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453 S Gramercy Place

Los Angeles, CA 90020
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Bed 8

Bed

Bath 0

Bath

SqFt8,594

Sqft

SqFt8,008

Sqft(Lot)

LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, proximate area with an excellent resident's score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms u ncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within a proximate distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an exceptional addition to any portfolio. The property includes two parcels: APN# 5504-025-021 & 5504-025-024.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,800,000

AD Id : 74337947

MLS Id : 26640199

Beds : 8

Lot Size : 8,008 Sqft

Living Area Size : 8,594

Year Built : 1966

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 14

    Roofing Information

    Bitumen
  • Interior Features

    Ceiling Fan(s)
    Roof: Bitumen
    Appliances: Oven, Refrigerator
    Laundry Features: Common Area

  • Building Information

    Year Built: 1966
    Building Area Total: 8594
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8008 Lot Size Acres: 0.1838 Lot Size Source: Appraiser Lot Size Square Feet: 8,008

  • Listing Price Information

    Listing Price: $3800000
    Original Price: $3950000

  • Tax Information

    Parcel Number: 5504025021

  • Location Information

    Direction: Gramercy Place between 4th and 5th Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
428 S Hoover. St., Los Angeles, CA, 90020 $1,599,999 4 2 1,913 1,913 SqFt
3333 W 4th Street, Los Angeles, CA, 90020 $9,200,000 42 -- 62,532 62,532 SqFt
426 S Catalina Street, Los Angeles, CA, 90020 $1,899,000 8 -- 5,506 5,506 SqFt
520 S Kenmore Avenue, Los Angeles, CA, 90020 $4,900,000 15 24 18,783 18,783 SqFt
514 S Mariposa Avenue, Los Angeles, CA, 90020 $3,700,000 17 -- 12,294 12,294 SqFt
541 S Normandie Avenue, Los Angeles, CA, 90020 $1,950,000 8 12 7,481 7,481 SqFt
525 S Ardmore #338, Los Angeles, CA, 90020 $308,800 -- 1 381 381 SqFt
512 S Hobart Boulevard, Los Angeles, CA, 90020 $7,500,000 13 -- 40,148 40,148 SqFt
508 S Wilton Place, Los Angeles, CA, 90020 $1,360,000 4 2 2,511 2,511 SqFt
523 S Wilton Place, Los Angeles, CA, 90020 $1,390,000 7 7 3,504 3,504 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 23:25

MLS: 26640199 LISTED BY: Thomas Yong Kim, Apple Tree Realty 213-465-4858 SOURCE: CRMLS

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