Multi-Family for sale in Southern California — $799,000. 4 beds · 3 baths · 2,538 sqft. 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 b…
$799,000
5700 S Gramercy Place, Los Angeles, CA 90062
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 homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer/Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, which is currently occupied by one Section 8 tenant paying $2,313. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent, the other tenant pays $568 and is not Section 8). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!
Listing updated: May 18, 2026 at 4:53 PM
Listed by: Taylor Light, Coldwell Banker Realty
Source: CRMLS, MLS#: 25607637, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
4/24/2026 Source: CRMLS, #25607637 | Price change | $799,000$315/sqft-7.0% |
| 4/13/2026Source: CRMLS, #25607637 | Listed for sale | $859,000$338/sqft |
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