711 S Gramercy Place
Los Angeles, CA 90005
- 5 beds
- 4 baths
- 2,130 sqft
- 5,163 sqft lot
- $469 per sqft
- 1923 build
- – on site
A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations. While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you're staying close to home or exploring the city, this property combines development potential with an unbeatable central location.
Last checked:
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Last updated Dec 13, 2024
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MLS# SR24243687 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:1
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Structure Type:House
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:Two
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Entry Location:1st Floor
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Room Type:See Remarks
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Room Dimensions
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Living Area:2130.00
Location
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Directions:Gramercy place/ 7th street
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Latitude:34.05941900
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Longitude:-118.31348800
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR3
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Lot Features:Value In Land
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Lot Size Area:5163.0000
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Lot Size Acres:0.1185
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Lot Size SqFt:5163.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2126.10
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Tax Tract:3828
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Tax Lot:11
Beds
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Total Bedrooms:5
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Main Level Bedrooms:1
Baths
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Total Baths:4
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Full & Three Quarter Baths:4
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Main Level Baths:1
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Full Baths:4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5092027023
Heating & Cooling
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Cooling:Yes
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Cooling:See Remarks
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Los Angeles Unified
The Community
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Features:Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:1.00
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Attached Garage:No
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Garage Spaces:1.00
Monthly cost estimate
Asking price
$1,000,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,354
|
| Taxes | N/A |
| Insurance | $275 |
| Utilities | $168 See report |
| Total | $5,797/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/4/24
Dec 4, 2024
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Listed / Active | CRMLS_CA | $1,000,000 | |
|
5/31/00
May 31, 2000
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Sold | DAMLS |
44% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $77k above asking price on average, but some went as high as $477k over asking price.
