Listing by: Lyonel Katz, Lux Realty, 818-632-5195
5 Beds
4 Baths
2,130SqFt
Active
A K-town residence with opportunity for homeowners and developers alike. This home offers approximately 2,130 square feet of living space, featuring 5 bedrooms and 4 bathrooms. The property includes versatile spaces for guests or potential rental opportunities. The 5,163-square-foot lot is zoned LAR3, allowing for multi-family residential development, and according to the ZIMAS website, the property is ED1 Eligible. This zoning offers potential for future expansion or redevelopment, subject to city planning regulations. While this home needs some TLC, its location in the vibrant and highly walkable Koreatown neighborhood places it in the heart of Los Angeles, with convenient access to neighboring communities and cultural hotspots. Whether you're staying close to home or exploring the city, this property combines development potential with an unbeatable central location.
Property Details | ||
|---|---|---|
| Price | $1,000,000 | |
| Bedrooms | 5 | |
| Full Baths | 4 | |
| Total Baths | 4 | |
| Lot Size Area | 5163 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.1185 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Single Family Residence | |
| Stories | 2 | |
| Exterior Features | Sidewalks | |
| Year Built | 1923 | |
| View | None | |
| Lot Description | Value In Land | |
| Laundry Features | Inside | |
| Pool features | None | |
| Parking Spaces | 1 | |
| Garage spaces | 1 | |
| Association Fee | 0 | |
Geographic Data | ||
| Directions | Gramercy place/ 7th street | |
| County | Los Angeles | |
| Latitude | 34.059419 | |
| Longitude | -118.313488 | |
| Market Area | KREA - Koreatown | |
Address Information | ||
| Address | 711 S Gramercy Place, Los Angeles, CA 90005 | |
| Postal Code | 90005 | |
| City | Los Angeles | |
| State | CA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Lux Realty | |
| Listing Agent | Lyonel Katz | |
| Listing Agent Phone | 818-632-5195 | |
| Attribution Contact | 818-632-5195 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Standard | |
| Ownership | None | |
School Information | ||
| District | Los Angeles Unified | |
MLS Information | ||
| Days on market | 1 | |
| MLS Status | Active | |
| Listing Date | Dec 4, 2024 | |
| Listing Last Modified | Dec 5, 2024 | |
| Tax ID | 5092027023 | |
| MLS Area | KREA - Koreatown | |
| MLS # | SR24243687 | |
This information is believed to be accurate, but without any warranty.