Trimark Realty
5700 S Gramercy Place primary photo
Active·Multi-Family (3 Units)

$799,000

-$60,000
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5700 S Gramercy Place, Los Angeles CA 90062

4 beds3 baths2,538 sqft

Multi-Family (3 Units)

Property type

64 days

On market

$315

Price per sqft

3 cars

Garage

1926

Year built

6,386 sqft

Lot size

Home highlights

Laminate floorTile floorGarage

Open Houses

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Overview

Property is tenant occupied. With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Located in an Opportunity Zone and a community on the rise, these units are perfect for those seeking an accessible entry into...

Listing provided by: Taylor Light DRE #02084441 310-963-6768, Coldwell Banker Realty

Listing updated: May 18, 2026 at 11:53pm.

Last checked: Jun 15, 2026 at 01:00pm

Source: CRMLS #25607637

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
1211$2,313$2,313$2,313Unfurnished
1111$570$570$570Unfurnished
1111$1,081$1,081$1,081Unfurnished
  • # of Buildings: 3

  • # of Units Total: 3

  • Carpet: 3

Financial Snapshot

Gross Rent Multiplier

16.8x

List Price / Annual Gross Rent

Cap Rate

3.63%

NOI / List Price

  • Net Operating Income: $29,036

Annual Operating Expenses

  • Gardener: $1,800

  • Insurance: $3,000

  • New Taxes: $10,730

  • Water / Sewer: $3,000

Interior

  • Interior Features: Ceiling Fans

  • Flooring: Carpet, Laminate, Tile

  • Cooling: Wall Window Units

  • Heating: Wall Furnace

  • Laundry: Stacked

Exterior

  • Architectural Style: Bungalow

  • Property Attached: No

  • Stories Total: 0

  • Levels: One

  • Door Features: Double Door Entry

  • Exterior: Dock

  • Common Walls: No Common Walls

  • View: None

Garage and Parking

  • Parking: Door Multi, Garage

  • Garage Spaces: 3

  • Garage: Detached

  • Parking Total: 3

Lot Information

  • Land Lease: No

  • Parcel #: 5005018015

  • Zoning: LAR2

Community

  • HOA: No

  • Senior Community: No