3 months on rocket

721 Gramercy Dr, Los Angeles, CA, 90005

$1,299,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,817 SqFt
$715/SqFt
House

Location

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721 Gramercy Dr, Los Angeles$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage
Year Built1920
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewCity Lights
MLS #24417079
Lot Size0.14 Acres
StatusActive

About 721 Gramercy Dr

Single family home, centrally situated in the highly sought after Hancock Park/ Koreatown on a large R4 lot, this property allows endless possibilities for owner users and investors alike. Step into this beautifully renovated & updated 1920 traditional home in the heart of Hancock Park/ Koreatown. Gorgeous inside and out, with incredible curb-appeal & mature landscaping. The perfect mix of original elegance and designer touches, with beautiful hardwood floors, detailed molding & gorgeous original fireplace mantel. The home has 4 spacious bedrooms and 2 full bathrooms. Updated kitchen has everything you need for seamless entertaining & cooking. Off the kitchen, is a lovely dining room which leads to a spacious living room with working fireplace! Direct access from the rear of house offers a gorgeous private backyard, perfect for summer entertaining & relaxing. Beautifully manicured driveway for parking & a secured gate for access to the garage parking in back. This home is desirably located & has easy access to all that Los Angeles has to offer; just three blocks from Wilshire & Western Metro station! Home also offers stainless steel kitchen appliances, full-size washer & dryer, & central air conditioning & heat. **Sale of the home also comes with APPROVED CITY PLANS TO CONVERT EXISTING GARAGE INTO ADU** 24-48 hour notice for all showings. Please read showing remarks for all appts.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 0
  • Living Area: 1,817 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Christina Graziano

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Attached Garage: No
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Wilshire, West of Western

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $715/SqFt

Tax Information:

  • Annual Amount: $14,479
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

721 Gramercy Dr vs Los Angeles

112 DAYS ON ROCKET

+74 Days

$1,299,000

+$275.5K More

$715/SqFt

+$74 More

KEY TAKEAWAY

This property is $275.5K more than the Median Sold Price and $74/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24417079

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Christina Graziano

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2015Home Sold
$1,100,000
Apr 29, 2015Home Sold
$765,000
Mar 09, 2010Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,479$1,203,008
2020$14,046$1,190,673
2019$13,929$1,167,327
2018$13,627$1,144,439
2017$13,627$1,122,000

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-304444
5
/10

  • Wilton Place Elementary

  • 745 S Wilton Pl

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-304445
8
/10

  • Wilshire Park Elementary

  • 4063 Ingraham St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-304446
4
/10

  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,449. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721 Gramercy Dr

What is the listing price of this property?

The listing price of 721 Gramercy Dr property is $1,299,000.

What type of property is this?

The property 721 Gramercy Dr is a house located in Los Angeles, California, 90005.

Is this property for sale now?

Active Listing: 721 Gramercy Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,479 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2015 for $1,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 721 Gramercy Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 721 Gramercy Dr is 1,817 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 721 Gramercy Dr is 1920.

Rocket Homes›California›Los Angeles County›Los Angeles›90005›721 Gramercy Dr

This home is located at 721 Gramercy Dr in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. This 1,817 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $1,299,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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