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$1,585,000
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Property Description
Discover an exceptional investment opportunity in the vibrant heart of Koreatown, Hancock Park! This beautiful building features spacious units with their own laundry rooms, each averaging 1,396 SF, perfect for modern living. With ample parking available and R3 tier3 zoning, the potential here is limitless. The two bedroom units have a den that can be utilized as an extra office space or bedroom. Don't miss your chance to capitalize on this prime location!
Full Property Details
Full Property Details for 854 S Gramercy Pl
General
- Sold For: $1,585,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25576987
- Added to Site: 200 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: In Unit
Additional Information
- Other Features: None
Parking
- Garage Description: Garage Is Detached
Location
- Area: Hancock Park-Wilshire
- County: Los Angeles
- Driving Directions: North of Olympic and East of Wilton.
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 5,584
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1924
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size: 7502
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $303.55
- Assessment Year: 1924
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5092-025-020
Listed by The H Realty, Jeannie K. Lee
Sold by Power Brokers, Yigal Hassid
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Schools
Schools serving 854 S Gramercy Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wilton Place Elementary School 745 South Wilton Place, Los Angeles, CA 90005 | K-5 | 0.2 mi |
John Burroughs Middle School 600 McCadden Place, Los Angeles, CA 90005 | 7-8 | 1.4 mi |
Los Angeles Senior High School 4650 West Olympic Boulevard, Los Angeles, CA 90019 | 9-12 | 1.2 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 854 S Gramercy Pl
Date
Details
Price
Change
Source
9/09/2025
Sold
$1,585,000
-6.49%
MLS
8/11/2025
Listed
$1,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
854 S Gramercy Pl, Los Angeles, CA 90005 (MLS# 25576987) is a Multi-Family property that was sold at $1,585,000 on September 09, 2025. Want to learn more about 854 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.

