933 S Gramercy Place, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
933 S Gramercy Place,Los Angeles, CA 90019
$1,199,000
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: matthew paul
Office: rodeo realty
MLS#:CL25589527
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,199,000

About this home

933 South Gramercy Place offers a prime ground-up multifamily development opportunity in Los Angeles' thriving Mid-City/Koreatown corridor. This vacant parcel is zoned LAR3 on a 7,506 square foot lot and benefits from TOC Tier 3 incentives, allowing for a density bonus above the base zoning while reducing parking and setback requirements. Previously approved plans for CONSTRUCTION OF NEW 17-UNIT, 6-STORY 67-FEET IN HEIGHT, 16,373 SF APARTMENT BUILDING. The proposed program capitalizes on transit-oriented incentives, minimizing hard costs tied to subterranean parking and aligning with the city's sustainable urban growth objectives. 933 South Gramercy Place is a strategically positioned, clean land play with a clear entitlement path, strong rental demand drivers, and conceptual plans available for investor review. This is a compelling opportunity for developers and investors seeking to place capital in one of Los Angeles' strongest rental growth markets, with the framework in place to...

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Home facts

  • Listing ID #:CL25589527
  • Added:291 day(s) ago
  • Updated:June 29, 2026 at 02:31 PM

Structure and exterior

  • Lot area:0.17 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$1,199,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 29, 2026

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