721 Gramercy Dr, Los Angeles, CA 90005
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721 Gramercy Dr Los Angeles, CA 90005

$1,299,000
  • 4 Beds
  • 2 Baths
  • 1,817 Sq.Ft.
For Sale
$1,299,000 Get Pre-Qualified

Map preview of 721 Gramercy Dr, Los Angeles, CA 90005

Property Overview: 721 Gramercy Dr Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,817 living square feet and 6,255 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: Single family home, centrally situated in the highly sought after Hancock Park/ Koreatown on a large R4 lot, this property allows endless possibilities for owner users and investors alike. Step into this beautifully renovated & updated 1920 traditional home in the heart of Hancock Park/ Koreatown. Gorgeous inside and out, with incredible curb-appeal & mature landscaping. The perfect mix of original elegance and designer touches, with beautiful hardwood floors, detailed molding & gorgeous original fireplace mantel. The home has 4 spacious bedrooms and 2 full bathrooms. Updated kitchen has everything you need for seamless entertaining & cooking. Off the kitchen, is a lovely dining room which leads to a spacious living room with working fireplace! Direct access from the rear of house offers a gorgeous private backyard, perfect for summer entertaining & relaxing. Beautifully manicured driveway for parking & a secured gate for access to the garage parking in back. This home is desirably located & has easy access to all that Los Angeles has to offer; just three blocks from Wilshire & Western Metro station! Home also offers stainless steel kitchen appliances, full-size washer & dryer, & central air conditioning & heat. **Sale of the home also comes with APPROVED CITY PLANS TO CONVERT EXISTING GARAGE INTO ADU** 24-48 hour notice for all showings. Please read showing remarks for all appts.

Listed by Christina Graziano | BRE #02072713 | Keller Williams Beverly Hills
Last checked: 2 minutes ago | Last updated: September 15th, 2024 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
6,255
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24417079
City
Los Angeles
County
Los Angeles
Time on Site
53 days

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Property Details for 721 Gramercy Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • Has Fireplace
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
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
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
  • No Attached Garage
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Parcel Number: 5092028024
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Wilshire, West of Western
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Sale History for 721 Gramercy Dr

Last sold for $1,100,000 on November 6th, 2015
  • July, 2024

  • Jul 25, 2024

    Date

    Active

    CRMLS: 24417079

    $1,495,000

    Price

  • November, 2015

  • Nov 6, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • April, 2015

  • Apr 29, 2015

    Date

    Sold (Public Records)

    Public Records

    $765,000

    Price

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Tax History for 721 Gramercy Dr

Assessed Value (2020): $1,190,673
Year Land Value Improved Value Assessed Value
2020 $950,591 $240,082 $1,190,673

Home Value Compared to the Market

This property vs the competition

721 Gramercy Dr is listed 8.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $714.91 per/sqft which puts the price per square foot 6.67% lower than the median price per square foot for the city of Los Angeles.

About 721 Gramercy Dr

Detailed summary of property

721 Gramercy Dr is a single family home located in Los Angeles, CA 90005 and is currently for sale. This house offers 4 bedrooms, 2 bathrooms, roughly 1,817 living square feet, and sits on an approximately 6,255 square foot lot. 721 Gramercy Dr was first listed on ArdentRealEstateGroup.com on July 25, 2024. The homeowner is currently asking $1,299,000 and was originally asking $1,495,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.25% higher than the median priced home. Local competing homes currently for sale include 722 S Windsor Blvd #101, 1124 S Manhattan Pl and 321 S Oxford Ave #501. While the average home in Los Angeles, CA is selling in 104 days, 721 Gramercy Dr has a days on market of 52 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 721 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 721 Gramercy Dr

Public county record property details
Beds
4
Baths
2
Year built
1920
Sq. Ft.
1,817
Lot Size
6,253
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5092-028-024

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
44
Median Sale to List Price %
92.79%
Avg Days on Market
53
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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Related Resources to 721 Gramercy Dr

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.