1624 S S Gramercy Pl, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 2 bath
ACTIVE$1,200,000
1624 S S Gramercy Pl, Los Angeles, California 90019
5Beds
2Baths
3,016Sqft
8,922Lot
Year Built
1907
Close
-
List price
$1.2M
Original List price
$1.4M
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
240022820SD
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.20M(34th), sqft - 3016(92th), beds - 5(91th), baths - 2(50th).
Sale of the property is subject to & conditioned upon approval by the Mortgage Servicer and Seller makes no warranties or representation expressed or implied, concerning Property.
Price History
Date
Event
Price
05/09/17
Sold
$900,000
Condition Rating
Poor
The property was built in 1907 and the description mentions that the sale is subject to mortgage servicer approval, suggesting potential issues. The single image provided shows a dated interior. Given the age and lack of information about renovations, it's likely that the property requires substantial repairs and rehabilitation, especially in the kitchen and bathrooms. It's likely that the property has significant defects affecting safety, soundness, or structural integrity.
Pros & Cons
Pros
Large Living Space: The property boasts a spacious 3,016 sqft, offering ample room for a large family or entertaining guests.
Generous Lot Size: With a lot size of 8,922 sqft, the property provides significant outdoor space for various activities and potential landscaping opportunities.
Potential for Customization: The property's age (built in 1907) and size present a unique opportunity for renovation and customization to modern standards while retaining its historical charm.
Cons
Mortgage Servicer Approval Required: The sale is contingent upon approval by the Mortgage Servicer, potentially leading to delays or complications in the transaction.
As-Is Condition: The property is sold in 'as-is' condition, which may necessitate further inspection and potential investment in repairs or upgrades by the buyer.