453 S Gramercy PL
Los Angeles, CA, 90020
$3,950,000
8 Beds
14 Baths
8,594 SqFt
0.18 Acres
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MLS #26640199 image #0
LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, proximate area with an excellent resident’s score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms uncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within a proximate distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an exceptional addition to any portfolio. The property includes two parcels: APN# 5504-025-021 & 5504-025-024.

Property Details

Price:
$3,950,000
MLS #:
26640199
Status:
Active
Beds:
8
Baths:
14
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Jan 24, 2026
Finished Sq Ft:
8,594
Total Sq Ft:
8,594
Lot Size:
8,008 sqft / 0.18 acres (approx)
Year Built:
1966
C18 – Hancock Park-wilshireC18hancockparkwilshire

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Schools

Interior

Appliances
RF, OV
Laundry Features
CM

Exterior

Construction Materials
STC
Parking Spots
13
Roof
BIT

Financial

Gross Operating Income
$283,420
Net Operating Income
$198,070

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Feb 02, 2026
6,875
Single Family Listed
67
Avg DOM
507
Avg $ / SqFt
$1,487,020
Avg List Price

Property Summary

    453 S Gramercy PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90020. It is listed for $3,950,000 and features 8 beds, 14 baths, and has approximately 8,594 square feet of living space, and was originally constructed in 1966. The current price per square foot is $460. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,487,020.

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453 S Gramercy PL
Los Angeles, CA