$10,545,000

1848 N Gramercy Place, Los Angeles CA, 90028

Price per sqft$307.26

Built in1929

Property size34,320 sqft

Property typeCommercial

Listed by Brett Daniels CA DRE# 01230746 with Atlas Real Estate Corporation 310-975-2570

Overview

Active

Listed Oct 20, 2025

Updated 3 weeks ago

1848 N Gramercy Pl is a 48-unit Beaux-Arts style apartment building located in the desirable Los Feliz neighborhood of Los Angeles. Built in 1929, the property offers a mix of studios and one-bedroom units with an average size of approximately 500 square feet. Amenities include on-site management, elevator, controlled access, security surveillance, a landscaped courtyard, and laundry facilities.The property presents a value-add opportunity, with potential to enhance unit interiors from legacy tenants and common areas to further increase rental income. Located in one of the few submarkets inLos Angeles where leasing activity remains strong and rents have stayed stable, 1848 N Gramercy Pl benefits from consistent tenant demand and long-term growth potential.Conveniently positioned near the Hollywood Freeway, the property offers easy access to numerousHollywood landmarks, exceptional restaurants, and vibrant nightlife.

Additional information

MLS^® ID: 25611107

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.32 Acres

Listed by Brett Daniels CA DRE# 01230746 with Atlas Real Estate Corporation 310-975-2570

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:21 AM UTC Last Checked: 1:21 AM UTC