1019 S Gramercy, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 5 bath
1019 S Gramercy
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 1019 S Gramercy, Los Angeles, California 90019 reveals a Fairly Priced Property with a current list price of $1,490,000 aligned with the estimated $1,481,472 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1019 S Gramercy Subject | $1,490,000* List Price | 5 | 5 | 2,654 | $558 | - |
A 907 Westchester Place Sold | $1,850,000 | 4 | 4 | 3,456 | $535 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1911, this property has undergone a complete and extensive renovation, as stated in the description and evidenced by the images. The kitchen features new white shaker cabinets, sleek countertops, stainless steel appliances, and modern tile flooring. Most bathrooms are also fully updated with contemporary vanities, fixtures, and tiling. Throughout the home, there is new hardwood flooring, recessed lighting, fresh paint, and modern systems (e.g., central AC units visible). The overall condition is virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Charm & Modern Renovation
The property, built in 1911, masterfully blends its original character with comprehensive modern luxury renovations, making it completely transformed and move-in ready.
- Prime Los Angeles Location
Situated in the coveted Country Club Heights neighborhood, offering excellent proximity to premier dining, shopping, and entertainment in a highly desirable area of Los Angeles.
- Turnkey Condition
Described as 'completely transformed' and a 'turnkey home' where 'no detail has been overlooked,' indicating it's ready for immediate occupancy without further investment in renovations.
CONSRISKS & DEFICIENCIES
- Lack of Defined Views
The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas, especially in a desirable Los Angeles location.
- Recent Price Reduction
The listing history shows a recent price reduction from $1.55M to $1.49M, which might suggest a longer time on market or initial overpricing, potentially impacting buyer perception.
- Virtual Staging Disclosure
The description notes that 'Certain areas of the house have been virtually staged,' which can sometimes lead to a disconnect between online presentation and the physical reality for some buyers.
About 1019 S Gramercy
Welcome to a perfect blend of historic charm and modern luxury! This stunning property in the coveted Country Club Heights neighborhood has been completely transformed and is now move-in ready, featuring 5 spacious bedrooms and 4 elegant bathrooms. Step inside to discover a home where no detail has been overlooked. The heart of the house is a bright, open-concept kitchen featuring sleek countertops, and a stylish island perfect for entertaining. The generous living area flows seamlessly, creating an ideal space for both daily living and hosting gatherings. This home masterfully preserves its original character while offering all the contemporary comforts you desire. Located in one of Los Angeles's most desirable areas, you're just moments away from premier dining, shopping, and entertainment. Certain areas of the house have been virtually staged. Don't miss your chance to own a piece of perfected LA history. This turnkey home won't last long! Schedule your private tour today and experience modern elegance in a classic setting!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 6,252 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 2.0 | 93% |
| Square foot | 2,654 | 1,796 | 85% |
| Lot Size | 6,252 | 6,102 | 51% |
| Price | $1.49M | $1.36M | 57% |
| Price per sq ft | $561 | $762 | 15% |
| Built year | 1911 | 1925 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 172 | 25% |
Pricing History
Listed for Sale
Jan 17, 2026
$1,490,000
$1,550,000
-4% Price Drop
Initial Listing
Price Change
Oct 31, 2025
$1,550,000
Initial Listing