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1,529 sqft

$850,000

5747 S Gramercy Place, Los Angeles CA, 90062

Price per sqft$555.92
Built in1950
Property size1,529 sqft
Property typeMulti-family
Listed by Jessica Altinoglu CA DRE# 02159983 with Luxury Collective 818-426-2465

Overview

Active

Listed Oct 10, 2026

Updated 24h ago

This three-unit property in South Los Angeles combines residential and commercial income on one lot! The unit mix includes two 3-bedroom, 1-bathroom residences and a studio currently operating as a beauty shop. The studio is permitted for commercial use, which diversifies income and can appeal to small-business tenants. The 3-bedroom units are a strong fit for long-term renters, and each unit has its own entrance. The lot is gated with a long driveway, off-street parking, and an attached two-car garage. All of this sits on a palm-lined street with access to major South LA corridors, shopping, and transit. The property can be held for steady cash flow, improved over time to increase rents, or occupied by an owner-user who wants to live on-site while collecting rental and commercial income. Mixed-use properties with this flexibility are hard to find in the 90062 area!

$5,655/mo

Est. mortgage payment based on a $850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26220299

Interior Features

Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Jessica Altinoglu CA DRE# 02159983 with Luxury Collective 818-426-2465

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/11/2026 at 2:50 AM UTC Last Checked: 2:50 AM UTC

 

 

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