For Sale Multi-Family MLS# 26986135

210 S Commonwealth Avenue

Los Angeles, CA 90004

$3,590,000

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About 210 S Commonwealth Avenue

210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location!!! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

Property details

Property

Type
multi
Year built
1980
Living area
10,884 sqft
Price / sqft
$330
Lot
0.1719 ac
List date
Sep 8, 2026

Schools

District
Los Angeles Unified School District

Location

Subdivision
Westlake
Neighborhood
Westlake

Location

Neighborhood
Westlake
School district
Los Angeles Unified School District

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Listed by Jae Young Lee, Ivy Realty Co.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.