537 S Gramercy Pl, Los Angeles, CA 90020

BRING ALL OFFERS! SELLERS HAVE IDENTIFIED THEIR 1031 EXCHANGE UPLEG PROPERTY. We are pleased to present the 537 S Gramercy Place Apartments - a 16 unit apartment building located in a Prime Mid-Wilshire location just adjacent to Hancock Park. The building was originally constructed in 1959 and consists of 8,720 square feet of living space.The property features Eight 1 bedroom / 1 bathroom units and Eight Studios. The owners have done a fantastic job maintaining the property. Also, there are twelve on-site parking spaces as well as on-site laundry. Further, the property is situated on a 8,407 Square Foot lot zoned R-4 which could be used for potential future development (BUYER TO VERIFY WITH THE CITY).