Property is tenant occupied. With the combination of affordability and functionality, this Triplex consists of three stand-alone cottages on a corner lot, making it a unique real estate opportunity in the heart of a burgeoning neighborhood. Located in an Opportunity Zone and a community on the rise, these units are perfect for those seeking an accessible entry into homeownership or for investors looking to tap into this potential. There are no common walls and each unit is individually metered for gas, electricity, AND water. Each unit offers outdoor patios, private yard space, and In-Unit Washer/Dryer hookups. Three Single Car Garages with automatic doors. The Front unit is an Upgraded 2 Bd / 1 Ba house, which is currently occupied by one Section 8 tenant paying $2,313. The remaining two units are both 1 Bd, 1 Ba - Tenant Occupied (One Section 8 unit paying $1,081 total for Guaranteed Rent, the other tenant pays $568 and is not Section 8). Priced right, this is an excellent investment opportunity. Buyer to do own investigations. ADU Potential!
For sale
Price cut: $60K (4/24)
$799,000
5700 S Gramercy Pl, Los Angeles, CA 90062
4beds
3baths
2,538sqft
Multi Family
Built in 1926
-- sqft lot
$781,700 Zestimate®
$315/sqft
$-- HOA
What's special
Private yard space
- 99 days |
- 898 |
- 49 |
Zillow last checked:
Listing updated:
Listed by:
Taylor Light DRE # 02084441 310-963-6768,
Coldwell Banker Realty 424-280-7400
Source: CLAW,MLS#: 25607637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Gas Cooking Appliances
- Laundry: In Unit, Stackable W/D Hookup
Features
- Ceiling Fan(s)
- Flooring: Tile, Laminate, Carpet
- Doors: Double Door Entry
Interior area
- Total structure area: 2,538
- Total interior livable area: 2,538 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Is Detached, Garage - 3 Car
- Garage spaces: 3
Features
- Levels: One
- Exterior features: Dock
- Has view: Yes
- View description: None
Lot
- Size: 6,385 Square Feet
Details
- Additional structures: None
- Parcel number: 5005018015
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Condition
- Year built: 1926
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $629,726
- Annual tax amount: $8,435
- Date on market: 4/13/2026
Estimated market value
$781,700
$743,000 - $821,000
$2,909/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Price change | $799,000-7%$315/sqft |
Source:  CLAW #25607637 Report a problem | ||
| 4/13/2026 | Listed for sale | $859,000+1.2%$338/sqft |
Source: CLAW #25607637 Report a problem | ||
| 5/29/2024 | Listing removed | -- |
Source: CLAW #23-306463 Report a problem | ||
| 2/13/2024 | Price change | $849,000-5.6%$335/sqft |
Source: CLAW #23-306463 Report a problem | ||
| 1/13/2024 | Listed for sale | $899,000$354/sqft |
Source: CLAW #23-306463 Report a problem | ||
| 12/7/2022 | Listing removed | -- |
Source: CLAW #22-169949 Report a problem | ||
| 6/27/2022 | Price change | $899,000-6.3%$354/sqft |
Source: CLAW #22-169949 Report a problem | ||
| 6/20/2022 | Listed for sale | $959,000+6.7%$378/sqft |
Source: CLAW #22-169949 Report a problem | ||
| 5/3/2022 | Listing removed | -- |
Source: CLAW #22-144739 Report a problem | ||
| 4/16/2022 | Contingent | $899,000$354/sqft |
Source: CLAW #22-144739 Report a problem | ||
| 4/8/2022 | Listed for sale | $899,000+48.6%$354/sqft |
Source: CLAW #22-144739 Report a problem | ||
| 4/17/2019 | Sold | $605,000+1%$238/sqft |
Source:  CLAW #19443346 Report a problem | ||
| 3/28/2019 | Pending sale | $599,000$236/sqft |
Source: Movoto, Inc. #19443346 Report a problem | ||
| 3/14/2019 | Listed for sale | $599,000+40.9%$236/sqft |
Source: Movoto, Inc. #19443346 Report a problem | ||
| 3/25/2015 | Sold | $425,000$167/sqft |
Source: Public Record Report a problem | ||
| 1/10/2015 | Listed for sale | $425,000+70%$167/sqft |
Source: RV Realty Enterprise #SR15004289 Report a problem | ||
| 7/10/2012 | Sold | $250,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,435 +1.3% | $668,268 +2% |
| 2024 | $8,327 +1.9% | $655,166 +2% |
| 2023 | $8,174 +4.7% | $642,320 +2% |
| 2022 | $7,808 +1.4% | $629,726 +2% |
| 2021 | $7,702 -1.9% | $617,380 +0% |
| 2020 | $7,849 | $617,100 +34.8% |
| 2019 | $7,849 +37.3% | $457,888 +2% |
| 2018 | $5,715 | $448,911 +2% |
| 2017 | $5,715 +2.1% | $440,110 +2% |
| 2016 | $5,597 +2.7% | $431,481 +68.4% |
| 2015 | $5,451 +60.6% | $256,152 +2% |
| 2014 | $3,394 | $251,135 -17.9% |
| 2011 | -- | $306,000 +646.6% |
| 2010 | -- | $40,984 -0.2% |
| 2009 | -- | $41,083 +6.1% |
| 2005 | -- | $38,716 +4% |
| 2004 | -- | $37,214 +3.9% |
| 2002 | -- | $35,818 +4% |
| 2000 | -- | $34,429 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 6/10Western Avenue Technology MagnetGrades: K-8Distance: 0.5 mi
- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 0.9 mi
- 6/10Horace Mann Ucla CommunityGrades: 6-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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