810 Gramercy Drive, Los Angeles, CA 90005

$1,850,000 Asking Price

4 beds
2 baths
2,024  sqft
Built in 1908

Nestled in the heart of Los Angeles, this exquisitely maintained residence is located in the prestigious Hancock Park - Wilshire neighborhood. The property boasts a generous 7,500 sq ft lot with R-3 zoning, offering the unique potential to develop up to 7 units as condominiums or apartments. The Area is experiencing significant development, making this an excellent opportunity for developers. This prime location is within close proximity to numerous cultural landmarks, including the historic Ebell Theatre, the prestigious Wilshire Country Club, and the renowned LA County Museum of Art. Additionally, the vibrant Hollywood Walk of Fame is nearby, providing a taste of LAs rich cultural tapestry. Esteemed educational institutions such as USC and UCLA, along with major university hospitals, are conveniently situated within a 5-mile radius. The property offers exceptional convenience with just a 3-minute walk to the Wilshire/Western Station. Positioned in the heart of Koreatown, it provides effortless access to a plethora of markets, restaurants, and healthcare facilities. Boasting a remarkable walk score of 90+, this home ensures you enjoy the ultimate urban lifestyle, with every amenity within easy reach. The main unit features three spacious bedrooms and one bathroom, making it ideal for family living. Additionally, the property includes one separate guest units, one bedroom and one bathroom. This unit is perfect for accommodating guests or generating additional rental income. The homes interior has been thoughtfully remodeled within 10 years, creating a pristine and contempor

Features & Amenities

Interior

Laundry:
Inside
A/C:
Wall/Window
Fireplace:
N/K
Disability Feature:
Parking

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR3, 5092024012
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Re/Max Premier Realty, Cecilia Lee

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: