1624 S Gramercy Pl Los Angeles, CA 90019

$900,000 Sold Price as of 05/09/2017

5 Beds
2 Baths
3,016 Sq.Ft.

Off Market

$900,000 Sold Price as of 05/09/2017 Refinance Your Mortgage

Map preview of 1624 S Gramercy Pl, Los Angeles, CA 90019

Property Overview: 1624 S Gramercy Pl Los Angeles, CA has 5 bedrooms, 2 bathrooms, 3,016 living square feet and 8,922 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1624 S Gramercy Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1624 S Gramercy Pl

Last sold for $900,000 on May 9th, 2017

April, 2022
Apr 7, 2022

Date

Canceled

CRMLS: SR22006530

$1,020,000

Price
Jan 12, 2022

Date

Active

CRMLS: SR22006530

$1,020,000

Price
Listing provided courtesy of CRMLS

*LOCATION**LOCATION**LOCATION* Zoned RD-1.5 with a big lot at 8,992sf. No Rent control. Amazing development opportunity to build a multi-family consisting of 4 to 6 units at the highly sought after 90019 zip-code. Easy access to freeways, USC and Downtown Los Angeles. Currently is a 5 bedroom house that is an established Airbnb property generating income. Do not miss out on this great opportunity.

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December, 2020
Dec 8, 2020

Date

Canceled

CRMLS: SR20163467

$1,149,000

Price
Oct 7, 2020

Date

Active Under Contract

CRMLS: SR20163467

$1,149,000

Price
Aug 13, 2020

Date

Price Change

CRMLS: SR20163467

$1,149,000

Price
Aug 13, 2020

Date

Active

CRMLS: SR20163467

$1,100,000

Price
Listing provided courtesy of CRMLS

*LOCATION**LOCATION**LOCATION* Zoned RD-1.5 with a big lot at 8,992sf. No Rent control. Amazing development opportunity to build a multi-family consisting of 4 to 6 units at the highly sought after 90019 zip-code. Easy access to freeways, USC and Downtown Los Angeles. Currently is a 5 bedroom house that is an established Airbnb property generating income. Do not miss out on this great opportunity.

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March, 2020
Mar 1, 2020

Date

Expired

CRMLS: SR19242485

$1,100,000

Price
Feb 28, 2020

Date

Active

CRMLS: SR19242485

$1,100,000

Price
Feb 6, 2020

Date

Pending

CRMLS: SR19242485

$1,100,000

Price
Dec 2, 2019

Date

Price Change

CRMLS: SR19242485

$1,100,000

Price
Nov 4, 2019

Date

Price Change

CRMLS: SR19242485

$1,205,000

Price
Oct 14, 2019

Date

Active

CRMLS: SR19242485

$1,299,000

Price
Listing provided courtesy of CRMLS

BOM AT NO FAULT OF PROPERTY - BUYER DID NOT HAVE FUNDS TO CLOSE *LOCATION**LOCATION**LOCATION* Zoned RD-1.5 with a big lot at 8,992sf. No Rent control. Amazing development opportunity to build a multi-family consisting of 6 units at the highly sought after 90019 zip-code each approximately 1,500-1,600 square foot with 3 bedrooms and easy access to freeways, USC and Downtown Los Angeles. Currently is a 5 bedroom house that is an established Airbnb property generating generous income according to the seller. Do not miss out on this great opportunity.

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August, 2019
Aug 27, 2019

Date

Canceled

CRMLS: 19498248

$1,450,000

Price
Aug 9, 2019

Date

Active

CRMLS: 19498248

$1,450,000

Price
Listing provided courtesy of CRMLS

Amazing development opportunity to build a multi-family consisting of 6 units (possibly 7/8) each approximately 1,500-1,600 square foot with 3 bedrooms! Zoned RD1.5 and currently has a vacant 5 bedroom house that is an established Airbnb property which generates approximately $10-12k a month. This is perfect for Developers to generate income while getting the property RTI and ready for demo! With easy access to freeways, USC and Downtown Los Angeles, this is definitely an opportunity you don't want to miss!

