1634 S Gramercy Pl, Los Angeles, CA 90019
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1634 S Gramercy Pl Los Angeles, CA 90019

$540,000 Sold Price as of 01/27/2021
  • 2 Beds
  • 1.5 Baths
  • 1,240 Sq.Ft.
Sold
$540,000 Sold Price as of 01/27/2021 Refinance Your Mortgage

Map preview of 1634 S Gramercy Pl, Los Angeles, CA 90019

Property Overview: 1634 S Gramercy Pl Los Angeles, CA has 2 bedrooms, 1.5 bathrooms, 1,240 living square feet and 11,603 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A towering 4-plex with old Hollywood charm in Arlington Heights, with lush green grounds set behind iron gates and green hedges, community outdoor dining with twinkling cafe lights, centrally located in coveted Mid-City. 1920's character abounds in this gently restored and beautifully updated 4-unit community. With over 1200 square feet, this masterful flat feels more like a grand home and unlike anything you've seen in this price point. Featuring an abundant amount of common yards, it's own private gated yard, and a romantic front patio. Inside: a decorative fireplace, wood windows, white oak flooring, original crown molding and high ceilings. All the rooms in this home are spacious and bright, including a formal dining room, a clean and crisp renovated kitchen open to the living area, truly a historic treasure. In-unit laundry, ample closets, and two tandem parking spaces included with this unit. TIC sale.

Listed by Elizabeth McDonald | BRE #01449897 | TRG Realty Company, Inc.
Co-listed by Cristina Brow | BRE #01964062 | TRG Realty Company, Inc.
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
11,603
HOA Dues
$250/mo
Year built
1921
Garage
1 Car
Property Type:
Condominium
Status
Sold
MLS#
20648802
City
Los Angeles
County
Los Angeles
Time on Site
1263 days

Virtual Tour

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Property Details for 1634 S Gramercy Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Eating Area: Dining Room, In Kitchen, In Living Room
  • Flooring: Wood, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Range Hood, Oven, Range
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Crown Molding, Open Floorplan
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned, Tandem Garage, Carport, Detached Carport
  • No Attached Garage
Lot Information
  • Lot Features: Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Parcel Number: UNAVAILABLE
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $250 (Frequency Unknown)
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: North on Arlington Ave from the 10 Frwy, right on Washington Blvd, left on Gramercy Pl, property is on the right.
View more facts & features

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Sale History for 1634 S Gramercy Pl

Last sold for $555,000 on January 29th, 2021
  • January, 2021

  • Jan 29, 2021

    Date

    Sold (Public Records)

    Public Records

    $555,000

    Price

  • January, 2021

  • Jan 27, 2021

    Date

    Sold

    CRMLS: 20648802

    $540,000

    Price

  • Nov 16, 2020

    Date

    Active Under Contract

    CRMLS: 20648802

    $525,000

    Price

  • Oct 28, 2020

    Date

    Active

    CRMLS: 20648802

    $525,000

    Price

  • January, 2021

  • Jan 27, 2021

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold

    CRMLS: 20572520

    $1,395,000

    Price

  • May 13, 2020

    Date

    Price Change

    CRMLS: 20572520

    $1,449,800

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: 20572520

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    5,448 SF 8 BED 4 BATH 4PLEX with massive 11,602 SF Lot RD1.5 TOC Tier 2 DELIVERED VACANT COMES WITH 5 - 6 UNITS WITH POSSIBLE RTI 9% PROFORMA CAP RATE. Well maintained charming Colonial style 4 plex in Mid City on a quiet tree lined extra wide street. Good mix of Large 2 bedroom and 1 bathroom units which comes completely vacant and also with a possible Ready To Issue plan to renovate the property into 5 or 6 unit apartment with almost triple amount of bedrooms that consists 3 4 bedrms, 1 5 bedroom and 1 3 bedrm above garage or 2 1 bedrms above garage by reorganizing the generous given space & the lot. This is the perfect opportunity for owner-user or investors looking for value add to spend the least amount of money to convert into amazing cash flow income property that would result whopping 9% Pro Forma CAP RATE. Separately metered w/ plenty of parking space due to massive sized lot! 11,602 sq ft lot also calls for all developers attention! Clean RD1.5 with potential to build 8 units

