See Home Value
$1,350,000 - $1,648,000
Property - Off Market

933 S Gramercy Pl

Los Angeles, CA 90019
bedrooms
Studio
bathrooms
0 Bath

About This Property

933 South Gramercy Place, an unrivaled investment opportunity in the heart of Los Angeles. This VACANT lot is your canvas for a visionary project, boasting fully approved Ready to Issue (RTI) plans for an exquisite development of 17 units. The time to break ground is now, ensuring a swift and seamless path to realizing your real estate aspirations. Among the 17 planned units, two cater to low-income housing requirements, showcasing our dedication to inclusive living spaces. This distinctive blend sets the stage for a project that not only promises impressive returns but also contributes positively to the fabric of the neighborhood.Projected to achieve an impressive After-Repair Value (ARV) of $7 to $8 million, 933 South Gramercy Place presents a golden opportunity for substantial returns on your investment. This prime location, coupled with meticulously designed plans, positions your development to stand out in the market and command a premium valuation.Designated under TOC Tier 3, this property benefits from Transit Oriented Communities incentives, unlocking a world of possibilities for optimizing your investment. Los Angeles' vision for sustainable urban growth aligns seamlessly with the potential of 933 South Gramercy Place.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Apr 20, 2024 No longer available -
No longer available
Mar 17, 2024 Relisted $1,499,999
Relisted
Mar 10, 2024 No longer available -
No longer available
Jan 8, 2024 Listed $1,499,999
Listed

Property Highlights

With View


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$1,200,000 May 9, 2023
-
-
House
4 Beds
2 Baths
2,168 ft²
$761/ft²
$1,649,000 Jan 5, 2024
-
-
In Contract
Quadruplex
8 Beds
4 Baths
6,516 ft²
$269/ft²
$1,750,000 Aug 24, 2023
-
-
House
4 Beds
2 Baths
1,392 ft²
$898/ft²
$1,250,000 Dec 12, 2023
-
-
House
3 Beds
3.5 Baths
1,701 ft²
$734/ft²
$1,249,000 Feb 20, 2024
-
$236/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230928
09/28/2023
Loft
-
-
$1,699,999
bedrooms
Loft
bathrooms
-
-
-
-
Alex 'Zan' Sacker
Keller Williams-Santa Monica

Building Info

933 South Gramercy Place 933 South Gramercy Place, Los Angeles, CA 90019
  • 1 Unit for Sale
More about this Building
933 South Gramercy Place
Want to find out who owns 933 South Gramercy Place, Los Angeles, CA 90019? Get detailed property transactions here .

About Central LA


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