1040 S Gramercy Dr, Los Angeles, CA 90019 - View 1
1040 S Gramercy Dr, Los Angeles, CA 90019 - View 2
1040 S Gramercy Dr, Los Angeles, CA 90019 - View 3

1040 S Gramercy Dr, Los Angeles, CA 90019

Sale Price: $1,650,000
Oct 4, 20241,620 sqft3 beds2 baths
Listed by: Levi Freeman
License #: 01926993
Phone #: 310-388-7916
Nourmand & Associates-HW
Source:
CRMLS Logo
MLS #: 24447985

Property Description

This beautifully restored Spanish Colonial gem is a true testament to refined living. Built in 1922, nestled in the desirable Country Club Park (Wilshire Park HPOZ), this home is perfectly situated near Hancock Park, Koreatown, and downtown LA, and seamlessly blends classic elegance with modern amenities. Featuring three bedrooms and two beautifully appointed bathrooms, this home exudes warmth and character. The inviting living room showcases a meticulously restored fireplace mantel and custom built-in cabinets, perfect for cozy evenings. Flow effortlessly into the generously sized dining room, ideal for entertaining, which leads to a designer galley kitchen. This thoughtfully remodeled kitchen boasts sleek modern cabinetry, luxurious quartz countertops, and high-end stainless-steel appliances. Natural light pours into the sunlit indoor laundry room, accentuated by multiple windows and easy access to the expansive backyard, an ideal space for outdoor gatherings and leisurely afternoons. Outside, shaded front and side porches invite you to unwind, while the fully fenced backyard offers a private oasis with enchanting seating areas. The detached finished garage presents endless possibilities as a bonus space for relaxing or entertaining. Throughout the home, you'll appreciate the thoughtful upgrades including Marvin windows that enhance energy efficiency, engineered wood flooring, updated electrical systems, a NEST thermostat, and a tankless water heater. Both the front and back yards are beautifully landscaped. This residence embodies modern living while preserving the integrity of its historic charm. Don't miss the opportunity to make this enchanting property your new home!
Assignment
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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

$22,299

TurboHome Estimated Value

$1,530,800

$945 sqft

High Valuation
$1,607,340
$992/sqft
Normal Valuation
$1,530,800
$945/sqft
Low Valuation
$1,454,260
$898/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$945/sqft$1,530,800

Neighborhood: Mid City

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Comparative Value

$935K

$1.15M

$1.31M

$1.36M

$1.57M

$1.65M

1543 6th Ave, Los Angeles, CA 90019

Sale Price: $935,000

Selected Comparable

3249 Country Club Dr, Los Angeles, CA 90019

Sale Price: $1,150,000

Selected Comparable

1111 S Manhattan Pl, Los Angeles, CA 90019

Sale Price: $1,310,000

Selected Comparable

1031 S Gramercy Dr, Los Angeles, CA 90019

Sale Price: $1,360,000

Selected Comparable

1040 S Gramercy Dr, Los Angeles, CA 90019

List Price: $1,575,000

Subject Property

1040 S Gramercy Dr, Los Angeles, CA 90019

Sale Price: $1,650,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1040 S Gramercy Dr, Los Angeles, CA 90019

1040 S Gramercy Dr, Los Angeles, CA 90019

List: $1,575,000

Listed: 10/4/2024

Area:1,620 sqft
Price/sqft:$972
Beds:3
Baths:2
Year Built:
Lot Size:6,253

Comparable Properties

COMPARABLE
Choose comps
1111 S Manhattan Pl, Los Angeles, CA 90019

1111 S Manhattan Pl, Los Angeles, CA 90019

Sale: $1,310,000

1/23/20250.11 mi

Area:1,605 sqft
Price/sqft:$816
Beds:3
Baths:2
Year Built:
Weight:21.6%
1040 S Gramercy Dr, Los Angeles, CA 90019

1040 S Gramercy Dr, Los Angeles, CA 90019

Sale: $1,650,000

11/14/20240.00 mi

Area:1,620 sqft
Price/sqft:$1,019
Beds:3
Baths:2
Year Built:
Weight:21.5%
3249 Country Club Dr, Los Angeles, CA 90019

3249 Country Club Dr, Los Angeles, CA 90019

Sale: $1,150,000

2/24/20250.12 mi

Area:1,468 sqft
Price/sqft:$783
Beds:3
Baths:2
Year Built:
Weight:20.6%
1031 S Gramercy Dr, Los Angeles, CA 90019

1031 S Gramercy Dr, Los Angeles, CA 90019

Sale: $1,360,000

2/11/20250.04 mi

Area:1,836 sqft
Price/sqft:$741
Beds:3
Baths:2
Year Built:
Weight:20.3%
1543 6th Ave, Los Angeles, CA 90019

1543 6th Ave, Los Angeles, CA 90019

Sale: $935,000

12/3/20240.86 mi

Area:2,031 sqft
Price/sqft:$460
Beds:3
Baths:2
Year Built:
Weight:16.1%

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