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HUGE PRICE REDUCTION ALERT! Best 12 Units in town priced right for quicker sale. 941 S GRAMERCY PL is a beautiful 12 unit residential income property located in Koreatown neighborhood of Los Angeles. The property features 12 spacious and beautiful 1 Bedroom 1 Bathroom units with 12 assigned parking. Centrally located and close to all amenities of the town this property has always been in high demand rental market. Current monthly gross rental income of $17,600 and $211,200 annually, provide a huge opportunity for rent increase and more profit for the new owner. More information and details are available upon request.
| DAYS ON MARKET | 180 | LAST UPDATED | 10/13/2025 |
|---|---|---|---|
| YEAR BUILT | 1964 | COMMUNITY | KREA - Koreatown |
| GARAGE SPACES | 12.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Sep 23, '25 | $2,999,999 |
|---|---|
| Sep 23, '25 - Oct 12, '25 | $2,899,999 |
| Oct 12, '25 - Oct 13, '25 | $2,799,999 |
| Oct 13, '25 - Today | $2,699,999 |
| ADDITIONAL DETAILS | |
| AREA | KREA - Koreatown |
|---|---|
| GARAGE | Yes |
| HEAT | Central |
| LOT | 6869 sq ft |
| LOT DIMENSIONS | 6870 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/25 1:00 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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