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430 Gramercy Place

Los Angeles, CA 90020

$7,150,000 Sale Price
Est. Payment: $ 0/mo
3
Bed
0
Bath
20,497 Sq. Ft.
$415 / Sq. Ft.
Sold

430 Gramercy Place

Los Angeles, CA 90020

Sold
$7,150,000 Sale Price
$0/mo
3
Bed
0
Bath
20,497
Sq. Ft.
1 /
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
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $9,067
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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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.
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