1624 S Gramercy
Los Angeles, CA 90019
5
Bed
2
Bath
3,016Sqft
8,925Sqft(Lot)
Complete Fixer – Great Investment Opportunity in Prime Mid Los Angeles. This two-story, 5-bedroom, 2.5-bath home offers incredible potential for investors and developers alike. Situated on a spacious lot in the highly desirable 90019 zip code, this property is a complete fixer—perfect for those looking to renovate or rebuild. With the ability to develop up to six units (buyer to verify), this site presents a rare chance to maximize value in a rapidly growing area. Conveniently located near major freeways, USC, and Downtown Los Angeles, the home provides excellent accessibility and strong long-term appeal. Please note: the property has known foundation issues and requires a new roof. Don’t miss this exceptional opportunity to transform a centrally located property in one of Los Angeles’ mos
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 5Bathroom Information
Total Baths: 2 Full Baths: 2Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Fireplace: Living Room -
Cooling Features
None Air ConditioningFireplace
Fireplace Features: Living Room Has Fireplace: 1
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Building Information
Year Built: 1907 -
Pool Features
NoneLaundry Features
Inside
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2049 -
Lot Size Source: Assessor Lot Size Square Feet: 8925
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Listing Price Information
Original List Price: 1,325,000 Listing Contract Date: 2026-06-17 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5073015005
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Other Property Info
Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: South of Venice Blvd. West of Western Ave. Source Property Type: Residential Area: C16 - Mid Los Angeles Property SubType: Single Family Residence -
Building and Construction
Property Age: 119 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Public Records Total Square Feet Living: 3016 Entry Level: 1 Entry Location: Front Levels or Stories: Two Building Total Stories: 2 Structure Type: House
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1117 S Manhattan Place, Los Angeles, CA, 90019 | $1,399,000 | 4 | 2 | 1,807 | 1,807 SqFt |
| 1044 S St Andrews Place, Los Angeles, CA, 90019 | $1,490,000 | 5 | 3 | 2,133 | 2,133 SqFt |
| 1254 S Manhattan, Los Angeles, CA, 90019 | $1,790,000 | 6 | 3 | 3,024 | 3,024 SqFt |
| 941 S Gramercy Place, Los Angeles, CA, 90019 | $2,695,000 | 12 | -- | 7,360 | 7,360 SqFt |
| 1415 S Manhattan Place, Los Angeles, CA, 90019 | $2,280,000 | 9 | 5 | 7,512 | 7,512 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $2,799,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $1,925,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1070 S Wilton Place, Los Angeles, CA, 90019 | $2,300,000 | 4 | 2 | 3,190 | 3,190 SqFt |
| 1023 S Wilton Place, Los Angeles, CA, 90019 | $1,425,000 | 7 | 7 | 2,660 | 2,660 SqFt |
| 1220 S Wilton Place, Los Angeles, CA, 90019 | $1,765,000 | 4 | 1 | 3,382 | 3,382 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 12:41
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