705 S Gramercy PL, Los Angeles, CA 90005
705 S Gramercy PL, Los Angeles, CA 90005
705 S Gramercy PL, Los Angeles, CA 90005
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$1,650,000
Est. payment /mo
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6 Beds
5 Baths
3,640 SqFt
Active

705 S Gramercy PL Los Angeles, CA 90005

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Samantha Waring

Samantha Waring

+1(702) 639-7484

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,640 sqft

Price per Sqft $453

MLS Listing ID 26672721

Bedrooms 6

HOA Y/N No

Year Built 1922

Lot Size 5,161 Sqft

Property Description

Welcome to 705-707 S Gramercy Place, a premier duplex zoned LAR3 perfectly situated at the highly desirable crossroads of Koreatown, Mid-Wilshire, and Hancock Park. This rare property offers the space and feel of two single-family homes, making it an ideal choice for an owner-user looking to live in one unit while generating premium income from the other, or an investor seeking a high-quality asset in a robust market. All units are individually metered for water, gas, and electricity, providing ease of utility management. Property Highlights: *Massive Unit Sizes: Boasting approximately 3,640 total square feet, the property is split into an upstairs and a downstairs unit that span an incredibly generous ~1,820 square feet each. Both units offer expansive, open-concept living areas and large bedrooms, providing a scale of living rarely found in the city's multi-family properties. *Premium Secured Parking: A true rarity for the neighborhood, parking will never be an issue. The property features a secure, automatic remote-controlled driveway gate that opens to a sprawling rear lot. It includes a covered two-car garage along with ample open parking spaces, easily accommodating multiple vehicles for both units with ultimate privacy and peace of mind. *Unbeatable Location: Located in the vibrant heart of LA, residents are just moments away from world-class dining, trendy cafes, shopping, and entertainment. With incredible walkability and immediate access to major transit lines, the best of city living is right outside the front door. With sprawling floor plans, highly coveted gated parking, and a turnkey location, this duplex is a standout must-see. Don't miss your chance to own a significant piece of prime Los Angeles real estate!

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Central, Forced Air

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Disposal, Gas Oven

Laundry In Kitchen

Exterior

Parking Features Shared Driveway

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5092027024

Security Features Security Gate,Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jamie Lee I & J Properties, Inc. #01462186

NEARBY SCHOOL & BUSINESS

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705 S Gramercy PL