A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations.
While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you’re staying close to home or exploring the city, this property combines development potential with an unbeatable central location.
LISTING AGENT: Lyonel Katz LISTING BROKERAGE: Lux RealtyWhile this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you’re staying close to home or exploring the city, this property combines development potential with an unbeatable central location.
Courtesy of Lux Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 711 S Gramercy Place
Los Angeles, CA
Property Details
Price:
$1,000,000
MLS #:
SR24243687
Status:
Active
Beds:
5
Baths:
4
Address:
711 S Gramercy Place
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Dec 4, 2024
State:
CA
Finished Sq Ft:
2,130
ZIP:
90005
Lot Size:
5,163 sqft / 0.12 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Cooling
See Remarks
Fireplace Features
None
Exterior
Community Features
Sidewalks
Garage Spaces
1.00
Lot Features
Value In Land
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address711 S Gramercy Place Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90005
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