2020 S Gramercy, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath
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2020 S Gramercy
Los Angeles, California 90018
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,666Sq Ft
7,802Lot Size
Property Price
LIST PRICE$1,099,999
EST. MARKET VALUE
$1,114,955
SUMMARY
This 1930s Craftsman represents a Strong Value Opportunity, listed at $1,099,999—positioned well below the $1,114,955 Fair Market Value by 1%. With a Condition Rating of 3, the home features a modern chef's kitchen and original hardwood floors. The expansive 7,802 sqft lot offers significant ADU potential within the Western Heights HPOZ. This property balances historic character with modern utility, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, centrally located Los Angeles residence.
Estimated Market Value
$1,114,955
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2020 S Gramercy Subject 3 bd · 2 ba · 1,666 sqft · $669 | $1,099,999* List Price | 3 | 2 | 1,666 | $669 | - |
A 2057 W 28th Street Sold 3 bd · 3 ba · 1,550 sqft · $692 · 0.6 mi | $1,072,000 | 3 | 3 | 1,550 | $692 | 0.6 mi |
B 2093 W 28th Street Sold 2 bd · 2 ba · 2,020 sqft · $597 · 0.5 mi | $1,205,000 | 2 | 2 | 2,020 | $597 | 0.5 mi |
C 2384 W 30th Sold 3 bd · 2 ba · 1,443 sqft · $568 · 0.9 mi | $820,000 | 3 | 2 | 1,443 | $568 | 0.9 mi |
D 2936 S Harvard Boulevard Sold 3 bd · 2 ba · 1,400 sqft · $625 · 0.8 mi | $875,000 | 3 | 2 | 1,400 | $625 | 0.8 mi |
E 2128 W 30th Street Sold 3 bd · 2 ba · 1,456 sqft · $707 · 0.8 mi | $1,030,000 | 3 | 2 | 1,456 | $707 | 0.8 mi |
F 1839 W 35th Place Sold 2 bd · 1 ba · 1,668 sqft · $468 · 1.0 mi | $780,000 | 2 | 1 | 1,668 | $468 | 1.0 mi |
G 2238 W 28th Street Active 4 bd · 3 ba · 1,532 sqft · $734 · 0.6 mi | $1,124,999 List Price | 4 | 3 | 1,532 | $734 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1930, the property has been well-maintained and features a modern kitchen renovation with high-end Wolf appliances and Quartz countertops. The original hardwood floors are in good condition, and the home appears move-in ready, fitting the 5-15 year renovation criteria for functional, updated living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7802, living area = 1666.
- Historic Character & Modern Upgrades
This 1930s Craftsman in the Western Heights HPOZ perfectly balances original architectural details like tongue-and-groove flooring with a high-end chef's kitchen featuring a Wolf stove and Quartz countertops.
- ADU & Expansion Potential
Situated on an expansive 7,802 sqft lot, the property offers significant value-add potential for an ADU or Junior ADU, providing opportunities for rental income or multigenerational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- HPOZ Regulatory Constraints
Located within a Historic Preservation Overlay Zone, any exterior modifications or ADU developments are subject to strict municipal design guidelines and approval processes.
- Potential Historic Maintenance
As a structure dating back to 1930, the property may require ongoing maintenance or specialized repairs typical of historic homes to preserve its integrity and systems.
About 2020 S Gramercy
LOCATION, LOCATION, LOCATION! A RARE WESTERN HEIGHTS GEM! Opportunities to own a home in sought-after Western Heights are few & far between! Beautifully updated and located within the HPOZ, this distinctive Craftsman blends historic charm with modern convenience—a true oasis in the heart of Los Angeles. A formal foyer, original tongue-and-groove wood flooring, & an impressive original staircase celebrate the home's timeless craftsmanship. The spacious living room features two sets of double doors opening to the shaded backyard, while softly sculpted plaster window alcoves Throughout add old-world romance. The kitchen combines sleek cabinetry & Quartz countertops, 4 Burner Wolf Stove, & stainless steel appliances, complemented by an adjacent formal dining room perfect for entertaining. Upstairs, two generously sized bedrooms are joined by a unique bonus attic space offering possibilities for a playroom, creative retreat, optional 4th bedroom or additional flex space. A flexible downstairs Studio offers potential as a home office, creative studio, media room, or convenient in-law space—ideal for today's work-from-home lifestyle and creative professionals. Outside, discover a private urban retreat surrounded by mature landscaping. The fully fenced backyard offers a peaceful setting for alfresco dining, weekend gatherings, or relaxing in the California sunshine. An expansive front yard, oversized side yard, and rear fenced patio provide more room to entertain. A separate dog run adds flexibility for four-legged family members, Large driveway for any oversized vehicle, up to 4 car parking spaces. UNBEATABLE ACCESS TO THE BEST OF LA! Just minutes from Downtown LA, Hollywood, Culver City, USC, UCLA, Beverly Hills, Just 17 minutes to Santa Monica Beach.Endless Possibilities on a Spacious Lot! A fantastic opportunity to explore adding an ADU and Junior ADU (buyer to verify with local regulations). Create flexible living arrangements for extended family, guests, or multigenerational living—or unlock the potential for additional rental income. Enjoy an incredible mix of dining, shopping, and entertainment, including Bottega Louie, Escala K-Town, Sugarfish, Bestia, The Wiltern, Chapman Market, and Crypto.com Arena, with KOREATOWN & LITTLE BANGLADESH close by. Historic character, flexible living spaces, inviting outdoor areas, & an exceptional central location make this Western Heights home a rare opportunity to enjoy the best of Los Angeles living. Don't miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 7,802 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,666 | 1,670.836 |
| Lot Size | 7,802 | 6,152.156 |
| Price | $1.10M | $1.34M |
| Price per sq ft | $660 | $807 |
| Built year | 1930 | 1941 |
| HOA | $0 | $238 |
| Days on market | 21 | 56 |
Pricing History
Listed for Sale
Oct 19, 2026
$1,099,999
Initial Listing
Sold
Jun 30, 2004
$511,000
Public Record
Sold
Aug 16, 1999
$155,000
Public Record