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320 South Gramercy Place

320 South Gramercy Place, Los Angeles, CA 90020
320 South Gramercy Place is a condo located in Greater Wilshire, Los Angeles. The building was first built in 1920 and is 104 years old. In total, 320 South Gramercy Place has a total floor area of 4,494 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 10 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 142 days and tend to sell above the original asking price of $425,000 by 0.59%. Meaning, listings tend to sell at a median of $662 price per square foot. The transaction that took the longest to complete was unit 103, listed on Oct 18, 2020 for $425,000. This particular unit ultimately sold 163 days later for $427,500. The most recent transaction was for unit 107, which was first advertised on Jun 14, 2021, sold for $545,000 on Nov 03, 2021. Fun fact, the oldest transaction we have on record took place on Nov 15, 1999. See the full transaction history for 320 South Gramercy Place below.

Greater Wilshire, where 320 South Gramercy Place is located, has a median asking price of $745,950 for condo buildings. Meanwhile, the building itself has a median asking price of $425,000. For interested buyers, that means the building's median asking price is around 0.43% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Gated Parking
Assigned Parking

Exterior

Brick Exterior
Concrete Exterior
Stucco Exterior
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210614 Unit 107
06/14/2021
107
2 Bed
2 Bath
846 ft²
$527,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
846 ft²
$545,000 +3.42%
11/03/2021
Lauro Bautista
Home Team Realty
20201018 Unit 103
10/18/2020
103
1 Bed
1 Bath
642 ft²
$425,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
642 ft²
$427,500 +0.59%
03/30/2021
Max Lee
20200707 Unit 108
07/07/2020
108
1 Bed
1 Bath
636 ft²
$425,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
636 ft²
$415,000 -2.35%
08/19/2020
Shannon Hayon
20190726 Unit 303
07/26/2019
303
1 Bed
1 Bath
642 ft²
$359,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
642 ft²
-
-
-
-
20180831 Unit 105
08/31/2018
105
2 Bed
2 Bath
917 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
917 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Total Building Area: 4,494
  • Gross Building Area: 4,494
  • Building Area: 4,494
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 4,494
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAN NESS AVENUE SQUARE
  • Land Acres: 0.152
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: VAN NESS AVENUE SQUARE LOT/SEC 8 BLK/DIV/TWN 1

Ownership

  • Current Owner : SPEZZANO STEVEN
  • Current Owner 2: SPEZZANO ZEE
  • Previous Owner : ROBINSON VERONICA G
  • Owner Before Previous Owner: LEE HEUNG JAE
  • Owner Before Previous Owner 2: LEE CHUNG JA
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211703

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-D1
  • Parcel: 5504-024-008
  • Block: 1
  • Lot: 8
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0682
  • Longitude: -118.314

    Address

  • Full Address: 320 S Wilton Pl
  • Address - House Number: 320
  • Street Direction: S
  • Address - Street Name: Wilton
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C018
  • 4-Digit Zip Code: 4506
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,463
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,996,774
  • High Value: 2,132,059
  • Low Value: 1,861,489

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $861,413
  • Assessed Land Value: $313,210
  • Assessed Improvements Value: $548,203

    Sales

  • Current Sale Contract Date: Oct 08, 2002
  • Current Sale Recording Date: Nov 26, 2002
  • Current Sale Transaction ID: 1012338430
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 02-2869993
  • Previous Sale Recording Date: May 03, 1996
  • Previous Sale Contract Date: Apr 29, 1996
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF CALIFORN
  • First Mortgage Transaction Date: Nov 26, 2002
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MIRAD FINANCIAL GROUP
  • Previous Mortgage Transaction Date: May 03, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $161,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2026

About Central LA



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Frequently Asked Questions

What neighborhood is 320 South Gramercy Place located in?
The 320 South Gramercy Place is a condo located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 320 South Gramercy Place?
The average sales price for units in 320 South Gramercy Place is $425,000 , or $662/sqft. currently.

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