430 S Gramercy Place, Los Angeles CA, 90020

Sold

430 S Gramercy Place

Los Angeles CA, 90020

$7,150,000

$348.83 per sqft

Sold

20,497 sqft

Condo

Built in 1964

Listed by Brett Bayless with Brett Bayless, Broker 949-887-2465

Gramercy Townhouse, a 30-unit apartment community located in prime Wilshire Center; North of Wilshire & West of Western. This property provides an opportunity to acquire a value-add asset in one of the most desirable neighborhoods in Los Angeles. Built in 1964, Gramercy Townhouse is a three-story, 30-unit apartment community located on South Gramercy Place in Los Angeles, CA. The property is comprised of one residential building totaling 20,547 square feet, situated on a 0.34-acre site. The apartment homes feature efficiencies, studios, one-bedroom and two-bedroom floor plans. Gramercy Townhouse boasts a spacious courtyard, swimming pool, patio tables with umbrellas, elevator, gated garage parking, and laundry room. Potential to add 2 ADU's, one studio that already has new plumbing, the other slightly heavier lift for ~725 square feet. Units not touched in terms of modernization.

OC23004064

MLSⓇ ID

January 9, 2023

Listed

March 23, 2024

Updated

Map

430 S Gramercy Place
Los Angeles CA, 90020

Interior Features

Total Stories: 3
Interior Features: Ceiling Fan(s), Wired for Data
Appliances: Electric Range, Disposal, Refrigerator, Tankless Water Heater, Water Heater
Laundry Description: Common Area
Floor Description: Carpet, Laminate, Vinyl
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.34 Acres
Lot Features: Back Yard, Garden, Landscaped
Roof: Membrane
Sewer: Public Sewer

Other Property Details

Area Name: C17 - Mid-Wilshire
Days on Market: 30
Garage: Yes
Garage Spaces: 28
Parking: Controlled Entrance, Driveway, Garage, Gated, On Site, Paved, Storage, Workshop in Garage
Parking Total: 28
View: No
County: Los Angeles
Water Source: Public
Pool: Yes
Pool Features: Fenced, In Ground, Private
Zoning: LAR4
Buyer Agency Compensation: 1%

Listing Contact: 949-887-2465

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:17 AM UTC