Complete Fixer Great Investment Opportunity in Prime Mid Los Angeles. This two-story, 5-bedroom, 2.5-bath home offers incredible potential for investors and developers alike. Situated on a spacious lot in the highly desirable 90019 zip code, this property is a complete fixerperfect for those looking to renovate or rebuild. With the ability to develop up to six units (buyer to verify),…
The Story
1624 S Gramercy, Los Angeles, Ca 90019
Complete Fixer Great Investment Opportunity in Prime Mid Los Angeles. This two-story, 5-bedroom, 2.5-bath home offers incredible potential for investors and developers alike. Situated on a spacious lot in the highly desirable 90019 zip code, this property is a complete fixerperfect for those looking to renovate or rebuild. With the ability to develop up to six units (buyer to verify), this site presents a rare chance to maximize value in a rapidly growing area. Conveniently located near major freeways, USC, and Downtown Los Angeles, the home provides excellent accessibility and strong long-term appeal. Please note: the property has known foundation issues and requires a new roof. Dont miss this exceptional opportunity to transform a centrally located property in one of Los Angeles most sought-after neighborhoods.
Facts & Features
Property Info
Price
$1,325,000
Completion Year
1,907
Living Space
3,016 sq ft
Bedrooms
5
Bathrooms
3
Lot size
0.20488980716253 acres
Features & Amenities
Garden
Lush greenery that creates calm surroundings and natural shade.
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