537 S. Gramercy Place is a well located 16 unit multifamily investment opportunity in the heart of Koreatown, one of Los Angeles' most supply constrained and high demand rental submarkets. The property is ideally situated just two blocks from Wilshire Boulevard, offering tenants walkable access to neighborhood retail, dining, and daily amenities. The Wilshire/Western Metro station is located just three blocks away, providing convenient connectivity to Downtown Los Angeles, Hollywood, and the Westside. Constructed in 1959, the wood frame stucco property spans approximately 8,720 square feet on an 8,406 square foot lot with an efficient average unit size of 545 square feet. Building amenities include 16 on site parking spaces, secured intercom entry, on site laundry, and a completed soft story seismic retrofit. Utilities are separately metered for gas and electricity, supporting operational efficiency. From an investment perspective, the property offers approximately 27% upside in rents, presenting a compelling value add opportunity. Offered at attractive in place pricing with favorable financing options, 537 S. Gramercy Place is positioned within a proven high occupancy market with strong and consistent rental demand.