  • April, 2020

  • Apr 14, 2020

    Date

    Expired

    CRMLS: 20547080

    $1,499,900

    Price

  • Apr 7, 2020

    Date

    Price Change

    CRMLS: 20547080

    $1,499,900

    Price

  • Mar 23, 2020

    Date

    Price Change

    CRMLS: 20547080

    $1,500,000

    Price

  • Feb 10, 2020

    Date

    Withdrawn

    CRMLS: 20547080

    $1,899,000

    Price

  • Feb 5, 2020

    Date

    Hold

    CRMLS: 20547080

    $1,899,000

    Price

  • Jan 30, 2020

    Date

    Price Change

    CRMLS: 20547080

    $1,899,000

    Price

  • Jan 23, 2020

    Date

    Active

    CRMLS: 20547080

    $1,999,800

    Price

  • Listing provided courtesy of CRMLS

    5,448 SF 8 BED 4 BATH 4PLEX with massive 11,602 SF Lot RD1.5 TOC Tier 2 DELIVERED VACANT COMES WITH 5 - 6 UNITS WITH POSSIBLE RTI 9% PROFORMA CAP RATE. Well maintained charming Colonial style 4 plex in Mid City on a quiet tree lined extra wide street. Good mix of Large 2 bedroom and 1 bathroom units which comes completely vacant and also with a possible Ready To Issue plan to renovate the property into 5 or 6 unit apartment with almost triple amount of bedrooms that consists 3 4 bedrms, 1 5 bedroom and 1 3 bedrm above garage or 2 1 bedrms above garage by reorganizing the generous given space & the lot. This is the perfect opportunity for owner-user or investors looking for value add to spend the least amount of money to convert into amazing cash flow income property that would result whopping 9% Pro Forma CAP RATE. Separately metered w/ plenty of parking space due to massive sized lot! 11,602 sq ft lot also calls for all developers attention! Clean RD1.5 with potential to build 8 units

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: 19515856

    $2,099,800

    Price

  • Dec 30, 2019

    Date

    Withdrawn

    CRMLS: 19515856

    $2,099,800

    Price

  • Nov 25, 2019

    Date

    Active

    CRMLS: 19515856

    $2,099,800

    Price

  • Nov 16, 2019

    Date

    Hold

    CRMLS: 19515856

    $2,099,800

    Price

  • Sep 30, 2019

    Date

    Active

    CRMLS: 19515856

    $2,099,800

    Price

  • Listing provided courtesy of CRMLS

    5,448 SF 8 BED 4 BATH 4PLEX with massive 11,602 SF Lot RD1.5 TOC 12 Tier 2 DELIVERED VACANT COMES WITH 5 UNIT RTI 8% PROFORMA CAP RATE.Well maintained charming Colonial style 4 plex in Mid City on a quiet tree lined extra wide street. Good mix of Large 2 bedroom and 1 bathroom units which comes completely vacant and also with a Ready To Issue plan to renovate the property into 5 unit apartment with almost triple amount of bedrooms that consists 3 4 bedrms, 1 5 bedroom and 1 3 bedrm above garage by reorganizing the generous given space & the lot. This is the perfect opportunity for owner-user or investors looking for value add to spend the least amount of money to convert into amazing cash flow income property that would result whopping 8.36 Pro Forma CAP RATE. Separately metered w/ plenty of parking space due to massive sized lot! 11,602 sq ft lot also calls for all developers attention! Clean RD1.5 with potential to build 8 units by right & up to 12 units using TOC Tier 2 guideline

  • January, 2018

  • Jan 5, 2018

    Date

    Canceled

    CRMLS: 17294208

    $1,099,000

    Price

  • Dec 5, 2017

    Date

    Active

    CRMLS: 17294208

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Classic, grand fourplex on a wide green street in Mid-City, 90019 with ample parking. Substantial upside in the rents. The current 4 units can easily be converted to 3-bedrooms and/or the lot allows for substantially more units. Building is over 5,400 sq. ft. and the lot is over 11,500 sq. ft.

