711 S Gramercy Place Los Angeles, CA 90005
5 Beds
4 Baths
2,130 SqFt
UPDATED:
12/05/2024 03:27 PM
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.
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