711 S Gramercy Place
Los Angeles, CA, 90005
$1,000,000
5 Beds
4 Baths
2,130 SqFt
0.12 Acres
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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.

Property Details

Price:
$1,000,000
MLS #:
SR24243687
Status:
Active
Beds:
5
Baths:
4
Address:
711 S Gramercy Place
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Dec 4, 2024
State:
CA
Finished Sq Ft:
2,130
ZIP:
90005
Lot Size:
5,163 sqft / 0.12 acres (approx)
Year Built:
1923
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Interior

Cooling
See Remarks
Fireplace Features
None

Exterior

Community Features
Sidewalks
Garage Spaces
1.00
Lot Features
Value In Land
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00

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711 S Gramercy Place
Los Angeles, CA