729 Gramercy Dr, Los Angeles, CA 90005

We are pleased to present 729 Gramercy Drive an 8-unit investment opportunity located in Koreatown (90005).The property has not been available to the marketplace in nearly 40 years.The asset, built in 1958, is reflective of the architectural character from that era and features Two (1) One Bedroom-One Bathroom, Two (2) Two-Bedroom - One Bathroom and Four (1) Bedroom - One Bathroom apartments with a den. The property provides 4 tandem parking spaces for the residents and is separately metered for gas and electrical utilities.Centrally located in Koreatown, just south of Wilshire Boulevard, 729 Gramercy Drive is poised to capitalize on the tremendous momentum in the Koreatown and adjacent areas. Furthermore, the subject property's transit-oriented and highly walkable (91 Walkscore) location offers residents access to a myriad of entertainment venues, cultural destinations, and dining options nearby.