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932 S Gramercy Dr, Los Angeles, CA 90019
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932 S Gramercy Dr Los Angeles, CA 90019

$1,728,000 Sold Price as of 08/30/2022
  • 21 Beds
  • 24 Baths
  • 2,040 Sq.Ft.
Sold
$1,728,000 Sold Price as of 08/30/2022 Refinance Your Mortgage
Map preview of 932 S Gramercy Dr, Los Angeles, CA 90019

Property Overview: 932 S Gramercy Dr Los Angeles, CA has 21 bedrooms, 24 bathrooms, 2,040 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATION!! LOCATION!! LOCATION!! Prime Development Opportunity to build a 4-story building with 17 units: (7) 2 bedrooms, (7) 1 bedrooms, & (3) studios *Total gross building area of approximately 12,748 sf * 4 Stories residential over 1 story concrete * Type I subterranean parking * 14 parking spaces * Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length, R3 zoning with density bonus * Seller to deliver with RTI ready.

Listed by Max Lee | BRE #01905008 | eXp Realty of California Inc
Co-listed by Bruce Lee | BRE #02032112 | eXp Realty of California Inc
Last checked: 5 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
7,499
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22159587
City
Los Angeles
County
Los Angeles
Time on Site
714 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,542
  • Total Rent: $0
  • Pro Forma/Market Rent: $213,528
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,679
  • Total Rent: $0
  • Pro Forma/Market Rent: $225,048
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $72,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $357,453
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 932 S Gramercy Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Subterranean
Property Information
  • Total # of Units: 17
  • Parcel Number: 5092023011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Olympic Blvd, West of Western Blvd, East of Wilton, South of Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 932 S Gramercy Dr

Last sold for $1,728,000 on August 30th, 2022

  • August, 2022

  • Aug 30, 2022

    Date

    Sold

    CRMLS: 22159587

    $1,728,000

    Price

  • May 20, 2022

    Date

    Active

    CRMLS: 22159587

    $1,800,000

    Price

  • May, 2022

  • May 17, 2022

    Date

    Canceled

    CRMLS: 22145203

    $1,850,000

    Price

  • Apr 11, 2022

    Date

    Active

    CRMLS: 22145203

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Development Opportunity to build a 4-story building with 17 units: (7) 2 bedrooms, (7) 1 bedrooms, & (3) studios *Total gross building area of approximately 12,748 sf * 4 Stories residential over 1 story concrete * Type I subterranean parking * 14 parking spaces * Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length, R3 zoning with density bonus * Seller to deliver RTI.

  • April, 2022

  • Apr 11, 2022

    Date

    Canceled

    CRMLS: 22134653

    $1,850,000

    Price

  • Mar 8, 2022

    Date

    Active

    CRMLS: 22134653

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Development Opportunity to build a 4-story building with 17 units: (7) 2 bedrooms, (7) 1 bedrooms, & (3) studios *Total gross building area of approximately 12,748 sf * 4 Stories residential over 1 story concrete * Type I subterranean parking * 14 parking spaces * Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length, R3 zoning with density bonus * Seller to deliver RTI.

  • March, 2022

  • Mar 10, 2022

    Date

    Canceled

    CRMLS: 22134671

    $1,700,000

    Price

  • Mar 8, 2022

    Date

    Active

    CRMLS: 22134671

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Investors Prime Development Opportunity to build a 4-story building with 17 units: (7) 2 bedrooms, (7) 1 bedrooms, & (3) studios *Total gross building area of approximately 16,500 sf * 4 Stories residential over 1 story concrete * Type I subterranean parking * 14 parking spaces * Large 7500 sqft lot size with 60 ft of frontage and125 ft of length, R3 zoning with density bonus * Seller to deliver RTI.

  • December, 2019

  • Dec 31, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 10, 2019

    Date

    Sold

    CRMLS: 19494140

    $1,410,000

    Price

  • Sep 7, 2019

    Date

    Active Under Contract

    CRMLS: 19494140

    $1,450,000

    Price

  • Aug 2, 2019

    Date

    Active

    CRMLS: 19494140

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Development Opportunity to build a 4-story building with 17 units: (4) 2 bedrooms, (10) 1 bedrooms, & (3) studios *Total gross building area of approximately 16,500 sf * 4 Stories residential over 1 story concrete * Type I subterranean parking * 23 parking spaces * Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length , R3 zoning with density bonus * Seller has paid for Architectural plans, Survey and Geological report.

