1624 S Gramercy Pl, Los Angeles, California 90019
Development Opportunity!
Offered at $1,450,000
5
Bedrooms
2
Bathrooms
3,016
Square Feet
8,922
Lot Size

Amazing development opportunity to build a multi-family consisting of 6 units (possibly 7/8) each approximately 1,500-1,600 square foot with 3 bedrooms! Zoned RD1.5 and currently has a vacant 5 bedroom house that is an established Airbnb property which generates approximately $10-12k a month. This is perfect for Developers to generate income while getting the property RTI and ready for demo! With easy access to freeways, USC and Downtown Los Angeles, this is definitely an opportunity you don’t want to miss!

Listing Agent: Ben Bacal