705 S Gramercy Place, Los Angeles, CA 90005
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
705 S Gramercy Place,Los Angeles, CA 90005
$1,490,000
- 6 Beds
- - Baths
- 3,640 sq. ft.
- Multi-family
- Active
Listed by: jamie lee, robert lee
Office: i & j properties, inc.
MLS#:CL26672721
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,490,000
- Price per sq. ft.:$409.34
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 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!...
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Home facts
- Year built:1922
- Listing ID #:CL26672721
- Added:74 day(s) ago
- Updated:June 16, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:6
- Flooring:Laminate
- 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
Finances and disclosures
- Price:$1,490,000
- Price per sq. ft.:$409.34
Features and amenities
- Laundry features:In Kitchen
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