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Map
$1,350,000 - $1,648,000
●
Property -
Off Market
933 S Gramercy Pl
Los Angeles, CA 90019
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Quadruplex
8
Beds
4
Baths
6,516 ft²
$269/ft²
$1,750,000
Aug 24, 2023
-
-
Active
House
4
Beds
2
Baths
1,392 ft²
$898/ft²
$1,250,000
Dec 12, 2023
-
-
Active
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 |
---|---|---|---|---|---|---|---|---|
09/28/2023
|
|
Loft
|
-
|
-
|
$1,699,999
Loft
-
|
-
-
|
-
|
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
About Central LA
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