610 N Gramercy Place Los Angeles, CA 90004
Larchmont NeighborhoodEstimated payment $17,895/month
Total Views
945
11
Beds
15
Baths
4,984
Sq Ft
$552
Price per Sq Ft
About This Home
Presenting a 2022 built FULLY LEASED 4-unit townhouse complex with an impressive 5.02% CAP RATE in a quiet and highly desirable part of Los Angeles! Located just minutes from Larchmont Village, Koreatown, and Melrose Hill, the property consists of 2 separate building on one lot. Three of the units have 3 bedrooms 3.5 bathrooms, and one unit is a 2 bedroom 2.5 bathroom unit, all fetching very high and competitive rents. All units have their own unique address and are separately metered for gas, water, and electricity. Each address also has their own trash/recycle bins paid directly from the tenant, minimizing expenses and making it easy to manage for any landlord. Each unit has their own tankless water heaters, recessed lighting, central AC/Heat, laundry machines, built-in microwave, refrigerators, and gas range stove/ovens. 8 parking spaces (including 3 private garage spaces) are available for tenants with the possibility to park 10 cars.This NON-RENT CONTROLLED property is easy to maintain property is a landlord's dream!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,052
Year Built
- Built in 2022
Lot Details
- 5,423 Sq Ft Lot
- Lot Dimensions are 43x109
Home Design
- Split Level Home
Interior Spaces
- 4,984 Sq Ft Home
- 3-Story Property
Kitchen
- Oven or Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 11 Bedrooms
- 15 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 8 Parking Spaces
- Driveway
- Assigned Parking
- Controlled Entrance
Utilities
- Central Heating and Cooling System
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5522-008-031
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $34,052 | $2,865,260 | $1,146,104 | $1,719,156 |
| 2024 | $34,052 | $2,809,080 | $1,123,632 | $1,685,448 |
| 2023 | $33,387 | $2,754,000 | $1,101,600 | $1,652,400 |
| 2022 | $11,993 | $998,617 | $578,147 | $420,470 |
| 2021 | $11,845 | $979,037 | $566,811 | $412,226 |
| 2019 | $777 | $885,000 | $800,000 | $85,000 |
| 2018 | $1,891 | $146,664 | $81,973 | $64,691 |
| 2016 | $1,793 | $140,971 | $78,791 | $62,180 |
| 2015 | $1,768 | $138,854 | $77,608 | $61,246 |
| 2014 | $1,783 | $136,135 | $76,088 | $60,047 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | Price Changed | $2,750,000 | -4.5% | $552 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $2,880,000 | 0.0% | $578 / Sq Ft |
| 06/30/2025 06/30/25 | Off Market | $2,880,000 | -- | -- |
| 04/02/2025 04/02/25 | Price Changed | $2,880,000 | -4.6% | $578 / Sq Ft |
| 11/09/2024 11/09/24 | Price Changed | $3,020,000 | -2.6% | $606 / Sq Ft |
| 09/12/2024 09/12/24 | For Sale | $3,100,000 | 0.0% | $622 / Sq Ft |
| 09/05/2023 09/05/23 | Rented | $4,225 | +12.5% | -- |
| 08/26/2023 08/26/23 | Under Contract | -- | -- | -- |
| 08/20/2023 08/20/23 | For Rent | $3,755 | -11.6% | -- |
| 04/01/2022 04/01/22 | Rented | $4,250 | 0.0% | -- |
| 03/15/2022 03/15/22 | Sold | $2,700,000 | 0.0% | $541 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 03/15/2022 03/15/22 | For Sale | $2,700,000 | 0.0% | $541 / Sq Ft |
| 03/11/2022 03/11/22 | For Rent | $4,250 | 0.0% | -- |
| 05/31/2019 05/31/19 | Sold | $950,000 | -3.0% | $586 / Sq Ft |
| 02/01/2019 02/01/19 | For Sale | $979,500 | 0.0% | $604 / Sq Ft |
| 01/30/2019 01/30/19 | Pending | -- | -- | -- |
| 01/15/2019 01/15/19 | For Sale | $979,500 | 0.0% | $604 / Sq Ft |
| 10/24/2018 10/24/18 | Rented | $3,500 | 0.0% | -- |
| 10/19/2018 10/19/18 | Under Contract | -- | -- | -- |
| 10/15/2018 10/15/18 | Price Changed | $3,500 | +4.5% | $2 / Sq Ft |
| 10/01/2018 10/01/18 | For Rent | $3,350 | 0.0% | -- |
| 09/06/2018 09/06/18 | Sold | $885,000 | -6.8% | $546 / Sq Ft |
| 06/23/2018 06/23/18 | For Sale | $950,000 | -- | $586 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | First American Title Company | |
| Grant Deed | $885,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $300,000 | Credit Line Revolving | |
| Open | $1,364,776 | Commercial | |
| Closed | $712,500 | Construction |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 24-438921
APN: 5522-008-031
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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