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$ 1,490,000
Est. payment /mo
Active
705 S Gramercy Place Los Angeles, CA 90005
6 Beds
3,640 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,640 sqft
Price per Sqft $409
MLS Listing ID CL26672721
Bedrooms 6
HOA Y/N No
Year Built 1922
Lot Size 5,164 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
Welcome to 705-707 S Gramercy Place, a premier duplex zoned LAR3 perfectly situated at the highly desirable crossroads of Koreatown, Mid-Wilshire, and Hancock Park. This rare property offers the space and feel of two single-family homes, making it an ideal choice for an owner-user looking to live in one unit while generating premium income from the other, or an investor seeking a high-quality asset in a robust market. All units are individually metered for water, gas, and electricity, providing ease of utility management. Property Highlights: *Massive Unit Sizes: Boasting approximately 3,640 total square feet, the property is split into an upstairs and a downstairs unit that span an incredibly generous ~1,820 square feet each. Both units offer expansive, open-concept living areas and large bedrooms, providing a scale of living rarely found in the city's multi-family properties. *Premium Secured Parking: A true rarity for the neighborhood, parking will never be an issue. The property features a secure, automatic remote-controlled driveway gate that opens to a sprawling rear lot. It includes a covered two-car garage along with ample open parking spaces, easily accommodating multiple vehicles for both units with ultimate privacy and peace of mind. *Unbeatable Location: Located in the vibrant heart of LA, residents are just moments away from world-class dining, trendy cafes, shopping, and entertainment. With incredible walkability and immediate access to major transit lines, the best of city living is right outside the front door. With sprawling floor plans, highly coveted gated parking, and a turnkey location, this duplex is a standout must-see. Don't miss your chance to own a significant piece of prime Los Angeles real estate!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Forced Air, Central
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry In Kitchen
Exterior
View Y/N false
View None
Total Parking Spaces 6
Building
Water Other
New Construction No
Others
Tax ID 5092027024
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jamie Lee • I & J Properties, Inc.
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