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854 S Gramercy Pl, Los Angeles, CA, 90005

$1,990,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Baths
5,584 SqFt
$356/SqFt
House

Location

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854 S Gramercy Pl, Los Angeles$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1924
HeatingWall Furnace
MLS #24462595
Lot Size0.17 Acres
StatusActive

About 854 S Gramercy Pl

Discover an exceptional investment opportunity in the vibrant heart of Koreatown, Hancock Park! This beautifully remodeled building features spacious units with their own laundry rooms, each averaging 1,396 SF, perfect for modern living. With ample parking available and R-3, Tier 3 zoning, the potential here is limitless. Two units can be vacated at the close of escrow, providing flexibility for new owners. Don't miss your chance to capitalize on this prime location!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 0
  • Living Area: 5,584 SqFt

Listing Office:

  • Office Name: The H Realty
  • Office Phone: (818) 495-5432
  • Listing Agent: Jeannie K. Lee

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: North of Olympic and East of Wilton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $356/SqFt

Tax Information:

  • Annual Amount: $11,533
  • 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

854 S Gramercy Pl vs Los Angeles

3 DAYS ON ROCKET

-35 Days

$1,990,000

+$966.5K More

$356/SqFt

-$285 Less

KEY TAKEAWAY

This property is $966.5K more than the Median Sold Price and $285/SqFt less 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: #24462595

Listing Office:

  • Office Name: The H Realty
  • Office Phone: (818) 495-5432
  • Listing Agent: Jeannie K. Lee

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

Jul 21, 2010Home Sold
$775,000
Feb 16, 2005Home Sold
$879,000
Mar 01, 2001Home Sold
$437,500
Mar 03, 2000Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,533$917,290
2020$11,198$907,885
2019$11,009$890,085
2018$10,779$872,634
2017$10,779$855,524

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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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-396377
5
/10

  • Wilton Place Elementary

  • 745 S Wilton Pl

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-396378
8
/10

  • Wilshire Park Elementary

  • 4063 Ingraham St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-396379
4
/10

  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.50 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 $36,448. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 854 S Gramercy Pl

What is the listing price of this property?

The listing price of 854 S Gramercy Pl property is $1,990,000.

What type of property is this?

The property 854 S Gramercy Pl is a house located in Los Angeles, California, 90005.

Is this property for sale now?

Active Listing: 854 S Gramercy Pl 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 $11,533 (source: MLS/based on county public records data).

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

The last sale was on July 21, 2010 for $775,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 854 S Gramercy Pl has 9 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 854 S Gramercy Pl is 5,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 854 S Gramercy Pl is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90005›854 S Gramercy Pl

This home is located at 854 S Gramercy Pl in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. This 5,584 square foot home, which was built in 1924, sits on a 0.17 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,990,000.

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. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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