Tr?id=455543034486470&ev=pageview&noscript=1

743 S Gramercy Drive Los Angeles, CA 90005 — Hancock Park-Wilshire, Los Angeles County

  • 3 beds
  • 1 bath
  • 1,848 sqft
  • 6,251 sqft lot
  • $1,001 per sqft
  • 1922 build
  • on site

Price Change! This investment opportunity is located in the Koreatown submarket of Los Angeles. This 3 bedroom/1 bathroom single family residence with separate garage/shed is centrally located in the heart of booming Koreatown, near busy Western Avenue, public transportation stops, popular restaurants and shopping. This property is a great option for developers looking to build in booming Koreatown, Los Angeles. This property is entitled for a 22-unit, 7-story new construction complex with basement parking. This project is taking advantage of the Transit Oriented Communities (TOC) incentives to add more density to the complex. Currently vacant. Schedule a Private Showing

Listing courtesy of CARETS / ECC Real Estate

MLS# 18364520 — Report a problem

This home is listed in more than one place. See it here.

Property details for 743 S Gramercy Drive

Last refreshed 5 minutes ago

The Building

Architecture Style:
Other
Property Sub-Type:
Single Family
Building Size:
1,848 Sqft
Levels:
1
Units in Complex:
1
Common Walls:
Detached/No Common Walls

Interior

Rooms:
Other
Flooring Materials:
Wood
Fireplace:
No

Financial & Terms

Legal Disclosures:
Take Property As Is, CommissionToBuyerAgent
Special Conditions:
Standard Sale
Listing Agreement:
Exclusive Right To Sell/Lease
Price Per SqFt:
$1,001.08

Location

Full Street Address:
743 S GRAMERCY DR
Area:
Hancock Park-Wilshire (C18)
Cardinal Direction:
South
Street Name:
GRAMERCY
Street Number:
743
Street Description:
Drive
City Name:
Los Angeles (City)
State:
CA
County:
Los Angeles
Latitude:
34.05836
Longitude
-118.31249

The Property

Lot Description:
Walk Street
Lot Size:
6,251 Sqft
Lot Size Source:
Estimated
Zoning
LAR4
Type:
Residential
View:
Yes

Listing Agent

Sign up to see info
Agent phone:
(818) 245-2700
Office phone:
(213) 536-4305

Taxes

Parcel Number:
5092028020

Beds

Total:
3

Baths

Total:
1
Full:
1

The Listing

Original List Price:
$1,980,000
Status:
Active
Listing Office Name
ECC Real Estate

Heating & Cooling

Heating:
None
Cooling:
None

Appliances

Included Equipment:
None
Laundry:
None

The Community

HOA:
No
Spa:
No
Pool:
No

Parking

Type:
Garage Parking
1
Spaces:

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Monthly cost estimate

743 S Gramercy Drive Asking price
$1,850,000
Mortgage
Principal & interest
Assumes 20% down, 30 yr.
fixed, good credit

$7,151

Taxes N/A
Insurance $508
Utilities $167 See report
Total $7,826/mo.
This is an estimate

You could potentially make $3,488/mo. by renting this entire home on Airbnb.

Provided by Everbooked Access full report

What it's like to live at 743 S Gramercy Drive

Your commute

WalkScore®

Provided by WalkScore® Inc.

90

Walker's Paradise

Soundscore™

Provided by HowLoud

68

Moderate

Loud Moderate Quiet

Internet Speed

Provided by BroadbandNow®

300 Mbps

About internet speed

Charter Spectrum

View a full report

Sale history for 743 S Gramercy Drive

DateEventPrice% ChangeSource
Oct 30, 2018Sold Subject To Contingencies$1,850,000CARETS
Sep 14, 2018Price Changed$1,850,0002.8%CARETS
Sep 11, 2018Price Changed$1,800,000-9.1%CARETS

31% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $105k above asking price on average, but some went as high as $480k over asking price.

Schools near 743 S Gramercy Drive

4

Wilton Place Elementary School

Public K-5

4

Los Angeles High School

Public 9-12

7

John Burroughs Middle School

Public 6-8

4

Wilton Place Elementary School

Public K-5

N/A

St Andrews Preschool And Kindergarten

Private K-K

5

Wilshire Park Elementary School

Public K-5

N/A

St James School

Private K-6

5

Camino Nuevo Academy 2

Public K-8

4

Hobart Boulevard Elementary School

Public K-5

N/A

Lily Preschool

Private K-K

5

Los Angeles Elementary School

Public K-5

7

John Burroughs Middle School

Public 6-8

N/A

St James School

Private K-6

5

Camino Nuevo Academy 2

Public K-8

4

Los Angeles High School

Public 9-12

N/A

St Andrews Preschool And Kindergarten

Private K-K

N/A

St James School

Private K-6

N/A

Lily Preschool

Private K-K

* GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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The details on 743 S Gramercy Drive: This house located in Wilshire Center - Koreatown, Los Angeles, CA 90005 is currently for sale for $1,850,000. 743 S Gramercy Drive is a 1,848 square foot house with 3 beds and 1 bath that has been on Estately for 126 days. 743 S Gramercy Drive is in the Wilshire Center - Koreatown neighborhood of Los Angeles and has a WalkScore® of 90, making it walker's paradise. This house is in the attendance area of Wilton Place Elementary School, Los Angeles High School, and John Burroughs Middle School.

Listing courtesy of CARETS, ECC Real Estate, and Sandra Park.

The information being provided by CARETS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the CARETS MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

The data contained herein is copyrighted by CARETS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

If a listing displays "Short Sale/Subject to Lender Approval", then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lien holders(s) plus the costs of sale could be subject to lien holder approval, which approval may be exercised at the sole and exclusive discretion of the lien holder(s).

Kevin Boer - CA BRE# 01842161

Copyright © 2018 Estately, Inc. Data displayed here has not been verified by Estately.