711 S Gramercy Place
Los Angeles, CA 90005
2130 sqft | 5 beds | 4 baths | 0.12 acres | #SR24243687
Description
A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations.
While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you're staying close to home or exploring the city, this property combines development potential with an unbeatable central location.
Property Details
- Property SubtypeSingleFamilyResidence
- School DistrictLos Angeles Unified
- Lot DescriptionValueInLand
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,000,000
- MLS #SR24243687
- MLS #SR24243687
- Property TypePurchase
- Cost1000000
- Acres0.1185
- Utility SourcePublic
- Structure TypeHouse
- Square Feet2130
- Year Built1923
- Bedrooms5
- Bathrooms4
- Full Baths4
- Stories2
- Parking Spaces1
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Lyonel Katz (#SR207059683)
Listing Office: Lux Realty (#SR0069400)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
