x
Address
1836 N Gramercy Place Hollywood, CA
Price
$ 12,995,000
Property Attributes
  • MLS#SR18149736
  • TypeIncome
  • CountyLOS ANGELES
  • CityHollywood
  • AreaHollywood
  • Zip90028
  • Style
  • Price$ 12,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19665
  • Lot Size0.46 Acres
Listing Provided Courtesy Of:
Warren Berzack with Lee & Associates.
Property Description

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 $60,411. 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 from the major Hollywood & Highland entertainment center of Los Angeles.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/22/2018 Listed $12,995,000

General Features

Attached Structure Attached
Community Features Sidewalks, Street Lighting, Urban
Directions South of Franklin, Just east of the 101.
HOA Fee 0.00
Levels Two
Listing Agent Warren Berzack - BRE#01329015
Listing Agent State License 01329015
MLS Area C20 - Hollywood
Price Per Square Foot 660.82
Property Attached Y/N Yes
Special Listing Conditions Standard
Total Units 28
Zoning LAR3

Interior Features

1st Bedroom Area 692
1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area 890
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Cooling Central
Heating Central Furnace, Wall Heater
Heating Y/N Yes
Laundry Features Community, Dryer Included, Washer Included
Laundry Y/N Yes
Studio Area 474
Studio Area Unit Type Square Feet
Total Stories 2
Utilities Natural Gas Available, Sewer Connected, Water Connected

Exterior Features

Building Area Total 19665.00
Garage Spaces 0.00
Lot Features 11-15 Units/Acre
Lot Size Source Assessor
Lot Size Square Feet 20038.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 29
Number of Separate Gas Meters 29
Number of Separate Water Meters 1
Parking Features Assigned
Parking Y/N Yes
Pool Features Community Pool
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90028

Price
AVG $3.96M
$13M
Visits
AVG 58
233
Year Built
AVG 1938
1964

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