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$685,000
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Property Description
Investors Dream Trust Sale!!! A must-see historical gem triangulated between Leimert Park, Angeles Mesa and famed View Park Windsor Hills. This is a highly sought after 1911 Craftsman style home with plenty of curb appeal offering a 3bed, 2 bath floor-plan, large 1,400+ sqft interior footprint, and even larger 5200+ sqft lot inviting many options for development. Build either a 4 unit income apartment, two 2 story-luxury townhomes or possible TOC apartment. Where ever you imagination can take you, this property can deliver. This is the perfect blank canvas for a multi unit or a brand new Cape cod styled Single family residence. Customize this R1 zoned Lot to build a quadplex income earner or SFR home equipped with up to 2 ADU's to attract the most discerning Investors. This Property is a true development Deal for a Builder or end user. Please review supplements in the supplement section. This rare find won't last long.
Full Property Details
Full Property Details for 4929 S Gramercy Pl
General
- Sold For: $685,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SR25190938
- Added to Site: 187 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Bonus Room, Den, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
- Interior Features: Attic Fan, Corian Counters, Formica Counters, High Ceilings, Open Floorplan, Pantry, Phone System, Storage, Tile Counters
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Family Kitchen, Dining Room
- Appliances: Dishwasher, Freezer, Gas Oven, Icemaker, Microwave, Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Brick, Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Driveway, Garage, Garage (Single Door)
Location
- County: Los Angeles
- Driving Directions: From 110 Fwy. Exit Crenshaw Blvd South and turn left on 48th St. then turn right on Gramercy Place. Home is on your Right
- Direction Faces: East
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks, Street Lights, Urban
Heating & Cooling
- Cooling Type: Central Air, ENERGY STAR Qualified Equipment
- Heating Type: Central, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Craftsman
- Structure Type: Single Family Residence
- Construction: Block, Brick, Cement Siding, Concrete, Drywall Walls, Fiberglass Siding, Stucco
- Foundation: Raised
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Drapes, Wood Frames
- Doors: Mirror Closet Door(s)
- Disability Access: 2 or More Accessible Exits, Grab Bars In Bathroom(s), Main-Level Ramp
- Entry Location: Front Porch
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,402
- Sq. Ft. Source: Assessor
- Year Built: 1911
- Year Built Source: Assessor
- Property Condition: Fixer
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.1194
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: LAR4
- Lot Description: 0-1 Unit/Acre, Rectangular Lot, Sprinklers in Front
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $488.59
Disclosures and Reports
- Special Conditions: Trust
Listed by Sotheby's International Realty, Jahmall Ellis
Sold by Compass, ELIZABETH SANCHEZ
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Schools
Schools serving 4929 S Gramercy Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Western Avenue Technology Magnet 1724 West 53rd Street, Los Angeles, CA 90062 | K-5 | 0.5 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 0.4 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 0.9 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 4929 S Gramercy Pl
Date
Details
Price
Change
Source
1/28/2026
Sold
$685,000
-2%
MLS
11/11/2025
Price Reduced
$699,000
-2.24%
MLS
10/27/2025
Price Reduced
$715,000
-3.38%
MLS
8/28/2025
Listed
$739,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4929 S Gramercy Place, Los Angeles, CA 90062 (MLS# SR25190938) is a Single Family property that was sold at $685,000 on January 28, 2026. Want to learn more about 4929 S Gramercy Place? Do you have questions about finding other Single Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

