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Sold for $1,286,000
  • Tax assessed value
    $1,286,000

    721 Gramercy Dr, Los Angeles, CA 90005

    4beds
    1,817sqft
    Residential, Single Family Residence
    Built in 1920
    6,255 Square Feet Lot
    $1,446,700 Zestimate®
    $708/sqft
    $4,963 Estimated rent

    Home value

    $1,446,700

    $1.32M - $1.59M

    $4,963/mo

    Zestimate® history
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    What's special

    Secured gateWorking fireplaceMature landscapingGorgeous original fireplace mantelDetailed moldingGorgeous private backyardBeautifully manicured driveway
    Single family home, centrally situated in the highly sought after Hancock Park/ Koreatown on a large R4 lot, this property allows endless possibilities for owner users and investors alike. Step into this beautifully renovated & updated 1920 traditional home in the heart of Hancock Park/ Koreatown. Gorgeous inside and out, with incredible curb-appeal & mature landscaping. The perfect mix of original elegance and designer touches, with beautiful hardwood floors, detailed molding & gorgeous original fireplace mantel. The home has 4 spacious bedrooms and 2 full bathrooms. Updated kitchen has everything you need for seamless entertaining & cooking. Off the kitchen, is a lovely dining room which leads to a spacious living room with working fireplace! Direct access from the rear of house offers a gorgeous private backyard, perfect for summer entertaining & relaxing. Beautifully manicured driveway for parking & a secured gate for access to the garage parking in back. This home is desirably located & has easy access to all that Los Angeles has to offer; just three blocks from Wilshire & Western Metro station! Home also offers stainless steel kitchen appliances, full-size washer & dryer, & central air conditioning & heat. **Sale of the home also comes with APPROVED CITY PLANS TO CONVERT EXISTING GARAGE INTO ADU** 24-48 hour notice for all showings. Please read showing remarks for all appts.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Graziano DRE # 02072713 310-498-1415,

    Keller Williams Beverly Hills 310-432-6400

    Bought with:

    Lin Deng, DRE # 02222809

    Pinnacle Real Estate Group

    Source: CLAW,MLS#: 24-417079MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Area
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher
    • Laundry: In Unit
    Features
    • Flooring: Wood Laminate
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,817
    • Total interior livable area: 1,817 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage - 2 Car, Garage Is Detached
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 6,255 Square Feet
    Details
    • Additional structures: Other
    • Parcel number: 5092028024
    • Zoning: LAR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Condition
    • Year built: 1920

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $708/sqft
    • Tax assessed value: $1,286,000
    • Annual tax amount: $15,641
    • Date on market: 7/25/2024

    Price history

    DateEventPrice
    12/11/2024Sold$1,286,000-1%$708/sqft
    Source: CLAW #24-417079 Report a problem
    11/24/2024Contingent$1,299,000$715/sqft
    Source: CLAW #24-417079 Report a problem
    9/14/2024Price change$1,299,000-3.7%$715/sqft
    Source: CLAW #24-417079 Report a problem
    9/6/2024Price change$1,349,500-3.3%$743/sqft
    Source: CLAW #24-417079 Report a problem
    8/25/2024Price change$1,395,000-6.7%$768/sqft
    Source: CLAW #24-417079 Report a problem
    7/25/2024Listed for sale$1,495,000+35.9%$823/sqft
    Source: CLAW #24-417079 Report a problem
    7/5/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/4/2022Listed for rent$4,500+20%$2/sqft
    Source: Zillow Rental Manager Report a problem
    12/19/2020Listing removed$3,750$2/sqft
    Source: MossCompany Report a problem
    12/10/2020Price change$3,750-4%$2/sqft
    Source: MossCompany Report a problem
    11/25/2020Price change$3,905-0.5%$2/sqft
    Source: MossCompany Report a problem
    11/18/2020Price change$3,925-6.5%$2/sqft
    Source: MossCompany Report a problem
    10/22/2020Price change$4,200-4.5%$2/sqft
    Source: MossCompany Report a problem
    10/16/2020Listed for rent$4,400$2/sqft
    Source: MossCompany Report a problem
    11/6/2015Sold$1,100,000+43.8%$605/sqft
    Source: Public Record Report a problem
    4/29/2015Sold$765,000+4.9%$421/sqft
    Source: Public Record Report a problem
    10/2/2010Listing removed$729,000$401/sqft
    Source: NRT #10453251 Report a problem
    5/30/2010Listed for sale$729,000+53.5%$401/sqft
    Source: NRT #10453251 Report a problem
    3/9/2010Sold$475,000$261/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,641 -0.2%$1,286,000 +0.7%
    2024$15,671 +2%$1,276,638 +2%
    2023$15,371 +4.9%$1,251,607 +2%
    2022$14,660 +1.2%$1,227,067 +2%
    2021$14,479 -1%$1,203,008 +1%
    2020$14,628 $1,190,673 +2%
    2019$14,628 +5%$1,167,327 +2%
    2018$13,929 $1,144,439 +2%
    2017$13,929 +2.2%$1,122,000 +2%
    2016$13,627 +2.3%$1,100,000 +115.6%
    2015$13,325 +110.7%$510,160 +2%
    2014$6,323 $500,168 +2.5%
    2012-- $488,147 +2%
    2011-- $478,576 +11.9%
    2010-- $427,573 +485.1%
    2009-- $73,071 +2%
    2008-- $71,639 +2%
    2007-- $70,235 +2%
    2006-- $68,859
    2005-- $68,859 +4%
    2004-- $66,187 +1.9%
    2003-- $64,975 +2%
    2002-- $63,702 +4%
    2000-- $61,231
    Find assessor info on the county website

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,446,700
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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
    $1,446,700