2 months on rocket

4700 S Gramercy Pl, Los Angeles, CA, 90062

$667,000

Home List Price

$7,921*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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4700 S Gramercy Pl, Los Angeles$667,000

Buyer Closing Credits

$7,921*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1907
ViewNone
MLS #PW24036771
Lot Size0.15 Acres
StatusActive

About 4700 S Gramercy Pl

Investor s Dream This duplex, boasting 2 units, each featuring 2 bedrooms and 1 bathroom, offers a total of 1948 sq ft of prime real estate. Built in 1907, this property stands proudly on a corner lot with a generous 6500 sq ft of space. Zoned LA R2-1 Tier 2 TOC, this duplex provides a fantastic investment opportunity, allowing for potential growth and development. With a combination of historic charm and strategic location, this property is a promising venture for those looking to expand their real estate portfolio or generate steady rental income. This is an exclusive listing period for purchase by owner-occupant buyers, select nonprofits, governmental entities, and other approved entities. All offers from these purchases should be submitted as pre-auction offers. If a pre-auction offer was not accepted by the seller during the First Look period, the auction will begin for all bidders on 03/22/2024.

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Stories: 2

Listing Office:

  • Office Name: Edgestone Real Estate, Inc.
  • Office Phone: (818) 464-5113
  • Listing Agent: Sebastian Stofenmacher

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

School Info

Assigned Schools Information:

  • Crenshaw Sci, Tech, Engr, Math and Med Magnet, 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
  • Barack Obama Global Preparation Academy, Public District Grades 6-8
  • View Park Preparatory Accelerated Charter Middle School, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Western Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Western and 48th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $667,000

Tax Information:

  • Annual Amount: $8,140
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

4700 S Gramercy Pl vs Los Angeles

71 DAYS ON ROCKET

+37 Days

$667,000

-$319.4K Less

KEY TAKEAWAY

This property is $319.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24036771

Listing Office:

  • Office Name: Edgestone Real Estate, Inc.
  • Office Phone: (818) 464-5113
  • Listing Agent: Sebastian Stofenmacher

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, 12:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 2006Home Sold
$533,000
May 18, 2001Home Sold
$175,000
Oct 20, 2000Home Sold
$126,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,140$659,712
2020$7,902$652,948
2019$7,780$640,146
2018$6,120$627,595
2017$6,120$490,000

History based on county public records data.

Payment Calculator

$3,396

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,066

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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-5907169
2
/10

  • Western Avenue Elementary School

  • 1724 W 53rd St

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-5907170
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.05 miles

  • Public Magnet Grades KG-6

school-card-donut-5907171
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.85 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5907172
2
/10

  • Barack Obama Global Preparation Academy

  • 1700 W 46th St

  • 0.24 miles

  • Public District Grades 6-8

school-card-donut-5907173
3
/10

  • View Park Preparatory Accelerated Charter Middle School

  • 5010 11th Ave

  • 0.90 miles

  • Public Charter Grades 6-8

school-card-donut-5907174
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.41 miles

  • Public District Grades 6-8

High School

school-card-donut-5907175
2
/10

  • Crenshaw Sci, Tech, Engr, Math and Med Magnet

  • 5010 11th Ave

  • 0.90 miles

  • Public Magnet Grades 9-12

school-card-donut-5907176
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.34 miles

  • Public Magnet Grades 9-12

school-card-donut-5907177
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.01 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,762. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90062›4700 S Gramercy Pl

This home is located at 4700 S Gramercy Pl in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 1907, sits on a 0.15 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $667,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

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

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