854 S Gramercy Pl, Los Angeles, CA 90005 - View 1
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854 S Gramercy Pl, Los Angeles, CA 90005

List Price: $1,695,000On Market FlagOn market
Aug 11, 20255,584 sqft9 beds5 baths
Listed by: Jeannie K. Lee
License #: 01386376
Phone #: 213-804-7260
The H Realty
Source:
CRMLS Logo
MLS #: 25576987

Property Description

Discover an exceptional investment opportunity in the vibrant heart of Koreatown, Hancock Park! This beautiful building features spacious units with their own laundry rooms, each averaging 1,396 SF, perfect for modern living. With ample parking available and R3 tier3 zoning, the potential here is limitless. The two bedroom units have a den that can be utilized as an extra office space or bedroom. Don't miss your chance to capitalize on this prime location!
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.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,622

TurboHome Estimated Value

$1,534,900

$275 sqft

High Valuation
$1,611,645
$289/sqft
Normal Valuation
$1,534,900
$275/sqft
Low Valuation
$1,458,155
$261/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$275/sqft$1,534,900

Neighborhood: Mid Wilshire

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Comparative Value

$1.30M

$1.70M

$2.12M

111 N Kenmore Ave, Los Angeles, CA 90004

Sale Price: $1,300,000

Selected Comparable

854 S Gramercy Pl, Los Angeles, CA 90005

List Price: $1,695,000

Subject Property

924 S Orange Grove Ave, Los Angeles, CA 90036

Sale Price: $2,120,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
854 S Gramercy Pl, Los Angeles, CA 90005

854 S Gramercy Pl, Los Angeles, CA 90005

List: $1,695,000

Listed: 8/11/2025

Area:5,584 sqft
Price/sqft:$304
Beds:9
Baths:5
Year Built:—
Lot Size:7,502

Comparable Properties

COMPARABLE
Choose comps
924 S Orange Grove Ave, Los Angeles, CA 90036

924 S Orange Grove Ave, Los Angeles, CA 90036

Sale: $2,120,000

7/22/2025 • 2.82 mi

Area:5,395 sqft
Price/sqft:$393
Beds:8
Baths:4
Year Built:—
Weight:53.8%
111 N Kenmore Ave, Los Angeles, CA 90004

111 N Kenmore Ave, Los Angeles, CA 90004

Sale: $1,300,000

11/15/2024 • 1.47 mi

Area:5,972 sqft
Price/sqft:$218
Beds:8
Baths:4
Year Built:—
Weight:46.2%

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