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Off market
  • $1,740,400

    736 Gramercy Dr, Los Angeles, CA 90005

    5beds
    4baths
    6,076sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $1,740,400 Zestimate®
    $286/sqft
    $3,733 Estimated rent

    Home value

    $1,740,400

    $1.55M - $1.97M

    $3,733/mo

    Zestimate® history
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    Owner options

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    $3,733/mo

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    $3,733/mo

    Rent Zestimate®

    Refinance and save

    $11,070/mo

    Est. payment

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    $11,070/mo

    Est. payment

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    What's special

    Just Reduced--Huge Upside in this Mid-Wilshire/Koreatown Value-Add Opportunity. 2 of 7 units will be delivered vacant at closing (both 1+1s). All major systems updated or replaced including all copper plumbing, replaced main sewer line, newer water heater and ~5 year-old roof. Ready for an investor to update the unit interiors and realize the area''s skyrocketing rents for renovated apartments. Outstanding unit mix of 4 1+1s, 2 2+1s, and a 2+1.5. Located on one of the quietest, most-desirable streets in Mid-Wilshire/Koreatown. Nicely landscaped with mature trees, rear patio currently underutilized and could be a major draw for future tenants. LAR4 zoning allows residential redevelopment of up to 15 units (buyer to verify).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Freezer, Garbage disposal, Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 6,076 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    Lot
    • Size: 6,250 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1955

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $286/sqft

    Price history

    DateEventPrice
    4/2/2026Listing removed$3,400$1/sqft
    Source: CRMLS #PW25269471 Report a problem
    12/3/2025Listed for rent$3,400$1/sqft
    Source: CRMLS #PW25269471 Report a problem
    3/31/2025Listed for sale$1,799,000+28.6%$296/sqft
    Source: CRMLS #WS25040048 Report a problem
    5/26/2015Listing removed$1,399,000$230/sqft
    Source: Remax Commercial and Investment Realty #14765263 Report a problem
    4/1/2015Pending sale$1,399,000$230/sqft
    Source: Remax Commercial and Investment Realty #14765263 Report a problem
    4/1/2015Listed for sale$1,399,000$230/sqft
    Source: Remax Commercial and Investment Realty #14765263 Report a problem
    1/14/2015Listing removed$1,399,000$230/sqft
    Source: RE/MAX COMMERCIAL & INVESTMENT REALTY #14765263 Report a problem
    9/24/2014Price change$1,399,000-6.7%$230/sqft
    Source: RE/MAX COMMERCIAL & INVESTMENT REALTY #14765263 Report a problem
    5/30/2014Listed for sale$1,499,000$247/sqft
    Source: RE/MAX COMMERCIAL & INVESTMENT REALTY #14765263 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,740,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,740,400