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801 Gramercy Drive

801 Gramercy Drive, Los Angeles, CA 90005
Property in Greater Wilshire
Sold Jul 26, 2006
Transfer
$1,850,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 03, 2047
Local assessors in Los Angeles, CA have categorized 801 Gramercy Drive as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 6,882 square feet. This is a 6 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 801 Gramercy Drive has a total of 32,832 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. The building has a flat style roof that was made of roll composition. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a steam heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $36,868 in taxes per year. The property on 801 Gramercy Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,908,012. To break that down further, the land itself was valued at $837,608. While improvements to the property were assessed at a total of $2,070,404. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 6
  • Living Units: 47
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,882
  • Total Building Area: 32,832
  • Gross Building Area: 32,832
  • Building Area: 32,832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Steam
  • Heated Square Feet: 32,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB PARK
  • Land Acres: 0.158
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: COUNTRY CLUB PARK EX OF ST LOT/SEC 1 BLK/DIV/TWN 7

Ownership

  • Current Owner : SCHEIN ALEXANDER
  • Previous Owner : BRIGHTON BEACH PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212620

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-D2
  • Parcel: 5092-025-001
  • Block: 7
  • Lot: 1
  • Municipality: SOUTH/
  • Latitude: 34.0579
  • Longitude: -118.312

    Address

  • Full Address: 801 Gramercy Dr
  • Address - House Number: 801
  • Address - Street Name: Gramercy
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 3463
  • Zip Code: 90005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,868
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.331
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 33
  • Final Value: 2,739,235
  • High Value: 3,646,174
  • Low Value: 1,832,295

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,850,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Loan Amount: $1,850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 03, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,908,012
  • Assessed Land Value: $837,608
  • Assessed Improvements Value: $2,070,404

    Sales

  • Current Sale Contract Date: Jul 24, 2006
  • Current Sale Recording Date: Jul 26, 2006
  • Current Sale Transaction ID: 1034570142
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-1649224

    Last Sale Mortgage

  • First Mortgage Lender: FIRST PRIVATE BANK & TRUST
  • First Mortgage Transaction Date: Jul 26, 2006
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 801 Gramercy Drive located in?
The 801 Gramercy Drive is a located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 801 Gramercy Drive?
The average sales price for units in 801 Gramercy Drive is $0 currently.

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