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5162 S Gramercy Pl, Los Angeles, CA 90062

Sale Price: $693,000
Jun 27, 20241,391 sqft3 beds1 baths
Listed by: Tiffany McGuinness
License #: 01947654
Phone #: 310-378-9889
Re/Max Estate Properties
Source:
CRMLS Logo
MLS #: SB24129559

Property Description

Situated on a quintessential Los Angeles palm tree-lined street in the thriving neighborhood of Park Hills Heights, this 3 bed and 1 bath home features 1,391 sqft of generous living space on a large 6,000+ sqft lot. Plenty of natural light flows throughout the home’s functional layout. Enjoy gatherings in your oversized living room, complete with built-in storage and a charming floor-to-ceiling cozy stone fireplace. The kitchen will inspire your inner chef with its ample cabinetry and abundant counter space. Down the hall you will discover 3 well-sized bedrooms and 1 large full bath; the master bedroom, located at the rear of the house for added privacy, features bright sliding glass doors that lead to your expansive backyard, perfect for relaxing and entertaining. You’ll love the convenience of in-home laundry, a detached 2-car garage with alley access (potential ADU opportunity!), and a great neighborhood near it all: close proximity to schools, parks, freeways, USC, Kenneth Hahn State Park, popular local favorite restaurants, and the Crenshaw Plaza redevelopment that is slated to begin in 2026. Don’t miss out on this wonderful opportunity!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,308

TurboHome Estimated Value

$701,100

$504 sqft

High Valuation
$736,155
$529/sqft
Normal Valuation
$701,100
$504/sqft
Low Valuation
$666,045
$479/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$504/sqft$701,100

Neighborhood: South Los Angeles

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Comparative Value

$628K

$693K

$715K

$750K

$789K

$807K

5306 Cimarron St, Los Angeles, CA 90062

Sale Price: $628,000

Selected Comparable

5162 S Gramercy Pl, Los Angeles, CA 90062

Sale Price: $693,000

Selected Comparable

5162 S Gramercy Pl, Los Angeles, CA 90062

List Price: $715,000

Subject Property

5106 S Gramercy Pl, Los Angeles, CA 90062

Sale Price: $750,000

Selected Comparable

1828 W 50th St, Los Angeles, CA 90062

Sale Price: $788,888

Selected Comparable

5207 Cimarron St, Los Angeles, CA 90062

Sale Price: $807,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5162 S Gramercy Pl, Los Angeles, CA 90062

5162 S Gramercy Pl, Los Angeles, CA 90062

List: $715,000

Listed: 6/27/2024

Area:1,391 sqft
Price/sqft:$514
Beds:3
Baths:1
Year Built:
Lot Size:6,081

Comparable Properties

COMPARABLE
Choose comps
5162 S Gramercy Pl, Los Angeles, CA 90062

5162 S Gramercy Pl, Los Angeles, CA 90062

Sale: $693,000

10/17/20240.00 mi

Area:1,391 sqft
Price/sqft:$498
Beds:3
Baths:1
Year Built:
Weight:23.5%
1828 W 50th St, Los Angeles, CA 90062

1828 W 50th St, Los Angeles, CA 90062

Sale: $788,888

6/10/20250.16 mi

Area:1,235 sqft
Price/sqft:$639
Beds:3
Baths:2
Year Built:
Weight:20.4%
5207 Cimarron St, Los Angeles, CA 90062

5207 Cimarron St, Los Angeles, CA 90062

Sale: $807,000

4/28/20250.17 mi

Area:1,577 sqft
Price/sqft:$512
Beds:3
Baths:2
Year Built:
Weight:19.5%
5106 S Gramercy Pl, Los Angeles, CA 90062

5106 S Gramercy Pl, Los Angeles, CA 90062

Sale: $750,000

4/19/20250.08 mi

Area:1,071 sqft
Price/sqft:$700
Beds:3
Baths:2
Year Built:
Weight:18.3%
5306 Cimarron St, Los Angeles, CA 90062

5306 Cimarron St, Los Angeles, CA 90062

Sale: $628,000

5/16/20250.17 mi

Area:1,596 sqft
Price/sqft:$393
Beds:2
Baths:1
Year Built:
Weight:18.3%

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