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$1,000,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2,130 Sq. Ft.
  • 1 Car Garage
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A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations. While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you're staying close to home or exploring the city, this property combines development potential with an unbeatable central location.

Full Property Details for 711 S Gramercy Pl

General

  • Price: $1,000,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SR24243687
  • Updated: 12/5/2024
  • Days on Market: 17 days
  • Added to Site: 17 day(s) ago

Interior

  • Rooms/Areas: See Remarks
  • Fireplace(s): None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: Los Angeles
  • Driving Directions: Gramercy place/ 7th street

School Information

  • School District: Los Angeles Unified

Community

  • Community Features: Sidewalks

Heating & Cooling

  • Cooling Type: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Entry Location: 1st Floor
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,130
  • Sq. Ft. Source: Assessor
  • Year Built: 1923
  • Year Built Source: Assessor

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1185
  • Lot Size (Sq. Ft.): 5,163
  • Lot Size Source: Assessor
  • Zoning: LAR3
  • Lot Description: Value In Land

Financial Considerations

  • Price Per Sq. Ft.: $469.48

Disclosures and Reports

  • Special Conditions: Standard

Listed by Lux Realty, Lyonel Katz

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Listing agent

— 711 S Gramercy Pl —

  • Lyonel Katz

    Lux Realty

818-632-5195

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 711 S Gramercy Pl

School District:Los Angeles Unified School District
RatingNameGradesDistance
5
Wilton Place Elementary School
745 S Wilton Pl, Los Angeles, CA 90005
K-50.1 mi
6
John Burroughs Middle School
600 S McCadden Pl, Los Angeles, CA 90005
6-81.4 mi
3
Los Angeles Senior High
4650 W Olympic Blvd, Los Angeles, CA 90019
9-121.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 711 S Gramercy Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/04/2024
Listed
$1,000,000
189.86%
MLS
5/30/2000
Sold
$345,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 711 S Gramercy Pl

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,415
5%
$509,647
2%
2022
$6,127
1%
$499,655
2%
2021
$6,040
-1%
$489,859
1%
2020
$6,097
4%
$484,837
2%
2019
$5,862
2%
$475,331
2%
2018
$5,733
2%
$466,012
2%
2017
$5,611
3%
$456,876
2%
2016
$5,467
1%
$447,918
2%
2015
$5,387
—
$441,190
2%
2014
$5,410
—
$432,549
—
2013
$5,404
—
$430,595
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 711 S Gramercy Pl

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lux Realty, Lyonel Katz

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711 S Gramercy Place, Los Angeles, CA 90005 (MLS# SR24243687) is a Single Family property with 5 bedrooms and 4 full bathrooms. 711 S Gramercy Place is currently listed for $1,000,000 and was received on December 04, 2024. Want to learn more about 711 S Gramercy Place? Do you have questions about finding other Single Family real estate for sale in Koreatown? You can browse all Koreatown real estate or contact a Coldwell Banker agent to request more information.

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