1518 S Gramercy Pl, Los Angeles, CA 90019
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1518 S Gramercy Pl Los Angeles, CA 90019

$3,250,000
  • 0 Beds
  • 0 Baths
  • 7,193 Sq.Ft.
For Sale
$3,250,000 Get Pre-Qualified

Map preview of 1518 S Gramercy Pl, Los Angeles, CA 90019

Property Overview: 1518 S Gramercy Pl Los Angeles, CA has -- bedrooms, -- bathrooms, 7,193 living square feet and 13,165 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Stunning modernized 1933 Art Deco masterpiece with residence, apartment, private offices, and chapel for creative/flex use. 7,200-square-foot building on a large 13,000-square-foot lot. The dramatic, inspiring blend of historic charm and modern convenience features an auditorium/assembly hall, banquet hall, multiple offices, residences, and private gardens. The main assembly hall spans approximately 3,000 square feet with 20-foot ceilings and eight large stained-glass windows. The apx. 1900 sq ft banquet hall includes a new designer kitchen, three rooms with en-suite baths, a stage, and a half bath/powder room. Five offices are available, including two private offices (230 square feet each) with adjoining baths and garden access. The second floor houses a 700-square-foot apartment with a separate entrance, one bedroom, one bath, a kitchen, and a large living room. This historic gem was designed by architect David Carthage Coleman for the Mogen David Congregation. In 1953, it was converted to the Church of Divine Guidance, and in 2021, it was purchased by a professional set decorator/architect buff & a well-known, established builder. Modern amenities include fully updated electrical, plumbing, HVAC, and telecommunications systems. The property has four 5-ton heating and cooling units, a tankless water heater, a hot water recirculation system, and WiFi with speeds up to 1200 Mbps available from Spectrum. Exterior features include re-envisioned landscaping, a circular driveway with two automatic gates, and parking for 6-8 cars. Historic elements are thoughtfully preserved, including 22 stained glass windows, an original stage with faux carved painting, refinished oak and maple floors, and restored original tiles. The color palette enhances the historical features, creating a sense of celebration. With LED lighting throughout, new insulation in all walls, and custom tile in offices and the primary bath, this property perfectly balances historical inspiration and modern convenience in a prime, quiet location. It is ideal for those seeking a unique and adaptable space

Listed by Christopher Furstenberg | BRE #01208924 | Nourmand & Associates-HW
Last checked: 4 minutes ago | Last updated: June 25th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
13,165
HOA Dues
$0/mo
Year built
1933
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24405545
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1518 S Gramercy Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Room Information
  • Flooring: Wood
  • Entry, Bonus Room, Center Hall
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Controlled Entrance, Circular Driveway, Gated
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5073007013
  • Property Condition: Under Construction, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Pico and Venice
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Sale History for 1518 S Gramercy Pl

View property's historical transactions
  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: 24405545

    $3,250,000

    Price

Tax History for 1518 S Gramercy Pl

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1518 S Gramercy Pl is listed 170.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $451.83 per/sqft which puts the price per square foot 41.47% lower than the median price per square foot for the city of Los Angeles.

About 1518 S Gramercy Pl

Detailed summary of property

1518 S Gramercy Pl is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly 7,193 living square feet, and sits on an approximately 13,165 square foot lot. 1518 S Gramercy Pl was first listed on ArdentRealEstateGroup.com on June 19, 2024. The homeowner is currently asking $3,250,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 170.83% higher than the median priced home. Local competing homes currently for sale include 1470 W Adams Blvd, 743 S Berendo St and 1433 S Westmoreland Ave. While the average home in Los Angeles, CA is selling in 100 days, 1518 S Gramercy Pl has a days on market of 16 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1518 S Gramercy Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1518 S Gramercy Pl

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
79
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

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Related Resources to 1518 S Gramercy Pl

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.