1554 S  Gramercy Pl, Los Angeles, CA 90019
FOR SALE0.29 ACRES

1554 S Gramercy Pl
Los Angeles, CA 90019

Arlington Heights
  • Studio
  • 20 Baths
  • 13,792 sqft (on 0.29 acres)
  • Studio
  • 20 Baths
  • 13,792 sqft (on 0.29 acres)

$4,299,000

Original price: $4,599,000
Est. Mortgage $27,483/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

JUST REDUCED $300,000. A tried-and-true Arlington Heights building on a large corner lot. Mid City buildings, like this, are highly walkable to dining, retail and dining along Venice Blvd. and Western Ave. Secured-access entry to open courtyard-style configuration - and lots of parking in the seismically-retrofitted carports, in addition to a detached parking structure also. Strong, corner lot location, as well. 4% rent increase opportunity in early 2024, too. Part of a 4-Building, 75 unit Portfolio Sale. Available together or separately. The other 3 addresses are as follows: 17 units at 1876 Buckingham Rd. 18 units at 1819 Gramercy Pl. 20 units at 2340-42 Crenshaw Bl.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$312
Listed
180+ days ago

Home Details for 1554 S Gramercy Pl

Interior Features

Beds & Baths
Number of Bathrooms: 20
Dimensions and Layout
Living Area: 13792 Square Feet
Appliances & Utilities
Appliances: Range/Oven
Heating & Cooling
Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or More

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Has a CarportNo GarageNo Attached GarageParking: Carport

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $4,299,000Price Per Sqft: $312

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 23-324341

Building

Building Area
Building Area: 13792 Square Feet

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23-324341
Last check for updates: about 16 hours ago
Listing courtesy of Brice Head DRE # 01330706, (310) 344-8218
CBRE, Inc., (310) 363-4900
Source: CLAW, MLS#23-324341

Price History for 1554 S Gramercy Pl

DatePriceEventSource
04/03/2024$4,299,000PriceChange
CLAW #23-324341
10/23/2023$4,599,000Listed For SaleCLAW #23-324341
06/16/2020$4,000,000Sold
CLAW #20570184
04/09/2020$4,200,000Listed For SaleAgent Provided

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Comparable Sales for 1554 S Gramercy Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Multi-Family Home
$2,360,000
11/29/23
11
11
7,616
0.34
Multi-Family Home
$3,265,000
07/18/23
14
11
7,028
0.18
Multi-Family Home
$1,600,000
05/17/23
12
8
7,074
0.78
Multi-Family Home
$2,400,000
09/14/23
12
9,800
0.16
Multi-Family Home
$1,440,000
12/22/23
8
4
5,470
0.71
Multi-Family Home
$2,880,000
08/31/23
18
18
6,555
0.16
Multi-Family Home
$1,100,000
05/10/23
4
4
3,792
0.23
Multi-Family Home
$1,370,000
07/25/23
9
5
4,700
0.28
Multi-Family Home
$1,470,000
11/02/23
8
6
4,201
0.48
Multi-Family Home
$1,750,000
10/12/23
9
9
4,184

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Arlington Heights

  • Trulia User
    "There are amazing food stands and trucks everywhere. every demographic is well represented, unpretentious comfortable and casual"
    0
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  • gtuck421
    "Quiet neighborhood. Changing for the better. Very convenient to get anywhere in the city from this central location. "
    1
    Flag
  • Julio L.
    "This neighborhood is noisy. Lots of fireworks and parties. It’s relatively safe to walk at night, but I’d much rather live in a quieter neighborhood. "
    4
    Flag
  • Daniela_rios123
    "since I've moved here we have no community events. we don't have a neighborhood watch. but it is a calm nice area to raise a family "
    1
    Flag
  • Luis R.
    "Trash around my neighborhood and it is bad for the owners dog, and also there a lot of crazy people around"
    2
    Flag
  • Jessica F. .
    "I hate it actually. It’s loud and chaotic at all Hours of the day and night. People don’t pick up after themselves or their animals. It is dirty and depressing. "
    15
    Flag
  • Gabriela
    "None. trash at every corner, no crosswalks between main streets, lot a of now slow paced construction. old abandoned homes. dirty so so dirty! "
    0
    Flag
  • Mcneto1990
    "the area its good but the only big problem is that naibors always reserve the parking for 2 cars they block the spots so they could park onother car so when you trying to park ur car you take like 20 to 30 min to found a parking and plis dont know why and who scratch the car they so bad people's when they do that :( ."
    11
    Flag
  • Matoaka N.
    " It's a perfect blend of age ranges for the kids and for adults. Great that you can walk for most of the household groceries at nearby stores. "
    2
    Flag

LGBTQ Local Legal Protections

Brice Head, CBRE, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1554 S Gramercy Pl, Los Angeles, CA 90019 is a studio, 20 bathroom, 13,792 sqft multi-family built in 1963. 1554 S Gramercy Pl is located in Arlington Heights, Los Angeles. This property is currently available for sale and was listed by CLAW on Oct 23, 2023. The MLS # for this home is MLS# 23-324341.