453 S Gramercy Place, Los Angeles, CA 90020
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
453 S Gramercy Place,Los Angeles, CA 90020
$3,950,000
- 8 Beds
- 14 Baths
- 8,594 sq. ft.
- Multi-family
- Active
Listed by: thomas yong kim
Office: apple tree realty
MLS#:26640199
Source:CRMLS
Price summary
- Price:$3,950,000
- Price per sq. ft.:$459.62
About this home
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, walkable area with an excellent walk 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 walking 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.
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Home facts
- Year built:1966
- Listing ID #:26640199
- Added:3 day(s) ago
- Updated:January 23, 2026 at 11:37 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:14
- Living area:8,594 sq. ft.
Structure and exterior
- Roof:Bitumen
- Year built:1966
- Building area:8,594 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$3,950,000
- Price per sq. ft.:$459.62
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