Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,350,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
7 units in Prime Koreatown west of Western Ave in a Walker's Paradise (92 Walk Score). A true value-add opportunity with 30% upside (8%+ cap at market), the asset is incredibly well positioned for an investor to steward to new heights with upgrades, unit turnover and potential ADUs. Priced at $192k per unit and a 5.6% cap rate, the offering represents an attractive basis well below replacement cost and competitive cashflow right out of the gate. Most of the upside is concentrated across three longer-tenured units, making the upside capture more manageable. This stretch of Gramercy Dr. is quiet with low density residential and single family homes mixed with mid-sized apartment buildings. Within just a few blocks, residents can enjoy an incredible array of dining, retail and entertainment options including The Wiltern Theatre, Western Plaza and Koreatown Plaza.

Full Property Details for 736 Gramercy Dr

General

  • Price: $1,350,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26996819
  • Updated: 10/5/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Security/Safety: Gated
  • Other Features: None

Parking

  • Covered Spaces: 4
  • Garage Description: Carport, Driveway

Location

  • Area: Hancock Park-Wilshire
  • County: Los Angeles
  • Driving Directions: West of Western, North of 8th St.
  • Direction Faces: West

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Architectural Style: Mid-Century
  • Stories/Levels: 2
  • Square Feet: 6,076
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1955
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 7
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1435
  • Lot Size: 6251
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $222.19
  • Assessment Year: 1955
  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Disclosures/Reports: As Is, Rent Control
  • APN: 5092-028-016

Listed by CB Richard Ellis, Inc., Adam Peterson

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 736 Gramercy Dr —

  • Adam Peterson

    CB Richard Ellis, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 736 Gramercy Dr

School District:Los Angeles Unified School District
NameGradesDistance
Wilton Place Elementary School
745 South Wilton Place, Los Angeles, CA 90005
K-50.2 mi
John Burroughs Middle School
600 McCadden Place, Los Angeles, CA 90005
7-81.4 mi
Los Angeles Senior High School
4650 West Olympic Boulevard, Los Angeles, CA 90019
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 736 Gramercy Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/05/2026
Listed
$1,350,000
1.5%
MLS
5/11/2015
Sold
$1,330,000
—
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 736 Gramercy Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,214
—
$1,630,422
2%
2025
$20,214
3%
$1,598,454
4%
2023
$19,584
5%
$1,537,135
2%
2022
$18,706
1%
$1,507,010
2%
2021
$18,456
-1%
$1,477,477
1%
2020
$18,636
4%
$1,462,336
2%
2019
$17,922
1%
$1,432,928
2%
2018
$17,795
2%
$1,404,832
2%
2017
$17,379
3%
$1,377,287
2%
2016
$16,949
197%
$1,350,282
226%
2015
$5,707
-1%
$413,923
2%
2014
$5,777
—
$405,816
—
2013
$5,761
—
$403,983
—
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.

Estimate the Cost for 736 Gramercy Dr

$
Down Payment
%
$
%

$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by CB Richard Ellis, Inc., Adam Peterson

Similar Properties near 736 Gramercy Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

826 S Park View St, Los Angeles, CA 90057 - Photo 1
$1,300,000

826 S Park View St  Los Angeles, CA 90057

  • Multi-Family
  • Active
  • 9
    Total Beds
3815 Don Tomaso Dr, Los Angeles, CA 90008 - Photo 1
$1,300,000

3815 Don Tomaso Dr  Los Angeles, CA 90008

  • Multi-Family
  • Active
  • 9
    Total Beds
145 N Toluca St, Los Angeles, CA 90026 - Photo 1
$1,250,000

145 N Toluca St  Los Angeles, CA 90026

  • Multi-Family
  • Active
  • 9
    Total Beds
1420 W 22nd St, Los Angeles, CA 90007 - Photo 1 Just Listed
$1,275,000

1420 W 22nd St  Los Angeles, CA 90007

  • Multi-Family
  • Active
  • Updated 4 days ago
  • 10
    Total Beds

Just Listed near 736 Gramercy Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

399 Amalia, East Los Angeles, CA 90022 - Photo 1 Just Listed
$785,000

399 Amalia  East Los Angeles, CA 90022

  • Single Family
  • Active
  • Updated 15 hours ago
  • 5
    Beds
  • 2
    Total Baths
  • 1,576
    Sq. Ft.
959 S Hillview Ave, East Los Angeles, CA 90022 - Photo 1 Just Listed
$779,000

959 S Hillview Ave  East Los Angeles, CA 90022

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,942
    Sq. Ft.
6206 Woodlawn Ave, Bell, CA 90201 - Photo 1 Just Listed
$749,000

6206 Woodlawn Ave  Bell, CA 90201

  • Multi-Family
  • Active
  • Updated 5 hours ago
333 Burchett St, Glendale, CA 91203 - Photo 1 Just Listed
$549,000

333 Burchett St  #206  Glendale, CA 91203

  • Condo
  • Active
  • Updated 4 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,019
    Sq. Ft.

Price Reduced near 736 Gramercy Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5500 S Santa Fe, Vernon, CA 90058 - Photo 1 Price Reduced
-$30,000 (-1.64%)
$1,795,000

5500 S Santa Fe  Vernon, CA 90058

  • Industrial
  • Active
  • Updated 6 days ago
  • 6,550
    Sq. Ft.
  • 0.2257
    Acres
6308 Albany St, Huntington Park, CA 90255 - Photo 1 Price Reduced
-$20,009 (-2.78%)
$699,990

6308 Albany St  Huntington Park, CA 90255

  • Single Family
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,024
    Sq. Ft.
1117 N Herbert Ave, East Los Angeles, CA 90063 - Photo 1 Price Reduced
-$24,000 (-3.7%)
$625,000

1117 N Herbert Ave  East Los Angeles, CA 90063

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 832
    Sq. Ft.
3991 Hubert Ave, Leimert Park, CA 90008 - Photo 1 Price Reduced
-$9,000 (-0.7%)
$1,280,000

3991 Hubert Ave  Leimert Park, CA 90008

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,735
    Sq. Ft.

Recent Sales near 736 Gramercy Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

849 3rd Ave, Los Angeles, CA 90005 - Photo 1 Sold
$1,335,000

849 3rd Ave  Los Angeles, CA 90005

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,036
    Sq. Ft.
3785 Wilshire Blvd, Los Angeles, CA 90010 - Photo 1 Sold
$1,350,000

3785 Wilshire Blvd  #1712  Los Angeles, CA 90010

  • Condo
  • Closed
  • 2
    Beds
  • 3
    Total Baths
  • 1,690
    Sq. Ft.
717 S Bronson Ave, Los Angeles, CA 90005 - Photo 1 Sold
$1,480,000

717 S Bronson Ave  Los Angeles, CA 90005

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 2,706
    Sq. Ft.
670 Crenshaw, Los Angeles, CA 90005 - Photo 1 Sold
$1,550,000

670 Crenshaw  Los Angeles, CA 90005

  • Single Family
  • Closed
  • 8
    Beds
  • 5
    Total Baths
  • 4,903
    Sq. Ft.

736 Gramercy Dr, Los Angeles, CA 90005 (MLS# 26996819) is a Multi-Family property with units containing 9 bedrooms and 0 full bathrooms. 736 Gramercy Dr is currently listed for $1,350,000 and was received on October 05, 2026. Want to learn more about 736 Gramercy Dr? 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.

Tour this property