Investors Dream Trust Sale!!! A must-see historical gem triangulated between Leimert Park, Angeles Mesa and famed View Park Windsor Hills. This is a highly sought after 1911 Craftsman style home with plenty of curb appeal offering a 3bed, 2 bath floor-plan, large 1,400+ sqft interior footprint, and even larger 5200+ sqft lot inviting many options for development. Build either a 4 unit income apartment, two 2 story-luxury townhomes or possible TOC apartment. Where ever you imagination can take you, this property can deliver. This is the perfect blank canvas for a multi unit or a brand new Cape cod styled Single family residence. Customize this R1 zoned Lot to build a quadplex income earner or SFR home equipped with up to 2 ADU's to attract the most discerning Investors. This Property is a true development Deal for a Builder or end user. Please review supplements in the supplement section. This rare find won't last long.
Sold for $685,000
Listed by: Sotheby's International Realty • Jahmall Ellis • Contact: 818-451-8521
Bought with: COMPASS
$685,000
4929 S Gramercy Pl, Los Angeles, CA 90062
3beds
1,402sqft
Single Family Residence
Built in 1911
5,200 Square Feet Lot
$690,100 Zestimate®
$489/sqft
$3,975 Estimated rent
Home value
$690,100
$628,000 - $759,000
$3,975/mo
Zestimate® history
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$4,432/mo
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Plenty of curb appeal
Zillow last checked:
Listing updated:
Listed by:
Jahmall Ellis DRE #01712283 818-451-8521,
Sotheby's International Realty
Bought with:
ELIZABETH SANCHEZ, DRE #02082844
COMPASS
Source: CRMLS,MLS#: SR25190938
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bonus Room, Bedroom, Den, Primary Bathroom, Primary Bedroom, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Full Bath on Main Level, Granite Counters, Soaking Tub, Separate Shower, Vanity, Walk-In Shower
Kitchen
- Features: Kitchen Island, Laminate Counters, Utility Sink
Heating
- Central, Fireplace(s)
Cooling
- Central Air, ENERGY STAR Qualified Equipment, Attic Fan
Appliances
- Included: Dishwasher, Freezer, Gas Oven, Ice Maker, Microwave, Refrigerator
- Laundry: In Kitchen
Features
- Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Laminate Counters, Open Floorplan, Pantry, Phone System, Storage, Solid Surface Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Flooring: Carpet, Tile, Wood
- Doors: Mirrored Closet Door(s)
- Windows: Drapes, Wood Frames
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,402 sqft
Property
Parking
- Total spaces: 7
- Parking features: Door-Single, Driveway, Garage
- Garage spaces: 1
- Uncovered spaces: 6
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Grab Bars, Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Entry location: Front Porch
- Patio & porch: Brick, Deck, Patio
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 5,200 Square Feet
- Features: 0-1 Unit/Acre, Sprinklers In Front, Rectangular Lot
Details
- Parcel number: 5015013026
- Zoning: LAR4
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Brick, Block, Cement Siding, Drywall, Fiberglass Siding, Concrete, Stucco
- Foundation: Raised
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1911
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
- Security: Security Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $489/sqft
- Tax assessed value: $55,478
- Annual tax amount: $884
- Date on market: 8/28/2025
- Cumulative days on market: 108 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Sold | $685,000-2%$489/sqft |
Source:  CRMLS #SR25190938 Report a problem | ||
| 12/16/2025 | Pending sale | $699,000$499/sqft |
Source: CRMLS #SR25190938 Report a problem | ||
| 11/11/2025 | Price change | $699,000-2.2%$499/sqft |
Source: CRMLS #SR25190938 Report a problem | ||
| 10/27/2025 | Price change | $715,000-3.4%$510/sqft |
Source: CRMLS #SR25190938 Report a problem | ||
| 8/28/2025 | Listed for sale | $739,999$528/sqft |
Source: CRMLS #SR25190938 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $884 +4% | $55,478 +2% |
| 2024 | $850 +1.1% | $54,391 +2% |
| 2023 | $841 +3.5% | $53,326 +2% |
| 2022 | $812 +2.7% | $52,281 +2% |
| 2021 | $791 -0.3% | $51,257 +1% |
| 2020 | $793 | $50,733 +2% |
| 2019 | $793 +13.8% | $49,740 +2% |
| 2018 | $697 | $48,766 +2% |
| 2017 | $697 +1.8% | $47,811 +2% |
| 2016 | $685 +5% | $46,875 +1.5% |
| 2015 | $652 -0.6% | $46,172 +2% |
| 2014 | $656 | $45,268 +2.5% |
| 2012 | -- | $44,182 +2% |
| 2011 | -- | $43,316 +0.7% |
| 2010 | -- | $42,994 -0.2% |
| 2009 | -- | $43,098 +2% |
| 2008 | -- | $42,254 +2% |
| 2007 | -- | $41,427 +2% |
| 2006 | -- | $40,616 |
| 2005 | -- | $40,616 +4% |
| 2004 | -- | $39,041 +1.9% |
| 2003 | -- | $38,327 +2% |
| 2002 | -- | $37,577 +4% |
| 2000 | -- | $36,120 |
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: 0.5 mi
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Estimated market value
$690,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$690,100
- California
- Los Angeles County
- Los Angeles
- 90062
- South Los Angeles
- 4929 S Gramercy Pl
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