  • October, 2019

  • Oct 10, 2019

    Date

    Sold

    CRMLS: 19499030

    $1,410,000

    Price

  • Sep 7, 2019

    Date

    Active Under Contract

    CRMLS: 19499030

    $1,450,000

    Price

  • Aug 12, 2019

    Date

    Active

    CRMLS: 19499030

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Development Opportunity to build a 4-story building with 17 units: (4) 2 bedrooms, (10) 1 bedrooms, & (3) studios * Total gross building area of approximately 16,500 sf * 4 Stories residential over 1 story concrete * Type I subterranean parking * 23 parking spaces * Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length , R3 zoning with density bonus * Seller has paid for Architectural plans, Survey and Geological report.

  • October, 2019

  • Oct 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,410,000

    Price

  • March, 2018

  • Mar 1, 2018

    Date

    Sold

    CRMLS: 17291090

    $1,300,000

    Price

  • Feb 6, 2018

    Date

    Active Under Contract

    CRMLS: 17291090

    $1,380,000

    Price

  • Jan 17, 2018

    Date

    Price Change

    CRMLS: 17291090

    $1,380,000

    Price

  • Nov 20, 2017

    Date

    Active

    CRMLS: 17291090

    $1,430,000

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! Location! Developers' huge opportunity! R3 zoning with wide 60 feet of total 7500 sq ft lot with TIER 3 Qualification under TOC program (according to ZIMAS reference MAP for TOC program). ONE SINGLE family dwelling unit on the lot. Currently it is rented at $3650/mo. The property may be delivered vacant per the buyer's request at the end of escrow. Buyers and buyers' agents are responsible to verify with the city.

  • March, 2018

  • Mar 1, 2018

    Date

    Sold

    CRMLS: 17291108

    $1,300,000

    Price

  • Feb 6, 2018

    Date

    Active Under Contract

    CRMLS: 17291108

    $1,380,000

    Price

  • Jan 17, 2018

    Date

    Price Change

    CRMLS: 17291108

    $1,380,000

    Price

  • Nov 20, 2017

    Date

    Active

    CRMLS: 17291108

    $1,430,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: 17271014

    $1,490,000

    Price

  • Nov 8, 2017

    Date

    Withdrawn

    CRMLS: 17271014

    $1,490,000

    Price

  • Oct 5, 2017

    Date

    Price Change

    CRMLS: 17271014

    $1,490,000

    Price

  • Sep 16, 2017

    Date

    Active

    CRMLS: 17271014

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    Developers' opportunity ! R3 zoning with wide 60 feet of total 7500 sq ft lot. One single family dwelling unit on the lot. Currently it is rented at $3650/mo. The property may be delivered vacant per the buyer's request at the end of escrow. 9 unit condo/apt can be built by right or 14 unit condo/apt can be built with the density bonus. Buyers and buyers' agents are responsible to verify with the city.

Show More

Tax History for 932 S Gramercy Dr

Assessed Value (2020): $1,410,000
Year Land Value Improved Value Assessed Value
2020 $1,300,000 $110,000 $1,410,000

Home Value Compared to the Market

This property vs the competition

932 S Gramercy Dr sold on August 30, 2022 for 51.26% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $882.35 per/sqft which puts the price per square foot 16.87% higher than the current median sale per square foot for the city of Los Angeles.

About 932 S Gramercy Dr

Detailed summary of property

932 S Gramercy Dr is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 21 bedrooms, 24 bathrooms, roughly 2,040 living square feet, and sits on an approximately 7,499 square foot lot. 932 S Gramercy Dr was first listed on ArdentRealEstateGroup.com on May 21, 2022. The homeowner sold the property for $1,728,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 51.26% higher than the current median priced home. Local homes that are currently for sale include 926 S Mariposa Ave, 1138 S Mariposa Ave and 1126 S Mariposa Ave. While the average home in Los Angeles, CA is selling in 96 days, 932 S Gramercy Dr has a days on market of 28 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 932 S Gramercy Dr Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 932 S Gramercy Dr

Public county record property details
Beds
2
Baths
2
Year built
1912
Sq. Ft.
2,040
Lot Size
7,499
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5092-023-011

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,675,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Recently Sold Homes Near 932 S Gramercy Dr

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971 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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