6 months on rocket

1554 S Gramercy Pl, Los Angeles, CA, 90019

$4,299,000

20 Baths
13,792 SqFt
$312/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCarport
Year Built1963
HeatingWall Furnace
CoolingNone
MLS #23324341
Lot Size0.29 Acres
StatusActive

About 1554 S Gramercy Pl

JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 3
  • Living Area: 13,792 SqFt

Listing Office:

  • Office Name: CBRE, Inc.
  • Office Phone: (310) 363-4900
  • Listing Agent: Brice Head

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Los Angeles Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Pio Pico Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Carson-Gore Academy of Enviornmental Studies, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: 10 Freeway to Western, left on Venice Blvd to Gramercy Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,299,000
  • Price Per SqFt: $312/SqFt

Tax Information:

  • Annual Amount: $49,520
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1554 S Gramercy Pl vs Los Angeles

193 DAYS ON ROCKET

+159 Days

$4,299,000

+$3.3M More

$312/SqFt

-$320 Less

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $320/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23324341

Listing Office:

  • Office Name: CBRE, Inc.
  • Office Phone: (310) 363-4900
  • Listing Agent: Brice Head

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 2:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 16, 2020Home Sold
$4,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$49,520$4,043,000
2020$5,854$4,100,000
2019$5,644$327,188
2018$5,515$320,774
2017$5,515$314,485

History based on county public records data.

Payment Calculator

$21.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5711565
5
/10
  • Carson-Gore Academy of Enviornmental Studies

  • 3200 W Washington Blvd

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-5711566
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.36 miles

  • Public Magnet Grades KG-6

school-card-donut-5711567
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.40 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5711568
5
/10
  • Pio Pico Middle School

  • 1512 Arlington Ave

  • 0.27 miles

  • Public District Grades 6-8

school-card-donut-5711569
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.06 miles

  • Public District Grades 6-8

High School

school-card-donut-5711570
2
/10
  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 1.41 miles

  • Public Magnet Grades 9-12

school-card-donut-5711571
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.79 miles

  • Public Magnet Grades 9-12

school-card-donut-5711572
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.86 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,184. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1554 S Gramercy Pl

What is the listing price of this property?

The listing price of 1554 S Gramercy Pl property is $4,299,000.

What type of property is this?

The property 1554 S Gramercy Pl is a house located in Los Angeles, California, 90019.

Is this property for sale now?

Active Listing: 1554 S Gramercy Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1554 S Gramercy Pl are:
Carson-Gore Academy of Enviornmental Studies: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Pio Pico Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Los Angeles Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $49,520 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 16, 2020 for $4,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1554 S Gramercy Pl has 20 bathrooms..

What is the square footage of this property?

The property 1554 S Gramercy Pl is 13,792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1554 S Gramercy Pl is 1963.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900191554 S Gramercy Pl

This home is located at 1554 S Gramercy Pl in Los Angeles, CA and zip code 90019 in the Central LA neighborhood. This 13,792 square foot home, which was built in 1963, sits on a 0.29 acre lot. Features: 20 bathrooms. It has been listed on Rocket Homes since October 23, 2023 and is currently priced at $4,299,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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