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509 S Gramercy Place
 
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Gramercy Place
For additional information, please contact: inquire@siennapartners.com or (213) 383-9600.
 
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Type: Apartments Year Built: 1931
Price: $2,350,000 Roof Type: Flat
Total Units: 6 Bldg Class: -
Bldg SF: 11,685 No. of Stories: 3
No. of Bldgs: 1 Parking Spaces: 6
Property: 509 S. Gramercy Place is a charming three story Art Deco style building located two blocks from the Wilshire and Western Ave intersection. The building is situated on a beautifully landscaped lot of 8,407 square feet. There are six elegant and spacious two bedroom and two bath units each over 1,900 square that are individually metered for water and gas. In addition, the property has been extensively remodeled within the past year with new exterior paint, a newly sealed roof, and new copper plumbing re-pipe of the interior supply lines. Each unit has been recently upgraded with new hardwood flooring, granite countertops, bathroom upgrades, and new fixtures. Architectural detailes such as crown moldings and fireplaces add to the charm of these apartments.
Area: This beautiful vintage property, built in 1931, is a great investment due to its key location and its architectural significance. Nestled in the prime location of the Mid-Wilshire/Koreatown district, this building offers a unique opportunity to own an old world charm in L.A.' s bustling business, social and cultural center. The surrounding community has undergone exponential growth and approximately $4 billion in new developments.
 
 
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