$10,000 Closing Credit¹
#24379641, Hye Ok Lee, Listing Office: New Star Realty
#SR24243687·
Listing Office: Lux Realty·
Listing Agent: Lyonel Katz·
Listing Office Phone: 818-632-5195
$10,000
closing credit¹
711 S Gramercy Pl Los Angeles, CA 90005
$1,000,000 List price
$10,000
Closing credit¹
5 beds
4 full
2,130 sqft
0.1 acres
$469 / sqft
House
Property details
About 711 S Gramercy Pl
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.
Highlights
Home typeSingle Family Residence
StatusActive
CoolingOther
Size2,130 sqft
Lot size0.1185 Acres
Year built1923
MLS #SR24243687
Garage1 space
Summary
- MLS Number: SR24243687
- MLS Name: CRMLS
- Office Name: Lux Realty
- Office Phone: (818) 632-5195
- Listing Agent: Lyonel Katz
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: 2/1/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
711 S Gramercy Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 30, 2000 | Home Sold | $345,000 |
| Dec 09, 1993 | Home Sold | $202,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $519,839 | $6,534 |
| 2023 | $509,647 | $6,414 |
| 2022 | $499,655 | $6,126 |
| 2021 | $489,859 | $6,039 |
| 2020 | $484,837 | $5,862 |
| 2019 | $475,331 | $5,733 |
| 2018 | $466,012 | $5,610 |
| 2017 | $456,876 | $5,610 |
History based on county public records data.
Nearby schools
5
Wilton Place Elementary
Public District KG-5
0.1 mi
•745 S Wilton Pl
8
Wilshire Park Elementary
Public District KG-5
0.2 mi
•4063 Ingraham St
4
Hobart Boulevard Elementary School
Public District KG-5
0.6 mi
•980 S Hobart Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,449. Most Los Angeles, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
35%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
9%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 711 S Gramercy Pl
This home is located at 711 S Gramercy Pl in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. This 2,130 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $1,000,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.