705 S Gramercy Pl

Los Angeles CA 90005

3640 sq. ft.

5164 sq. ft.

Other

Currently for sale - view listing

Overview

Welcome to 705-707 S Gramercy Place, a premier duplex zoned LAR3 perfectly situated at the highly desirable crossroads of Koreatown, Mid-Wilshire, and Hancock Park. This rare property offers the space and feel of two single-family homes, making it an ideal choice for an owner-user looking to live in one unit while generating premium income from the other, or an investor seeking a high-quality asset in a robust market. All units are individually metered for water, gas, and electricity, providing ease of utility management. Property Highlights: *Massive Unit Sizes: Boasting approximately 3,640 total square feet, the property is split into an upstairs and a downstairs unit that span an incredibly generous ~1,820 square feet each. Both units offer expansive, open-concept living areas and large bedrooms, providing a scale of living rarely found in the city's multi-family properties. *Premium Secured Parking: A true rarity for the neighborhood, parking will never be an issue. The property features a secure, automatic remote-controlled driveway gate that opens to a sprawling rear lot. It includes a covered two-car garage along with ample open parking spaces, easily accommodating multiple vehicles for both units with ultimate privacy and peace of mind. *Unbeatable Location: Located in the vibrant heart of LA, residents are just moments away from world-class dining, trendy cafes, shopping, and entertainment. With incredible walkability and immediate access to major transit lines, the best of city living is right outside the front door. With sprawling floor plans, highly coveted gated parking, and a turnkey location, this duplex is a standout must-see. Don't miss your chance to own a significant piece of prime Los Angeles real estate!

Features

6 bedrooms

5 bathrooms

6 carspaces

4 open car spaces

2 garage spaces

3640 sq. ft. floor area

5164 sq. ft. lot size

Other

Property history for 705 S Gramercy Pl

2017

Sold

$3,500

31 Jul 2017 by Jamie Lee

2017

Rented

Undisclosed

24 Jul 2017 by I&J Properties

2016

Rented

Undisclosed

18 May 2016 by I&J Properties

Happy sellers in Los Angeles

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