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838 S Gramercy Pl #7, Los Angeles, CA 90005
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838 S Gramercy Pl #7 Los Angeles, CA 90005

$2,590,000
  • 11 Beds
  • 8 Baths
  • 6,324 Sq.Ft.
For Sale
$2,590,000 Get Pre-Qualified
Map preview of 838 S Gramercy Pl #7, Los Angeles, CA 90005

Property Overview: 838 S Gramercy Pl #7 Los Angeles, CA has 11 bedrooms, 8 bathrooms, 6,324 living square feet and 7,502 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: We are please to announce the sale of 838 S Gramercy place,8 unit apartment. In addition to provide strong cash flow, this apartment provides a new buyer with a successfully investment. This apartment conveniently located near rest rant and bank, bus stop, metro station on Hancock Park Area. DO NOT DISTURBED TENANTS. Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers. No Vacancy

Listed by Jae Sung Choi | BRE #01273921 | Ivy Realty Co.
Last checked: 10 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 81
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Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24352037
City
Los Angeles
County
Los Angeles
Time on Site
98 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $8,178
  • Total Rent: $8,178
  • Pro Forma/Market Rent: $10,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $5,367
  • Total Rent: $5,367
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.7
  • Gross Scheduled Income: --
  • Net Operating Income: $106,438
  • Gross Operating Income: $164,952
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 838 S Gramercy Pl #7

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Property Details for 838 S Gramercy Pl #7

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 8
  • Parcel Number: 5092025017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: SOUTH OF WILSHIRE BL AND WEST OF WESTERN AVE
View more facts & features

Local Los Angeles Agent

Sale History for 838 S Gramercy Pl #7

Last sold for $1,620,000 on September 23rd, 2014

  • January, 2024

  • Jan 26, 2024

    Date

    Canceled

    CRMLS: 23245955

    $2,850,000

    Price

  • Feb 28, 2023

    Date

    Active

    CRMLS: 23245955

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 24, 2024

    Date

    Active

    CRMLS: 24352037

    $2,590,000

    Price

  • March, 2023

  • Mar 1, 2023

    Date

    Expired

    CRMLS: 22171811

    $2,850,000

    Price

  • Jun 22, 2022

    Date

    Active

    CRMLS: 22171811

    $2,790,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 20540058

    $2,449,000

    Price

  • Feb 20, 2020

    Date

    Withdrawn

    CRMLS: 20540058

    $2,449,000

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: 20540058

    $2,449,000

    Price

  • Feb 10, 2020

    Date

    Hold

    CRMLS: 20540058

    $2,449,000

    Price

  • Feb 8, 2020

    Date

    Active

    CRMLS: 20540058

    $2,449,000

    Price

  • Jan 29, 2020

    Date

    Hold

    CRMLS: 20540058

    $2,449,000

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: 20540058

    $2,449,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2020

  • Jan 2, 2020

    Date

    Expired

    CRMLS: 19494126

    $2,449,000

    Price

  • Jul 30, 2019

    Date

    Active

    CRMLS: 19494126

    $2,449,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: 19450128

    $2,390,000

    Price

  • Apr 4, 2019

    Date

    Active

    CRMLS: 19450128

    $2,390,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2019

  • Apr 1, 2019

    Date

    Expired

    CRMLS: 18387252

    $2,390,000

    Price

  • Sep 17, 2018

    Date

    Active

    CRMLS: 18387252

    $2,390,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2014

  • Sep 23, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,620,000

    Price

  • March, 2013

  • Mar 29, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

Show More

Tax History for 838 S Gramercy Pl #7

Assessed Value (2020): $1,780,478
Year Land Value Improved Value Assessed Value
2020 $1,098,938 $681,540 $1,780,478

Home Value Compared to the Market

This property vs the competition

838 S Gramercy Pl #7 is listed 111.43% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $409.55 per/sqft which puts the price per square foot 47.09% lower than the median price per square foot for the city of Los Angeles.

About 838 S Gramercy Pl #7

Detailed summary of property

838 S Gramercy Pl #7 is a multi family located in Los Angeles, CA 90005 and is currently for sale. This multi family property offers 11 bedrooms, 8 bathrooms, roughly 6,324 living square feet, and sits on an approximately 7,502 square foot lot. 838 S Gramercy Pl #7 was first listed on ArdentRealEstateGroup.com on January 26, 2024. The homeowner is currently asking $2,590,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 111.43% higher than the median priced home. Local competing homes currently for sale include 326 S Wilton Pl, 1139 S Kingsley Dr and 1145 S Kingsley Dr. While the average home in Los Angeles, CA is selling in 96 days, 838 S Gramercy Pl #7 has a days on market of 81 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 838 S Gramercy Pl #7 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 838 S Gramercy Pl #7

Public county record property details
Beds
11
Baths
8
Year built
1957
Sq. Ft.
6,324
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5092-025-017

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
$835,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
29
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), Other (0%)

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Homes for Sale Near 838 S Gramercy Pl #7

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Recently Sold Homes Near 838 S Gramercy Pl #7

826 S Gramercy Pl, Los Angeles, CA 90005
$2,375,000 Last Sold Price
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11 Baths
-- Sq.Ft.
826 S Gramercy Pl
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$2,540,000 Last Sold Price
10 Beds
10 Baths
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914 S Gramercy Dr, Los Angeles, CA 90019
$3,710,000 Last Sold Price
16 Beds
16 Baths
10304 Sq.Ft.
914 S Gramercy Dr
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932 S Gramercy Dr, Los Angeles, CA 90019
$1,728,000 Last Sold Price
21 Beds
24 Baths
2040 Sq.Ft.
932 S Gramercy Dr
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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.

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