM
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 CB Richard Ellis, Inc.
Investment Insights
Based on property information with market context.
This seven-unit apartment building in Los Angeles dates to 1955. It is located in Koreatown, west of Western Avenue, in an area described by a 92 Walk Score.
The surrounding stretch includes single-family homes and mid-sized apartment properties. Dining, retail, and entertainment options, including The Wiltern Theatre, Western Plaza, and Koreatown Plaza, are within a few blocks.
The surrounding stretch includes single-family homes and mid-sized apartment properties. Dining, retail, and entertainment options, including The Wiltern Theatre, Western Plaza, and Koreatown Plaza, are within a few blocks.
Key Highlights
- Seven apartment units
- Built in 1955
- 92 Walk Score
Property Analytics
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
6,070
Businesses Nearby
Explore this area
Business Placement
Demographics for 90005, CA
37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property sits in Koreatown among low-density residences and mid-sized apartment buildings, west of Western Avenue.
Where is this apartment building located?
The property is located at 736 Gramercy Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Seven apartment units; Built in 1955; 92 Walk Score
