tomo logo

$1,495,000

Beds
4
Baths
3.0
sq ft
2,180

735 1/2 N Gramercy Pl, Los Angeles, CA 90038

735 1/2 N Gramercy Pl

Los Angeles, CA 90038

  • 2 days on market
    • Open house Feb 01
A stunning contemporary residence with an 800+ sq. ft. rooftop patio offering gorgeous Downtown views, located just moments from both Hollywood and Larchmont. Featuring an 8' mahogany entry door, an open floor plan, soaring ceilings, and expansive Fleetwood sliding doors, this property seamlessly blends luxury and modern comfort. The home is replete with 4 bedrooms, 3 baths, and a gourmet chef's kitchen with quartz countertops and a waterfall island with built-in breakfast bar. The spacious master suite boasts walk-in closets and a spa-like bath with dual sinks, premium fixtures, and LED mirrors. Designer amenities include wide-plank oak flooring, custom blinds throughout, in-ceiling speakers, and Control4 smart home automation. The expansive rooftop patio has built-in speakers, a pre-wired TV setup, and outdoor kitchen perfect for relaxing or entertaining under the stars with breathtaking views. Attached 2-car garage. Located just moments from the city's finest dining and entertainment, this residence perfectly blends upscale living with unmatched convenience.

Details

Property type

Single Family Residence

Est. home value

$1,299,687

Lot size

1,875 sq ft

Price per sq ft

$686

Year built

2018

Monthly HOA fee

$104

Price History

01/28/2025
CLAW

CLAW #25489211

Listed
$1,495,000
+19.6%
07/22/2022
CRMLS

CRMLS #SR22120927

Sold
$1,250,000
-17.49%
10/01/2019
CRMLS

CRMLS #SR19232870

Sold
$1,515,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$413,064
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$962,336
Cash to seller
$413,064

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Republic Bank

Loan start date

June 2022

Original loan amount

$1,000,000

Est. remaining balance

$962,336

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Erin Pierno and Christopher Pearson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/29/2025 at 9:05 PM

Listing updated: 01/28/2025 at 12:00 PM

Listed by: Jessica Vargas, The Oppenheim Group, Inc. Phone #: (310) 990-6656

MLS: CLAW #25489211

CLAW logo

Recently listed in Los Angeles