tomo logo

$1,990,000

Beds
9
sq ft
5,584

854 S Gramercy Pl, Los Angeles, CA 90005

854 S Gramercy Pl

Los Angeles, CA 90005

  • 44 days on market
Discover an exceptional investment opportunity in the vibrant heart of Koreatown, Hancock Park! This beautifully remodeled building features spacious units with their own laundry rooms, each averaging 1,396 SF, perfect for modern living. With ample parking available and R-3, Tier 3 zoning, the potential here is limitless. Two units can be vacated at the close of escrow, providing flexibility for new owners. Don't miss your chance to capitalize on this prime location!

Details

Property type

Est. home value

$1,746,226

Lot size

7,502 sq ft

Price per sq ft

$357

Year built

1924

HOA

No

Price History

11/11/2024
CLAW

CLAW #24462595

Listed
$1,990,000
+5.29%
10/05/2024
CLAW

CLAW #24447975

Removed
$1,890,000
10/02/2024
CLAW

CLAW #24447975

Listed
$1,890,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Wells Fargo Bank Na

Loan start date

April 2013

Original loan amount

$505,000

Est. remaining balance

$368,135

Interest rate

3.52%

Loan type

New Conventional, 30 year

Seller

Sung H Kim and Young A Kim

Lender

Wells Fargo Bank Na

Loan start date

April 2013

Original loan amount

$505,000

Est. remaining balance

$368,135

Interest rate

3.52%

Loan type

New Conventional, 30 year

Seller

Sung H Kim and Young A Kim

Lender

Wells Fargo Bank Na

Loan start date

July 2010

Original loan amount

$521,250

Est. remaining balance

$359,279

Interest rate

4.78%

Loan type

New Conventional, 30 year

Seller

Sung H Kim and Young A Kim

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: 12/25/2024 at 12:20 PM

Listing updated: 12/05/2024 at 3:15 AM

Listed by: Jeannie K. Lee, The H Realty Phone #: (818) 495-5432

MLS: CLAW #24462595

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