Search
713 N Gramercy Pl, Los Angeles, CA 90038
Image 2 for 713 N Gramercy Pl, Los Angeles, CA 90038
Image 3 for 713 N Gramercy Pl, Los Angeles, CA 90038
View Photos

713 N Gramercy Pl Los Angeles, CA 90038

$1,300,000 Sold Price as of 11/23/2022
  • -- Beds
  • -- Baths
  • 2,112 Sq.Ft.
Sold
$1,300,000 Sold Price as of 11/23/2022 Refinance Your Mortgage
Map preview of 713 N Gramercy Pl, Los Angeles, CA 90038

Property Overview: 713 N Gramercy Pl Los Angeles, CA has -- bedrooms, -- bathrooms, 2,112 living square feet and 6,754 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: RARE Hollywood Investor Development Opportunity Near Paramount Studios! This Property per Assessor Records is Zoned LAC4 with a 6754 Sq.ft. Parcel, a 2112 Sq.ft. Dwelling. According To The Los Angeles City Planning Zone Information & Map Access System (ZIMAS), The 3 Bedroom, 2 Bath Hollywood Fixer is Classified to be in a State Enterprise Zone as Well as A Transit Opportunity Zone! Located Near Public Transportation, 101 Freeway Access, Shops, Stores, and The Hollywood Historic Hotel, Established 1927! This is an Opportunity NOT To Be Missed!!

Listed by Tim Lesser | BRE #01168896 | Keller Williams Beach Cities
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,754
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB22208080
City
Los Angeles
County
Los Angeles
Time on Site
578 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 713 N Gramercy Pl

Interior Features
Laundry Information
  • See Remarks
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5535014024
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: MELROSE/GRAMERCY
View more facts & features

Local Los Angeles Agent

Sale History for 713 N Gramercy Pl

Last sold for $1,300,000 on November 23rd, 2022

  • April, 2023

  • Apr 29, 2023

    Date

    Expired

    CRMLS: 23245519

    $1,495,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: 23245519

    $1,549,000

    Price

  • Listing provided courtesy of CRMLS

    713 N. Gramercy Pl, located in prime Hollywood, just a stone's throw away from Paramount Studios, Larchmont Village, Netflix, and much more, presents an incredible RTI development opportunity. The property features a 6,753 sqft lot with C4-1D (Tier 2) zoning and is SB8-Exempt! The property offers RTI plans for 4 luxuriously designed units, each featuring stunning rooftop decks and unusually large balconies off the 2nd and 3rd floors. The plans consist of 16 bedrooms and 16 bathrooms, each unit having 4 bedrooms and 4 bathrooms. Per the elevations, the first & third floors are 9 ft tall, and second floor is 10 ft tall allowing a developer to incorporate high-end designs and customized finishes throughout the units. This property offers 10 parking spaces, ensuring ample parking for residents, and there is the possibility of converting the two-car garage to an ADU after CofO, while still retaining 8 parking spaces after conversion (buyer to confirm). The luxurious design of the units makes them a highly desirable choice for modern-day living. With everything that Hollywood has to offer just moments away, this location is perfect for young professionals, couples, or families looking to enjoy the city's vibrant lifestyle. We are anticipating a monthly income of $24,000, making this a great cash flowing asset! *If the buyer does not wish to take advantage of the RTI plans, they can build 16 units by-right or 27 to 28 units by taking advantage of TOC (buyer to confirm with the city & their own architect).*

  • November, 2022

  • Nov 23, 2022

    Date

    Sold

    CRMLS: SB22184389

    $1,300,000

    Price

  • Sep 25, 2022

    Date

    Active

    CRMLS: SB22184389

    $995,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2022

  • Nov 23, 2022

    Date

    Sold

    CRMLS: SB22208080

    $1,300,000

    Price

  • Sep 25, 2022

    Date

    Active

    CRMLS: SB22208080

    $995,000

    Price

  • September, 2009

  • Sep 11, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 713 N Gramercy Pl

Assessed Value (2020): $560,628
Year Land Value Improved Value Assessed Value
2020 $413,097 $147,531 $560,628

Home Value Compared to the Market

This property vs the competition

713 N Gramercy Pl sold on November 23, 2022 for 5.24% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $471.12 per/sqft which puts the price per square foot 36.16% lower than the current median sale per square foot for the city of Los Angeles.

