10404 S Gramercy Place, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 3 bath
10404 S Gramercy Place
Los Angeles, California 90047
Property Price
SUMMARY
Analysis of 10404 S Gramercy Place, Los Angeles, California 90047 reveals a Fairly Priced Property with a current list price of $749,999 aligned with the estimated $749,999 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 |
|---|---|---|---|---|---|---|
★ 10404 S Gramercy Place Subject | $749,999* List Price | 3 | 3 | 1,686 | $445 | - |
A 1412 W 93rd Street Sold | $839,000 | 3 | 3 | 1,752 | $479 | 1.0 mi |
B 1650 W 107th Street Sold | $755,000 | 3 | 3 | 1,369 | $551 | 0.4 mi |
C 10031 S Harvard Boulevard Sold | $600,000 | 3 | 3 | 1,640 | $366 | 0.4 mi |
D 2151 W 108th Street Sold | $865,000 | 4 | 2 | 1,660 | $521 | 0.3 mi |
E 9801 S Hobart Boulevard Active | $895,000 List Price | 3 | 2 | 1,590 | $563 | 0.5 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 1941, the property has undergone an extensive and high-quality renovation, as evidenced by the 'beautifully updated living space' description and the provided images. The kitchen features new white shaker cabinets, modern light-colored countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is also fully updated with a modern vanity, new tiling, and fixtures. The flooring throughout the main living areas appears to be new LVP or engineered wood. All visible components are new or virtually new, meeting current quality standards, indicating a recent renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location & Accessibility
The property boasts a prime Los Angeles location, minutes from the 105 and 110 freeways, and blocks from major entertainment venues like SoFi Stadium, Kia Forum, and YouTube Theater, offering exceptional convenience and appeal.
- Generous & Customizable Lot
A substantial 6,261 sqft lot is a rare find in this urban setting, providing a private backyard oasis with ample space for gatherings, relaxation, and significant potential for expansion or customization, including an ADU.
- Updated & Functional Interior Layout
The 1,686 sqft home features a desirable 3-bedroom, 3-bathroom configuration, described as 'beautifully updated,' offering a comfortable, stylish, and highly functional living space.
CONSRISKS & DEFICIENCIES
- Age of Construction (1941)
While updated, the 1941 build year suggests potential for underlying older infrastructure (e.g., plumbing, electrical, foundation) that may not have been fully modernized, potentially leading to future maintenance considerations.
- Lack of Specific Renovation Details
The description broadly states 'beautifully updated' but lacks specific details on key system upgrades (e.g., HVAC, roof, windows, foundation), which can create uncertainty for buyers regarding the extent and quality of renovations.
- Absence of Cooling System Mention
There is no explicit mention of an air conditioning or modern HVAC system, which is a crucial comfort amenity in Los Angeles' climate and could be a significant consideration for potential buyers.
About 10404 S Gramercy Place
Discover this stunning 3-bedroom, 3-bathroom home located in the heart of Los Angeles, just minutes from the 105 and 110 freeways and only blocks away from the iconic SoFi Stadium. With 1,686 square feet of beautifully updated living space, this home offers the perfect blend of comfort, style, and convenience. The home sits on a generous 6,261 square foot lot, offering a private backyard oasis perfect for gatherings or relaxing weekends. With plenty of room to expand or customize, the outdoor space is a rare find in this area. Situated in a thriving neighborhood with rising home values, this home is close to shopping, restaurants, schools, and major entertainment venues like the Kia Forum and YouTube Theater. Whether you're commuting to work or heading out for a night on the town, the location can’t be beat. This property won’t last long—schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 6,261 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Century Park Elementary School
Grades K-5 • 0.5 mi
Manhattan Place Elementary School
Grades K-5 • 0.5 mi
La Salle Avenue Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 1,686 | 1,373 | 81% |
| Lot Size | 6,261 | 5,405 | 67% |
| Price | $750.0K | $725.0K | 53% |
| Price per sq ft | $445 | $521 | 20% |
| Built year | 1941 | 1931 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 191 | 184 | 53% |
Pricing History
Listed for Sale
Aug 27, 2025
$749,999
Initial Listing
Sold
Dec 24, 2013
$380,000
Public Record