932 South Gramercy Drive

Los Angeles, CA 90019

$1,728,000
Last Sold Price
2
Beds
2
Baths
2,040 Sq. Ft.
$847 / Sq. Ft.
2,040
Sq. Ft.
$847
per Sq. Ft.

Description

Location! Location! Location! Prime Development Opportunity to build a 4-story building with 17 units: (7) 2 bedrooms, (7) 1 bedrooms, & (3) studios Total gross building area of approximately 12,748 sf 4 Stories residential over 1 story concrete Type I subterranean parking 14 parking spaces Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length, R3 zoning with density bonus Seller to deliver with RTI ready.Location! Location! Location! Prime Development Opportunity to build a 4-story building with 17 units: (7) 2 bedrooms, (7) 1 bedrooms, & (3) studios Total gross building area of approximately 12,748 sf 4 Stories residential over 1 story concrete Type I subterranean parking 14 parking spaces Large 7500 sqft lot size with 60 ft of frontage and 125 ft of length, R3 zoning with density bonus Seller to deliver with RTI ready.
  1. Listed by Max Lee • DRE #01905008 • Brokerage DRE #01022642 • eXp Realty of California Inc
  2. Listed by Bruce Lee • DRE #02032112 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 932 South Gramercy Drive

Zoning
LAR3
Cross Streets
9th Street and San Marino Street
Parcel Number
5092023011
Total Units
17.0
Living Area
2040
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire
Vacancy Rate
100

Location

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008; eXp Realty of California Inc, Bruce Lee, DRE #02032112

Sold By Coldwell Banker George Realty, Amy Wang, DRE #01349731

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LISTING UPDATED: 08/30/2022 12:16 PM

Property Details for 932 South Gramercy Drive

StatusSold
MLS #22-159587
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.17 AC / 7,499 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008; eXp Realty of California Inc, Bruce Lee, DRE #02032112

Sold By Coldwell Banker George Realty, Amy Wang, DRE #01349731

Add your commute

Building Information for 932 South Gramercy Drive

Stories1Residences-Year Built1912Building Size-Lot Size0.17 AC / 7,499 SF

Payment Calculator

$11,194 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,430

Property Taxes

$1,764

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 932 South Gramercy Drive

Community / Development
Community / Development
  • Number Of Units: 17
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: single, 1~2
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $357,453.00
  • Gross Income: $510,648
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 153194
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7499
Parking Details
Parking Details
  • Parking Garage: Subterranean
  • Total Parking: 14
  • Covered Parking: 14
  • Parking Features: Subterranean
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-20-2022
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $72,000.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,542.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $213,528.00
  • Like Units: 7
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,679.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $225,048.00
  • Like Units: 7
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Percent: 7.09
  • Assessed Land Value: $1,323,571.00
  • Assessed Land Percent: 92.91
  • Assessed Total Value: $1,424,607.00

Property History for 932 South Gramercy Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 932 South Gramercy Drive

Taxable ValueLand$1,700,000Additions$28,000Total$1,728,000
Tax Record2023$21,171 ($1,764 / month)
Home Facts
Beds2Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtLot Size7,499 SqFtStyleSingle Family ResidenceYear Built1912ZoningLAR3CountyLOS ANGELESAPN5092-023-011

Schools near 932 South Gramercy Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Wilton Place Elementary School
PublicK to 5

Magnolia Science Academy 6 School
Charter6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008; eXp Realty of California Inc, Bruce Lee, DRE #02032112

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.