Discover an exceptional investment opportunity in the vibrant heart of Koreatown, Hancock Park! This beautiful building features spacious units with their own laundry rooms, each averaging 1,396 SF, perfect for modern living. With ample parking available and R3 tier3 zoning, the potential here is limitless. The two bedroom units have a den that can be utilized as an extra office space or bedroom. Don’t miss your chance to capitalize on this prime location!
Property Details
Price:
$1,695,000
MLS #:
25576987
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
Listed Date:
Aug 11, 2025
Lot Size:
7,502 sqft / 0.17 acres (approx)
Year Built:
1924
See this Listing
Schools
Interior
Appliances
Dishwasher
Cooling
Wall/Window Unit(s)
Exterior
Parking Spots
7.00
Financial
Map
Community
- Address854 S Gramercy Place Los Angeles CA
- NeighborhoodC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90005
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price
Property Summary
- 854 S Gramercy Place Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90005. It is listed for $1,695,000
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Courtesy of The H Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.854 S Gramercy Place
Los Angeles, CA