711 S Gramercy Place Active

Los Angeles,CA 90005

$ 1000000

5 Beds

4 Baths

2130 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,130 sqft

Price per Sqft $469

MLS Listing ID SR24243687

Style Detached

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1923

Lot Size 5,163 Sqft

Acres 0.1185

Property Description

A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations. While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you're staying close to home or exploring the city, this property combines development potential with an unbeatable central location.
A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations. While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you're staying close to home or exploring the city, this property combines development potential with an unbeatable central location.

Location

State CA

County Los Angeles

Area Los Angeles (90005)

Zoning LAR3

Interior

Cooling Other/Remarks

Laundry Inside

Exterior

Garage Spaces 1.0

Total Parking Spaces 1

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $32

Miscellaneous Value in Land

Acceptable Financing Conventional,Cash To New Loan

Listing Terms Conventional,Cash To New Loan

Special Listing Condition Standard

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