430 Gramercy Place
Los Angeles, CA 90020
Sold
430 Gramercy Place
Los Angeles, CA 90020
Sold
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.
PROPERTY INFORMATION
MLS # | OC23004064 | Lot Size | 15,018 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Apartment |
Price | $ 8,500,000
Price Per SqFt: $ 415 |
DOM | 846 Days |
Address | 430 Gramercy Place | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 20,497 Sq. Ft. |
Postal Code | 90020 | Garage | 28 |
County | Los Angeles | Year Built | 1964 |
Bed / Bath | 3 / 0 | Parking | 28 |
Built In | 1964 | Status | Closed |
Sold Date | 2023-02-27 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Common Area |
Has Appliances | Yes |
Kitchen Appliances | Electric Range, Disposal, Refrigerator, Tankless Water Heater, Water Heater Central |
Flooring Information | Carpet, Laminate, Vinyl |
InteriorFeatures Information | Ceiling Fan(s), Wired for Data |
DoorFeatures | Double Door Entry |
WindowFeatures | Garden Window(s), Screens |
EXTERIOR FEATURES
Roof | Membrane |
Has Pool | Yes |
Pool | Private, Fenced, In Ground |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $9,067
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
02/27/2023 | Sold | $7,150,000 |
02/09/2023 | Active Under Contract | $8,500,000 |
01/10/2023 | Listed | $8,500,000 |

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Listing provided courtesy of Brett Bayless, Brett Bayless, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.