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2001 S Gramercy Pl Los Angeles, CA 90018

$1,278,000 Sold Price as of 07/20/2020

5 Beds
3 Baths
-- Sq.Ft.

Sold

$1,278,000 Sold Price as of 07/20/2020 Refinance Your Mortgage

Map preview of 2001 S Gramercy Pl, Los Angeles, CA 90018

Property Overview: 2001 S Gramercy Pl Los Angeles, CA has 5 bedrooms, 3 bathrooms, -- living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Need to buy a 1031 exchange property? TWO UNITS DELIVERED VACANT. Perfect owner-user opportunity in one of West Adam's best historic neighborhoods, Western Heights (HPOZ). Gorgeous 1926 English Revival built by noted architect J. William Roberts. Both units of the large front duplex (each unit over 1600 sq ft) will be delivered vacant, and they are both beautiful - original hardwood floors, vaulted and coved ceilings, original windows, and both with central heat and air! Eligible for applying to the Mills Act tax break (ask LA1 for more info). Separate carriage house is an extra large one bedroom (946 sq ft), with two bonus areas/office spaces. Three garages, plus 2 small storage areas below the carriage house. Systems updated. Great investment opportunity in red-hot West Adams, central to downtown, USC, Beverly Hills, Culver City, and minutes to world-class museums, restaurants, and shopping. Do not disturb occupants! Inspection reports available upon request! Seller motivated

Listed by Andrea Dunlop | BRE #01396262 | Sotheby's International Realty

Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft: 6,250
HOA Dues: $0/mo
Year built: 1926
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20567096
City: Los Angeles
County: Los Angeles
Time on Site: 1263 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,820
Total Rent: $1,820
Pro Forma/Market Rent: $2,200

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,000

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,800

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 14.76
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 2001 S Gramercy Pl

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Kitchen Information

Has Appliances
Dishwasher, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway, Garage - Three Door

Property Information

Total # of Units: 3
Parcel Number: 5073027013

Location / Neighborhood

Location Information

Directions: North of the 10 Freeway, south of Washington, between Arlington and Western. Neighborhood gated at Western, and closed at Arlington. Enter from Washington.

View more facts & features

Local Los Angeles Agent

Sale History for 2001 S Gramercy Pl

Last sold for $1,278,000 on July 20th, 2020

July, 2020
Jul 20, 2020

Date

Sold

CRMLS: 20567096

$1,278,000

Price
Jun 28, 2020

Date

Pending

CRMLS: 20567096

$1,350,000

Price
Apr 15, 2020

Date

Active Under Contract

CRMLS: 20567096

$1,350,000

Price
Apr 13, 2020

Date

Hold

CRMLS: 20567096

$1,350,000

Price
Mar 26, 2020

Date

Active

CRMLS: 20567096

$1,350,000

Price
July, 2020
Jul 20, 2020

Date

Sold (Public Records)

Public Records

$1,278,000

Price
September, 2019
Sep 4, 2019

Date

Canceled

CRMLS: 19500452

$1,350,000

Price
Aug 16, 2019

Date

Active

CRMLS: 19500452

$1,350,000

Price
Listing provided courtesy of CRMLS

TWO UNITS DELIVERED VACANT. Perfect owner-user opportunity in one of West Adam's best historic neighborhoods, Western Heights (HPOZ). Gorgeous 1926 English Revival built by noted architect J. William Roberts. Both units of the large front duplex will be delivered vacant, and they are both beautiful - original hardwood floors, vaulted and coved ceilings, original windows, and both with central heat and air! Eligible for applying to the Mills Act tax break (ask LA1 for more info). Separate carriage house is an extra large one bedroom, with two bonus areas/office spaces. Three garages, plus a small storage area below the carriage house. Plumbing and electrical have been upgraded, newer water heaters (1 tankless), refinished floors in the upstairs duplex. Great investment opportunity in red-hot West Adams, central to downtown, USC, Beverly Hills, Culver City, and minutes to world-class museums, restaurants, and shopping.

Continue Reading
December, 2002
Dec 9, 2002

Date

Sold (Public Records)

Public Records

$456,000

Price

Tax History for 2001 S Gramercy Pl

Assessed Value (2020): $603,874

Year	Land Value	Improved Value	Assessed Value
2020	$357,557	$246,317	$603,874

Home Value Compared to the Market

This property vs the competition

2001 S Gramercy Pl sold on July 20, 2020 for 19.47% higher than the current median sold price for the city of Los Angeles which is $1,130,000.

About 2001 S Gramercy Pl

Detailed summary of property

2001 S Gramercy Pl is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 5 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 6,250 square foot lot. 2001 S Gramercy Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,278,000. 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 19.47% higher than the current median priced home. Local homes that are currently for sale include 1407 5th Ave, 1547 S 5th Ave and 1678 Roosevelt Ave. While the average home in Los Angeles, CA is selling in 98 days, 2001 S Gramercy Pl has a days on market of 18 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 2001 S Gramercy Pl Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2001 S Gramercy Pl

Public county record property details

Beds: 5
Baths: 3
Year built: 1926
Sq. Ft.: 4,204
Lot Size: 6,249
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 25
APN: 5073-027-013

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$924,999

Median List Price/Sq.Ft.

$629

Median Sold Price

$1,130,000

Median Sold Price/Sq.Ft.

$712

Total Inventory

Median Sale to List Price %

103.2%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (22.22%), Other (0%)

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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.