About 713 N Gramercy Pl

Detailed summary of property

713 N Gramercy Pl is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered -- bedrooms, -- bathrooms, roughly 2,112 living square feet, and sits on an approximately 6,754 square foot lot. 713 N Gramercy Pl was first listed on ArdentRealEstateGroup.com on September 26, 2022. The homeowner sold the property for $1,300,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 5.24% lower than the current median priced home. Local homes that are currently for sale include 2718 W Slauson Ave, 4600 S Central Ave and 206 S Saint Louis St. While the average home in Los Angeles, CA is selling in 97 days, 713 N Gramercy Pl has a days on market of 3 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 713 N Gramercy Pl Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 713 N Gramercy Pl

Public county record property details
Beds
--
Baths
--
Year built
1912
Sq. Ft.
2,112
Lot Size
6,753
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5535-014-024

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 713 N Gramercy Pl

Nearby Homes for Sale

530 N Larchmont Blvd #2, Los Angeles, CA 90004
$1,349,000
-- Beds
-- Baths
1610 Sq.Ft.
530 N Larchmont Blvd #2
Los Angeles, CA 90004
3925 Fountain Ave, Los Angeles, CA 90029
$1,099,900
-- Beds
-- Baths
1094 Sq.Ft.
3925 Fountain Ave
Los Angeles, CA 90029
1215 Fedora St, Los Angeles, CA 90006
$1,500,000
-- Beds
-- Baths
4733 Sq.Ft.
1215 Fedora St
Los Angeles, CA 90006
160 Union Pl, Los Angeles, CA 90026
$1,395,000
-- Beds
-- Baths
3527 Sq.Ft.
160 Union Pl
Los Angeles, CA 90026
2922 Maple Ave, Los Angeles, CA 90011
$1,475,000
-- Beds
-- Baths
4412 Sq.Ft.
2922 Maple Ave
Los Angeles, CA 90011
4351 S Western Ave, Los Angeles, CA 90062
$1,495,000
22 Beds
21 Baths
7615 Sq.Ft.
4351 S Western Ave
Los Angeles, CA 90062
3317 S San Pedro St, Los Angeles, CA 90011
$1,499,000
-- Beds
-- Baths
187 Sq.Ft.
3317 S San Pedro St
Los Angeles, CA 90011
3130 Arvia St, Los Angeles, CA 90065
$1,500,000
6 Beds
5 Baths
3032 Sq.Ft.
3130 Arvia St
Los Angeles, CA 90065
4703 Crenshaw Blvd, Los Angeles, CA 90043
$1,300,000
-- Beds
-- Baths
2500 Sq.Ft.
4703 Crenshaw Blvd
Los Angeles, CA 90043
5022 S Western Ave, Los Angeles, CA 90062
$1,475,000
-- Beds
-- Baths
2160 Sq.Ft.
5022 S Western Ave
Los Angeles, CA 90062
4303 S Main St, Los Angeles, CA 90037
$1,355,000
-- Beds
-- Baths
1515 Sq.Ft.
4303 S Main St
Los Angeles, CA 90037
2600 W 54th St, Los Angeles, CA 90043
$1,488,000
-- Beds
-- Baths
3382 Sq.Ft.
2600 W 54th St
Los Angeles, CA 90043

Recently Sold Homes Near 713 N Gramercy Pl

5115 Clinton Street, Los Angeles, CA 90004
$1,500,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
5115 Clinton Street
Los Angeles, CA 90004
4958 Melrose Ave, Los Angeles, CA 90029
$1,350,000 Last Sold Price
-- Beds
-- Baths
2820 Sq.Ft.
4958 Melrose Ave
Los Angeles, CA 90029
338 N Western Ave, Los Angeles, CA 90004
$3,375,000 Last Sold Price
-- Beds
-- Baths
6548 Sq.Ft.
338 N Western Ave
Los Angeles, CA 90004
5421 Flemish Ln, Los Angeles, CA 90029
$2,390,000 Last Sold Price
-- Beds
-- Baths
15498 Sq.Ft.
5421 Flemish Ln
Los Angeles, CA 90029

Related Resources to 713 N Gramercy Pl

New Listings in 90038
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote