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$3,950,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 4 hours ago
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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.

Full Property Details for 453 S Gramercy Pl

General

  • Price: $3,950,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26640199
  • Updated: 1/19/2026
  • Added to Site: 3 day(s) ago

Interior

  • Cooking Appliances: Gas, Oven

Rooms

Bathrooms

  • Total Bathrooms: 14

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Other Features: None

Exterior

  • Deck/Patio: Balcony

Parking

  • Covered Spaces: 13
  • Garage Description: Covered Parking, Gated

Location

  • Area: Hancock Park-Wilshire
  • County: Los Angeles
  • Driving Directions: Gramercy Place between 4th and 5th Street

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Wall Gas

Utilities

  • Sewer: In Street
  • Water: Public, Meter on Property

Structural Information

  • # Buildings: 1
  • Exterior Const.: Stucco
  • Basement Desc.: Block, Slab, Quake Bracing, Pier and Beam, Concrete Perimeter
  • Foundation: Block, Slab, Quake-Bracing, Pier and Beam, Concret
  • Roof: Bitumen
  • Disability Access: None
  • Stories/Levels: 0
  • Square Feet: 8,594
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1966
  • Year Built Source: Vendor Enhanced
  • Other Struct. Feat.: Balcony

Unit Information

  • Units in Complex: 14
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 8

Unit 2

  • Total Bathrooms: 6
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1838
  • Lot Size: 8008
  • Lot Size Source: Appraiser
  • Irrigation System: Drip System
  • Lot Features: City
  • Zoning: LAR4
  • Lot Description: Fenced, Gated Community

Financial Considerations

  • Price Per Sq. Ft.: $459.62
  • Assessment Year: 1966
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 5504-025-021

Listed by Apple Tree Realty, Thomas Yong Kim

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Listing agent

— 453 S Gramercy Pl —

  • Thomas Yong Kim

    Apple Tree Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 453 S Gramercy Pl

School District:Los Angeles Unified School District
NameGradesDistance
Third Street Elementary School
201 South June Street, Los Angeles, CA 90004
K-51.3 mi
John Burroughs Middle School
600 McCadden Place, Los Angeles, CA 90005
7-81.3 mi
Fairfax Senior High School
7850 Melrose Avenue, Los Angeles, CA 90046
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 453 S Gramercy Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$3,950,000
-2.47%
MLS
4/23/2020
Sold
$4,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 453 S Gramercy Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$686
3%
$54,681
4%
2023
$669
5%
$52,558
2%
2022
$640
2%
$51,528
2%
2021
$630
-94%
$50,518
-94%
2020
$10,025
17%
$832,320
14%
2019
$8,588
—
$728,280
2%
2018
$8,552
5798%
$714,000
6308%
2017
$145
1%
$11,143
2%
2016
$143
1%
$10,925
2%
2015
$141
-1%
$10,761
2%
2014
$143
4%
$10,551
—
2013
$137
—
$10,504
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Apple Tree Realty, Thomas Yong Kim

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453 S Gramercy Pl, Los Angeles, CA 90020 (MLS# 26640199) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 453 S Gramercy Pl is currently listed for $3,950,000 and was received on January 16, 2026. Want to learn more about 453 S Gramercy Pl? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.

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