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Five-Unit Apartment Building
For Sale
$1,680,000

932 S Gramercy Pl, Los Angeles, CA 90019

Occupied apartment property with five two-bedroom, two-bathroom units on an R3-zoned lot.

Property Size4,800 SF
Lot Size0.17 Acres
Price / SF$350
Days on Market9

Property Features for 932 S Gramercy Pl

General Information

Standard status Active
Size 4,800 SF
Lot size 0.17 Acres
Property subtype MULTI_FAMILY
Zoning R3

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 5 x 2BR/2BA
Multifamily Units 5

Building Details

Building Size 4,800 SF
Year Built 1966
Buildings 1
Listing Agency: Seeders Real Estate
Listed By: Mia Shin · License #01976563
Source: Carolinakramer
Added: Jul 28 Changed: Aug 2 Last Checked: Aug 5 at 4:09AM

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 Seeders Real Estate

Investment Insights

Based on property information with market context.

This five-unit apartment building in Los Angeles contains approximately 4,800 square feet on a 7,500-square-foot lot. The property was built in 1966 and includes five two-bedroom, two-bathroom units. It is situated within an R3 zoning designation and a TOC Tier 3 area.

The property is located at 932 S Gramercy Pl in the Koreatown area, west of central Koreatown. Hancock Park, Mid-Wilshire, Larchmont Village, Downtown Los Angeles, restaurants, shopping, Metro stations, and major freeways are identified in the surrounding area. The building is occupied by tenants, providing an existing multifamily operating configuration.

Key Highlights

  • Five‑unit apartment building with five 2‑bedroom, 2‑bathroom units
  • Approximately 4,800 SF building on a 7,500 SF lot
  • R3‑zoned property within a TOC Tier 3 area

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,649
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Occupied apartment property with five two-bedroom, two-bathroom units on an R3-zoned lot.
Where is this apartment building located?
The property is located at 932 S Gramercy Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Five‑unit apartment building with five 2‑bedroom, 2‑bathroom units; Approximately 4,800 SF building on a 7,500 SF lot; R3‑zoned property within a TOC Tier 3 area
More about this property
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