  • December, 2017

  • Dec 1, 2017

    Date

    Canceled

    CRMLS: 17250304

    $1,280,000

    Price

  • Nov 30, 2017

    Date

    Price Change

    CRMLS: 17250304

    $1,280,000

    Price

  • Aug 11, 2017

    Date

    Price Change

    CRMLS: 17250304

    $1,340,000

    Price

  • Jul 12, 2017

    Date

    Active

    CRMLS: 17250304

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Attention all developer and owner . location location location Huge lot size, beautiful building shape. awesome neighborhood. This is rare developer opportunity, huge building and big lot. you can build whatever you want. condition is perfect clean. well maintain all condition. what are you waiting for ??

  • March, 2017

  • Mar 26, 2017

    Date

    Expired

    CRMLS: 16127896

    $1,499,000

    Price

  • Mar 17, 2017

    Date

    Withdrawn

    CRMLS: 16127896

    $1,499,000

    Price

  • Mar 16, 2017

    Date

    Active

    CRMLS: 16127896

    $1,499,000

    Price

  • Mar 7, 2017

    Date

    Hold

    CRMLS: 16127896

    $1,499,000

    Price

  • Jan 5, 2017

    Date

    Price Change

    CRMLS: 16127896

    $1,499,000

    Price

  • Oct 16, 2016

    Date

    Withdrawn

    CRMLS: 16127896

    $1,450,000

    Price

  • Sep 15, 2016

    Date

    Price Change

    CRMLS: 16127896

    $1,450,000

    Price

  • Jun 17, 2016

    Date

    Price Change

    CRMLS: 16127896

    $1,349,000

    Price

  • Jun 3, 2016

    Date

    Price Change

    CRMLS: 16127896

    $1,350,000

    Price

  • May 23, 2016

    Date

    Price Change

    CRMLS: 16127896

    $1,240,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location this is rare developer opportunity, huge building and big lot . you can build whatever you want. condition is perfect. clean. well maintain all condition. what are you waiting for ?? your property is here. this is subject to inspection

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Tax History for 1634 S Gramercy Pl

Assessed Value (2020): $1,013,154
Year Land Value Improved Value Assessed Value
2020 $606,161 $406,993 $1,013,154

Home Value Compared to the Market

This property vs the competition

1634 S Gramercy Pl sold on January 27, 2021 for 53.54% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $423.39 per/sqft which puts the price per square foot 43.85% lower than the current median sale per square foot for the city of Los Angeles.

About 1634 S Gramercy Pl

Detailed summary of property

1634 S Gramercy Pl is a condominium that recently sold in Los Angeles, CA 90019. This condo offered 2 bedrooms, 1.5 bathrooms, roughly 1,240 living square feet, and sits on an approximately 11,603 square foot lot. 1634 S Gramercy Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $540,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 53.54% lower than the current median priced home. Local homes that are currently for sale include 2311 W 10th St #302, 435 S Virgil Ave #111 and 435 S Virgil Ave #225. This home does have a Homeowners Association and the monthly fee is $250 per month. While the average home in Los Angeles, CA is selling in 99 days, 1634 S Gramercy Pl has a days on market of 19 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1634 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 1634 S Gramercy Pl

Public county record property details
Beds
8
Baths
4
Year built
--
Sq. Ft.
5,448
Lot Size
11,602
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
62,63
APN
5073-015-007

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.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
78
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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Related Resources to 1634 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.