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91-Suite Apartment Building
For Sale
Contact for pricing
Pending

749 S Gramercy Dr, Los Angeles, CA 90005

Vacant multifamily property with shared resident spaces and in-unit laundry, appliances, gated parking, and central HVAC.

Property SizeContact for details
Days on Market145

Property Features for 749 S Gramercy Dr

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 91

Amenities

in-unit washer & dryer
stainless steel appliances
two-tone cabinetry
quartz countertops
stylish flooring
mobile-friendly thermostats
central A/C
heat
gated parking
shared kitchen & living room

Building Details

Buildings 1
Listing Agency: Schon Tepler Realty
Listed By: Paul Schon · License #CA 01847860
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 8:35PM

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 Schon Tepler Realty

Investment Insights

Based on property information with market context.

This vacant apartment property comprises 91 market-rate suites in a newly constructed building. Residential features include shared kitchen and living areas, in-unit washers and dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, and durable-style flooring. Each suite is equipped with a mobile-friendly thermostat, central air conditioning, and heat. Gated parking is also included.

The property is situated in Koreatown, with access to Larchmont, Downtown, and Hollywood identified in the surrounding context. Construction was scheduled for completion by the end of 2023, providing a recently built multifamily asset with a defined suite count and shared residential amenities.

Key Highlights

  • 91 vacant market‑rate apartment suites
  • New construction scheduled for completion by the end of 2023
  • Shared kitchen and living room areas

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

91
Residential units

Location Intelligence

Trade Area within ½ mile

6,070
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Vacant multifamily property with shared resident spaces and in-unit laundry, appliances, gated parking, and central HVAC.
Where is this apartment building located?
The property is located at 749 S Gramercy Dr Los Angeles, CA.
What are key features of this property?
This property features: 91 vacant market‑rate apartment suites; New construction scheduled for completion by the end of 2023; Shared kitchen and living room areas
(858) 361-9334 Call to check price and availability
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