705 S Gramercy Place, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
705 S Gramercy Place,Los Angeles, CA 90005
$1,650,000
  • 6 Beds
  • 5 Baths
  • 3,640 sq. ft.
  • Multi-family
  • Active
Listed by: jamie lee, robert lee
Office: i & j properties, inc.310-570-2588
MLS#:26672721
Source:CRMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$453.3

About this home

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...

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Home facts

  • Year built:1922
  • Listing ID #:26672721
  • Added:22 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Flooring:Laminate
  • Kitchen Description:Disposal, Gas Cooktop, Gas Oven
  • Living area:3,640 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1922
  • Building area:3,640 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Contemporary
  • Levels:2 Story

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$453.3

Features and amenities

  • Appliances:Disposal
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:6
  • Parking description:Shared Driveway
  • Garage:Yes
  • Garage spaces:2
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