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901 South Gramercy Drive

901 South Gramercy Drive, Los Angeles, CA 90019
901 South Gramercy Drive is a condo located in Greater Wilshire, Los Angeles. The building was first built in 1937 and is 87 years old. In total, 901 South Gramercy Drive has a total floor area of 5,546 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 5 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 291 days and tend to sell below the original asking price of $889,800 by 4.42%. Meaning, listings tend to sell at a median of $563 price per square foot. The transaction that took the longest to complete was unit 306, listed on Apr 16, 2020 for $899,800. This particular unit ultimately sold 291 days later for $860,000. The most recent transaction was for unit 205, sold for $880,000 on Aug 19, 2021. Fun fact, the oldest transaction we have on record took place on Feb 01, 2021. See the full transaction history for 901 South Gramercy Drive below.

Greater Wilshire, where 901 South Gramercy Drive is located, has a median asking price of $749,000 for condo buildings. Meanwhile, the building itself has a median asking price of $889,800. For interested buyers, that means the building's median asking price is around 1.20% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit 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

Assigned Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201108 Unit 306
11/08/2020
306
3 Bed
2 Bath
1470 ft²
$874,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1470 ft²
-
-
-
-
20200416 Unit 306
04/16/2020
306
3 Bed
2 Bath
1580 ft²
$899,800
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1580 ft²
$860,000 -4.42%
02/01/2021
Victoria Lim

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,737
  • Total Building Area: 5,546
  • Gross Building Area: 5,546
  • Building Area: 5,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 5,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT WILSHIRE HARVARD HEIGHTS
  • Land Acres: 0.224
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: COUNTRY CLUB PARK LOT/SEC 1 BLK/DIV/TWN 10

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-D2
  • Parcel: 5092-022-001
  • Block: 10
  • Lot: 1
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0556
  • Longitude: -118.314

    Address

  • Full Address: 901 S Gramercy Pl
  • Address - House Number: 901
  • Street Direction: S
  • Address - Street Name: Gramercy
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 2142
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,876
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,801,423
  • High Value: 2,203,858
  • Low Value: 1,398,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,508
  • Assessed Land Value: $92,345
  • Assessed Improvements Value: $87,163

    Exemptions

  • Homeowner Exemption: Yes

About Central LA



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Frequently Asked Questions

What neighborhood is 901 South Gramercy Drive located in?
The 901 South Gramercy Drive is a condo located in the neighborhood of Greater Wilshire in Central LA, Los Angeles.
What is the average sales price for listings in 901 South Gramercy Drive?
The average sales price for units in 901 South Gramercy Drive is $889,800 , or $563/sqft. currently.

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