705 S Gramercy Place
Los Angeles, CA 90005
6
Bed
0
Bath
3,640Sqft
5,164Sqft(Lot)
Welcome to 705-707 S Gramercy Place, a premier duplex zoned LAR3 perfectly situated at the highly desirable crossroads of Koreatown, Mid-Wilshire, and Hancock Park. This rare property offers the space and feel of two single-family homes, making it an ideal choice for an owner-user looking to live in one unit while generating premium income from the other, or an investor seeking a high-quality asset in a robust market. All units are individually metered for water, gas, and electricity, providing ease of utility management. Property Highlights: *Massive Unit Sizes: Boasting approximately 3,640 total square feet, the property is split into an upstairs and a downstairs unit that span an incredibly generous ~1,820 square feet each. Both units offer expansive, open-concept living areas and large
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 5Flooring Information
Laminate -
Interior Features
Ceiling Fan(s)Appliances: Gas Cooktop, Disposal, Gas OvenLaundry Features: In KitchenWindow Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1922Building Area Total: 3640Stories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 5164 Lot Size Acres: 0.1185 Lot Size Square Feet: 5,164
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Listing Price Information
Listing Price: $1490000Original Price: $1650000
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Tax Information
Parcel Number: 5092027024
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Virtual Tour
Parking Information
Parking Total: 6 Shared DrivewayGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Corner of Gramercy Place & 7th Street Security Features: Security Gate,Gated Community
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 830 S Hoover Street, Los Angeles, CA, 90005 | $2,495,000 | 6 | -- | 8,080 | 8,080 SqFt |
| 2939 Leeward #212, Los Angeles, CA, 90005 | $1,099,999 | 3 | 3 | 1,690 | 1,690 SqFt |
| 681 Shatto Place, Los Angeles, CA, 90005 | $5,299,000 | -- | -- | 24,642 | 24,642 SqFt |
| 2961 W 8th Street, Los Angeles, CA, 90005 | $1,250,000 | 6 | 2 | 3,001 | 3,001 SqFt |
| 811 S Vermont Avenue, Los Angeles, CA, 90005 | $1,699,000 | -- | -- | 4,676 | 4,676 SqFt |
| 747 S New Hampshire Ave.., Los Angeles, CA, 90005 | $3,495,000 | -- | -- | 14,188 | 14,188 SqFt |
| 810 S Berendo Street, Los Angeles, CA, 90005 | $4,500,000 | 30 | 30 | 12,747 | 12,747 SqFt |
| 674 S Catalina Street, Los Angeles, CA, 90005 | $2,900,000 | 12 | -- | 7,472 | 7,472 SqFt |
| 749 S Berendo, Los Angeles, CA, 90005 | $1,384,000 | 1 | 2 | -- | |
| 836 S Catalina Street, Los Angeles, CA, 90005 | $2,250,000 | 8 | 8 | 5,322 | 5,322 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 10:34
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