4700 S Gramercy Pl, Los Angeles, CA 90062
Image 2 for 4700 S Gramercy Pl, Los Angeles, CA 90062
Image 3 for 4700 S Gramercy Pl, Los Angeles, CA 90062
View Photos

4700 S Gramercy Pl Los Angeles, CA 90062

$667,000
  • 4 Beds
  • 2 Baths
  • 1,948 Sq.Ft.
For Sale
$667,000 Get Pre-Qualified

Map preview of 4700 S Gramercy Pl, Los Angeles, CA 90062

Property Overview: 4700 S Gramercy Pl Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,948 living square feet and 6,502 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: Investor s Dream This duplex, boasting 2 units, each featuring 2 bedrooms and 1 bathroom, offers a total of 1948 sq ft of prime real estate. Built in 1907, this property stands proudly on a corner lot with a generous 6500 sq ft of space. Zoned LA R2-1 Tier 2 TOC, this duplex provides a fantastic investment opportunity, allowing for potential growth and development. With a combination of historic charm and strategic location, this property is a promising venture for those looking to expand their real estate portfolio or generate steady rental income. This is an exclusive listing period for purchase by owner-occupant buyers, select nonprofits, governmental entities, and other approved entities. All offers from these purchases should be submitted as pre-auction offers. If a pre-auction offer was not accepted by the seller during the First Look period, the auction will begin for all bidders on 03/22/2024.

Listed by Sebastian Stofenmacher | BRE #01328684 | Edgestone Real Estate, Inc.
Last checked: 12 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 54
Get a $1,001 Cash Reward New

Buy this home with Ardent Real Estate Group and get $1,001 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,502
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Duplex
Status
Active
MLS#
PW24036771
City
Los Angeles
County
Los Angeles
Time on Site
65 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Other Income Description: 0
  • Personal Property: $0
  • Improvements Total: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 4700 S Gramercy Pl

No upcoming open houses

Schedule Tour
Loading...

Property Details for 4700 S Gramercy Pl

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5015004024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Western and 48th St
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 4700 S Gramercy Pl

View property's historical transactions
  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: PW24036771

    $740,000

    Price

Tax History for 4700 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

4700 S Gramercy Pl is listed 46.04% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $342.4 per/sqft which puts the price per square foot 55.7% lower than the median price per square foot for the city of Los Angeles.

About 4700 S Gramercy Pl

Detailed summary of property

4700 S Gramercy Pl is a duplex located in Los Angeles, CA 90062 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,948 living square feet, and sits on an approximately 6,502 square foot lot. 4700 S Gramercy Pl was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $667,000 and was originally asking $740,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 46.04% lower than the median priced home. Local competing homes currently for sale include 5465 2nd Ave, 1510 W 53rd St and 1452 W 53rd St. While the average home in Los Angeles, CA is selling in 96 days, 4700 S Gramercy Pl has a days on market of 54 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4700 S Gramercy Pl Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4700 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.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,900
Median List Price/Sq.Ft.
$574
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$589
Total Inventory
32
Median Sale to List Price %
98.18%
Avg Days on Market
59
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

Tour This Home


Buy with Ardent Real Estate Group and save $1,001.

Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message
Get a $1,001 Cash Reward New

Buy this home with Ardent Real Estate Group and get $1,001 back.

Call/Text (714) 706-1823

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.