701 Gramercy Dr Los Angeles, CA 90005

$13,400,000 Sold Price as of 11/13/2015

-- Beds
-- Baths
48,852 Sq.Ft.

Off Market

$13,400,000 Sold Price as of 11/13/2015 Refinance Your Mortgage

Map preview of 701 Gramercy Dr, Los Angeles, CA 90005

Property Overview: 701 Gramercy Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 48,852 living square feet and 24,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

701 Gramercy Dr 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 701 Gramercy Dr

Last sold for $13,400,000 on November 13th, 2015

November, 2015
Nov 13, 2015

Date

Sold (Public Records)

Public Records

$13,400,000

Price
December, 2005
Dec 21, 2005

Date

Sold (Public Records)

Public Records

$8,338,500

Price

Tax History for 701 Gramercy Dr

Assessed Value (2020): $13,751,064

Year	Land Value	Improved Value	Assessed Value
2020	$3,220,234	$10,530,830	$13,751,064

About 701 Gramercy Dr

Detailed summary of property

701 Gramercy Dr is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90005 and last sold on November 13, 2015 for $13,400,000. This property has -- bedrooms, -- bathrooms, roughly 48,852 living square feet, and sits on an approximately 24,800 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 1096.43% higher than the current median priced home. 701 Gramercy Dr was last sold on November 13, 2015 for $13,400,000. Local nearby listings include 618 S Van Ness Ave #3, 570 S Van Ness Ave and 3785 Wilshire Blvd #1504. 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 701 Gramercy Dr Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 701 Gramercy Dr

Public county record property details

Beds: --
Baths: --
Year built: 1926
Sq. Ft.: 48,852
Lot Size: 24,800
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5092-028-026

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$839,000

Median List Price/Sq.Ft.

$643

Median Sold Price

$695,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

92.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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(714) 706-1823

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