SoldNov 29, 2017

Listed by Kathleen Becker from Berkshire Hathaway HomeServices California Properties (Santa Monica, 90403)

Bought with John DeGiacomi from LA Investment Properties

Source: Combined LA Westside Multiple Listing Service, Inc #17249092

933 S Gramercy Pl, Los Angeles, CA, 90019

$1,390,000

2056 sq. ft.
7511 sq. ft.

Other

30+ days on the market

Sold: Nov 29, 2017

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About this property

INVESTMENT OPPORTUNITY!!! PRIME KOREA TOWN ADJACENT PROPERTY JUST WAITING TO BE DEVELOPED! NEED A PLACE TO PARK YOUR CLIENT'S 1031 EXCHANGE? HERE IT IS!!! LET'S MAKE A DEAL!!! A real find in Country Club Heights, one of the 1st properties built in the area at the turn of the century in 1909! This craftsman style bungalow, zoned R3, is currently 2 units & will be delivered VACANT AT CLOSE OF ESCROW. This property can be either be restored to it's original beauty & glory & added to to create a unique one of a kind rental complex or it can be demolished to create 8 to 9 NEW condo or apartment units. You can choose! Buyer to complete all investigations of the property including LADBS, City of Los Angeles Planning Department, permits, etc. to determine what can actually be built on this R3 lot with DIMENSIONS of 60' X 125'. Centrally located close to DTLA, K Town, Mid Wilshire, Hollywood & Metro Rail. TRUST SALE. BEING SOLD AS-IS. Owners will consider any and all offers! Bring your buyers!!

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