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Real Estate Listing at Properties from The Knight Group LA

Properties

The Knight Group LA

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$4,050,000
82 Days On Site

453 S Gramercy Place
Los Angeles, CA 90020

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
8,594
SqFt
$471
/SqFt
1966
Built
County:
Los Angeles
Call Now: 503.200.4823
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503.200.4823
453 S Gramercy Place453 S Gramercy Place453 S Gramercy Place453 S Gramercy Place
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Monthly Payment (Est.)

$18,478
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

LOCATION! LOCATION! LOCATION! Outstanding income property in the highly desirable Hancock Park neighborhood minutes to Larchmont Village, DTLA, Beverly Hills, Hollywood, and premier shopping, dining, and entertainment. Nestled in a quiet, walkable area with an excellent walk score, this property offers unbeatable convenience for tenants and strong appeal for investors. The property features 8 large studios and 6 spacious 1 bed / 1 bath units, built in 1966 with earthquake retrofit completed and full renovation in 2017. Units are bright and modern with hardwood flooring, recessed lighting, large windows for abundant natural light, oversized kitchens, ample closet space, and in many cases, separate vanity areas. One-bedroom units offer generously sized living rooms and bedrooms uncommon for this type of property. All units are separately metered for gas and electricity. Community amenities include controlled-access entry, on-site laundry, and 14 tuck-under parking spaces with storage. Located within walking distance to Metro, H Mart, CVS, and an array of restaurants and shopping centers. Easy access to 101 & 10 FWYs, Staples Center, USC, and Koreatown. Investment highlights: Prime central location, strong rental demand, updated building systems, and a turnkey condition make this an exceptional addition to any portfolio. The property includes two parcels: APN# 5504-025-021 & 5504-025-024.

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Listing Snapshot
Price 
$4,050,000
Days On Site 
82 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,594 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1838 Acres
Year Built 
1966
MLS® Number 
25578611
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.1838
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
8594
Zoning 
LAR4
Interior Features
Laundry Features 
Common Area
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Community Features
MLS Area 
C18 – Hancock Park-Wilshire
Listing courtesy of Thomas Yong Kim of Apple Tree Realty
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Based on information from the The MLS as of 2025-11-04 05:46 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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