Investor s Dream This duplex, boasting 2 units, each featuring 2 bedrooms and 1 bathroom, offers a total of 1948 sq ft of prime real estate. Built in 1907, this property stands proudly on a corner lot with a generous 6500 sq ft of space.
Zoned LA R2-1 Tier 2 TOC, this duplex provides a fantastic investment opportunity, allowing for potential growth and development. With a combination of historic charm and strategic location, this property is a promising venture for those looking to expand their real estate portfolio or generate steady rental income.
This is an exclusive listing period for purchase by owner-occupant buyers, select nonprofits, governmental entities, and other approved entities. All offers from these purchases should be submitted as pre-auction offers.
If a pre-auction offer was not accepted by the seller during the First Look period, the auction will begin for all bidders on 03/22/2024.
Sold for $560,700
Listed by: Edgestone Real Estate, Inc. • Sebastian Stofenmacher • Contact: 213-273-4845
Bought with: Bishop Realty
$560,700
4700 S Gramercy Pl, Los Angeles, CA 90062
4beds
2baths
1,948sqft
Duplex
Built in 1907
-- sqft lot
$746,800 Zestimate®
$288/sqft
$3,433 Estimated rent
Home value
$746,800
$650,000 - $844,000
$3,433/mo
Zestimate® history
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$3,433/mo
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$3,597/mo
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Zillow last checked:
Listing updated:
Listed by:
Sebastian Stofenmacher DRE #01328684 818-464-5113,
Edgestone Real Estate, Inc.
Bought with:
John Vartabedian, DRE #00514652
Bishop Realty
Source: CRMLS,MLS#: PW24036771
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,948
- Total interior livable area: 1,948 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,502 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5015004024
- Zoning: LAR2
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $571,914
- Annual tax amount: $7,200
- Date on market: 2/22/2024
- Cumulative days on market: 71 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2025 | Listing removed | $695,000+24%$357/sqft |
Source:  SDMLS #220000309 Report a problem | ||
| 6/7/2024 | Sold | $560,700+3%$288/sqft |
Source:  CRMLS #PW24036771 Report a problem | ||
| 1/8/2024 | Sold | $544,178-21.7%$279/sqft |
Source: Public Record Report a problem | ||
| 11/13/2023 | Pending sale | $695,000$357/sqft |
Source: SDMLS #230021956 Report a problem | ||
| 11/8/2023 | Listed for sale | $695,000$357/sqft |
Source: SDMLS #230021956 Report a problem | ||
| 6/27/2023 | Listing removed | -- |
Source: SDMLS #220000309 Report a problem | ||
| 12/16/2022 | Listed for sale | $695,000$357/sqft |
Source: SDMLS #220000309 Report a problem | ||
| 6/13/2022 | Pending sale | $695,000$357/sqft |
Source: SDMLS #220000309 Report a problem | ||
| 4/26/2022 | Price change | $695,000+26.4%$357/sqft |
Source: SDMLS #220000309 Report a problem | ||
| 1/11/2022 | Pending sale | $550,000$282/sqft |
Source: SDMLS #220000309 Report a problem | ||
| 1/8/2022 | Listed for sale | $550,000+3.2%$282/sqft |
Source: SDMLS #220000309 Report a problem | ||
| 12/29/2006 | Sold | $533,000+204.6%$274/sqft |
Source: Public Record Report a problem | ||
| 5/18/2001 | Sold | $175,000+36.7%$90/sqft |
Source: Public Record Report a problem | ||
| 9/6/2000 | Sold | $128,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,200 -18.2% | $571,914 -18.3% |
| 2024 | $8,802 +1.9% | $700,088 +2% |
| 2023 | $8,639 +4.7% | $686,362 +2% |
| 2022 | $8,248 +1.3% | $672,905 +2% |
| 2021 | $8,140 -1% | $659,712 +1% |
| 2020 | $8,221 | $652,948 +2% |
| 2019 | $8,221 +5.7% | $640,146 +2% |
| 2018 | $7,780 | $627,595 +28.1% |
| 2017 | $7,780 +27.1% | $490,000 +22.5% |
| 2016 | $6,120 +22.1% | $400,000 +6.7% |
| 2015 | $5,012 +3.7% | $375,000 |
| 2014 | $4,833 | $375,000 +38.9% |
| 2012 | -- | $270,000 |
| 2011 | -- | $270,000 |
| 2010 | -- | $270,000 -51.3% |
| 2009 | -- | $554,533 +2% |
| 2008 | -- | $543,660 +2% |
| 2007 | -- | $533,000 +122.5% |
| 2006 | -- | $239,554 |
| 2005 | -- | $239,554 +4% |
| 2004 | -- | $230,253 +26.5% |
| 2003 | -- | $182,069 +2% |
| 2002 | -- | $178,500 +74.5% |
| 2000 | -- | $102,301 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 6/10Western Avenue Technology MagnetGrades: K-8Distance: 0.6 mi
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- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 0.9 mi
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Estimated market value
$746,800
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Estimated market value
$746,800
- California
- Los Angeles County
- Los Angeles
- 90062
- South Los Angeles
- 4700 S Gramercy Pl
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