1836 North Gramercy Place

Estimated Monthly Payment: $59,259/mo 1836 North Gramercy Place, Hollywood, CA 90028 MLS# SR18149736 Residential Income Listing Status: Active
19,665 sqft
26
47
0
0

REMARKS:

Gramercy Hollywood is an ultra-slick, modern, recently renovated apartment community with top of the line amenities in a coveted location within Hollywood, California. Set on a 20, 038 square foot lot, this attractive 19, 665 gross rentable square foot property is crafted with structural simplicity, sleek finishes and clean lines. Originally built in 1964, the property offers open floor plans, exquisite attention to detail and an unbeatable location with superb freeway and bus access. 21 of the total 28 units have been fully renovated and are successfully achieving top rents for the market. The remaining 7 unrenovated units present a 20%+ upside in rents. The unit mix includes 5 two-bedroom units, 17 one-bedroom units and 6 studios, for a total current scheduled monthly income of $60, 012. With world-class shopping and dining, red carpet movie premieres, celebrated live theatre and over 70 brand-name retailers in the immediate area, the property?s location offers endless possibilities. It lies in close proximity to many local hotspots and iconic landmarks, including the Hollywood Walk of Fame, El Capitan Theatre, Dolby Theatre (home of the Academy Awards~) and TCL Chinese Theatre (formerly Grauman?s). The property also sits less than two miles fro

OVERVIEW:

359487040:MRMLS
Residential Income
Active
Hollywood
1964
19665
Assigned
Central Furnace, Wall Heater
Central A/C
Water District, Public
Sidewalks, Street Lighting

FEATURES:

Community Pool
Dryer, Washer

ROOM INFO:

Community

ROOM SIZES:

Laundry Room
Community

FINANCIAL:

$12,995,000
$8,400
$14,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Warren Berzack - Lee & Associates

 

01369850 

 

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Data last updated: 07/17/2018