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8731 S Gramercy Pl, Los Angeles, CA, 90047

$849,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,269 SqFt
$669/SqFt
House

Location

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8731 S Gramercy Pl, Los Angeles$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1939
CoolingNone
FireplaceNone
ViewNone
MLS #DW24232398
Lot Size0.16 Acres
StatusActive

About 8731 S Gramercy Pl

Welcome to this delightful TWO-bedroom, ONE-bathroom home, perfectly situated in the vibrant and highly sought-after West LA neighborhood, just moments from SoFi Stadium and all the excitement it has to offer. One of the standout features of this property is the fully functional Accessory Dwelling Unit (ADU)—a fantastic bonus that can be used as a home office, guest suite, rental unit, or creative studio. The ADU offers flexibility and added value, making this home perfect for investors or anyone looking for extra space. This is a rare opportunity to own a home in one of LA’s most desirable areas with the added bonus of an ADU and a scenic patio! Whether you're an investor, first-time homebuyer, or looking for a property with income potential, this home offers endless possibilities.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1
  • Living Area: 1,269 SqFt

Listing Office:

  • Office Name: Century 21 Allstars
  • Office Phone: (562) 843-4885
  • Listing Agent: Miguel Belmonte

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: 105 West exit to Vermont, Right onto S Vermont, Left onto Century, Right on S Western, Left on W 89th street, Right on Gramercy

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $669/SqFt

Tax Information:

  • Annual Amount: $3,179
  • 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

41

# of Sold Homes

1467

8731 S Gramercy Pl vs Los Angeles

41 DAYS ON ROCKET

-0 Day

$849,000

-$177.6K Less

$669/SqFt

+$28 More

KEY TAKEAWAY

This property is $177.6K less than the Median Sold Price and $28/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: #DW24232398

Listing Office:

  • Office Name: Century 21 Allstars
  • Office Phone: (562) 843-4885
  • Listing Agent: Miguel Belmonte

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: 1/11/2025, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 1989Home Sold
$148,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,179$250,180
2020$3,088$247,616
2019$2,991$242,761
2018$2,929$238,002
2017$2,929$233,336

History based on county public records data.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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-1905237
3
/10

  • La Salle Avenue School

  • 8715 La Salle Ave

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-1905238
2
/10

  • Manhattan Place Elementary School

  • 1850 W 96th St

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-1905239
5
/10

  • 74th Street Elementary School

  • 2112 W 74th St

  • 1.00 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 $54,500. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8731 S Gramercy Pl

What is the listing price of this property?

The listing price of 8731 S Gramercy Pl property is $849,000.

What type of property is this?

The property 8731 S Gramercy Pl is a house located in Los Angeles, California, 90047.

Is this property for sale now?

Active Listing: 8731 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 $3,179 (source: MLS/based on county public records data).

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

The last sale was on April 28, 1989 for $148,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8731 S Gramercy Pl has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8731 S Gramercy Pl is 1,269 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8731 S Gramercy Pl is 1939.

Rocket Homes›California›Los Angeles County›Los Angeles›90047›8731 S Gramercy Pl

This home is located at 8731 S Gramercy Pl in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This 1,269 square foot home, which was built in 1939, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 01, 2024 and is currently priced at $849,000.

Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.

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

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