711 South Gramercy Place

Los Angeles, CA 90005

$1,000,000
Price
5
Beds
4
Baths
2,130 Sq. Ft.
$469 / Sq. Ft.
2,130
Sq. Ft.
$469
per Sq. Ft.

Description

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...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.
  1. Listed by Lyonel Katz • DRE #01930421 • Brokerage DRE #01937864 • Lux Realty • 818-632-5195

Property Details for 711 South Gramercy Place

View
None
Parking Spaces Total
1
Private Pool
No
Cooling Type
Other/Remarks
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2130
LISTING UPDATED: 12/04/2024 10:49 PM

Property Details for 711 South Gramercy Place

StatusActive
MLS #SR24243687
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1923
Lot Size0.12 AC / 5,163 SF
CountyLos Angeles County

Building Information for 711 South Gramercy Place

Stories2Year Built1923Building Size-Lot Size0.12 AC / 5,163 SF

Property Information for 711 South Gramercy Place

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 3828
  • Tax Census Tract: 2126.10
  • CFD/Mello-Roos Fee: $386
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: See Remarks
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: See Remarks
Exterior Features
  • Entry Location: 1st Floor
  • Structure Type: House
  • Miscellaneous: Value in Land
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Value In Land
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 711 South Gramercy Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 711 South Gramercy Place

Taxable ValueLand$386,947Additions$132,892Total$519,839
Tax Record2024$6,535 ($545 / month)
Home Facts
Beds5Total Finished SqFt2,130 SqFtAbove Grade Finished SqFt2,130 SqFtLot Size5,160 SqFtStyleSingle Family ResidenceYear Built1923ZoningLAR3CountyLOS ANGELESAPN5092-027-023

Schools near 711 South Gramercy Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Wilton Place Elementary School
PublicK to 5

Magnolia Science Academy 6 School
Charter6 to 8

Los Angeles Senior High School
Public9 to 12

Vista Horizon Global Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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711 South Gramercy Place is a single family home for sale in Los Angeles, CA 90005. This property was listed for sale on December 4, 2024 by Lux Realty, it's currently listed at $1,000,000. It has been on the market for a total of 17 days and was last sold on May 31, 2000. This listing's school district is Los Angeles Unified School District. Nearby schools include Wilton Place Elementary School, Magnolia Science Academy 6 School and Los Angeles Senior High School. 711 South Gramercy Place is a 5-bed, 4-bath, 2,130 sqft single family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lux Realty, Lyonel Katz, DRE #01930421

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.