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April, 2019
Apr 11, 2019

Date

Canceled

CRMLS: SR19032143

$4,600

Price
Mar 1, 2019

Date

Price Change

CRMLS: SR19032143

$4,600

Price
Feb 11, 2019

Date

Active

CRMLS: SR19032143

$4,950

Price
Listing provided courtesy of CRMLS

*LOCATION**LOCATION**LOCATION* GREAT PROPERTY LOCATED NEAR PRIME KOREATOWN NEIGHBORHOOD & HIGHLY SOUGHT AFTER 90019 ZIP-CODE. THE MANY BEDROOMS AND BATHROOMS ARE PERFECT FOR AIRBNB OR LARGE EXTENDED FAMILY. MINUTES FROM DTLA, HOLLYWOOD, WEST HOLLYWOOD, MID-CITY. NEARBY MANY RETAIL STORES, MARKETS, SHOPS, AND RESTAURANTS WITHIN WALKING DISTANCE.

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April, 2019
Apr 11, 2019

Date

Canceled

CRMLS: SR19032093

$1,295,000

Price
Feb 11, 2019

Date

Active

CRMLS: SR19032093

$1,295,000

Price
Listing provided courtesy of CRMLS

*LOCATION**LOCATION**LOCATION* ZONED R-3 WITH Q CONDITION ON A BIG LOT. NO RENT CONTROL. GREAT INCOME PROPERTY OR GREAT DEVELOPMENT OPPORTUNITY ON DESIRABLE LOT LOCATED NEAR PRIME KOREATOWN NEIGHBORHOOD & HIGHLY SOUGHT AFTER 90019 ZIP-CODE. POSSIBILITY OF BUILDING MULTI UNITS DUE TO ZONING. THE MANY BEDROOMS AND BATHROOMS ARE PERFECT FOR AIRBNB OR LARGE EXTENDED FAMILY. MINUTES FROM DTLA, HOLLYWOOD, WEST HOLLYWOOD, MID-CITY. NEARBY MANY RETAIL STORES, MARKETS, SHOPS, AND RESTAURANTS WITHIN WALKING DISTANCE.

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January, 2019
Jan 23, 2019

Date

Expired

CRMLS: SR18203389

$1,450,000

Price
Nov 26, 2018

Date

Active

CRMLS: SR18203389

$1,450,000

Price
Oct 24, 2018

Date

Active Under Contract

CRMLS: SR18203389

$1,450,000

Price
Aug 21, 2018

Date

Active

CRMLS: SR18203389

$1,450,000

Price
Listing provided courtesy of CRMLS

*LOCATION**LOCATION**LOCATION* Zoned R-3 with a big lot at 8,992sf. No Rent control. Easy to DEVELOP your very own Multi-Unit apartment building at the highly sought after 90019 zip-code. Pictures and plans available for a 12 unit apartment building consisting of all 2 bed 2 baths. Property is occupied by tenant bringing income until you are ready to build. Buyer to verify all information – Pictures of potential 12 unit is solely provided for information only. There is no permits available. Access to architect who has provided the plans with vast knowledge of the zoning, planning and permitting of this property.

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May, 2017
May 9, 2017

Date

Sold (Public Records)

Public Records

$900,000

Price
August, 2001
Aug 31, 2001

Date

Sold (Public Records)

Public Records

$278,000

Price

Tax History for 1624 S Gramercy Pl

Assessed Value (2020): $940,521

Year	Land Value	Improved Value	Assessed Value
2020	$711,633	$228,888	$940,521

About 1624 S Gramercy Pl

Detailed summary of property

1624 S Gramercy Pl is a single family home in Los Angeles, CA 90019 and last sold on May 9, 2017 for $900,000. This house has 5 bedrooms, 2 bathrooms, roughly 3,016 living square feet, and sits on an approximately 8,922 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.64% lower than the current median priced home. 1624 S Gramercy Pl was last sold on May 9, 2017 for $900,000. Local nearby listings include 1146 S Oxford Ave, 1023 S Wilton Pl and 1023 S Wilton Pl. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1624 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 1624 S Gramercy Pl

Public county record property details

Beds: 5
Baths: 2
Year built: 1907
Sq. Ft.: 3,016
Lot Size: 8,922
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 60
APN: 5073-015-005

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

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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