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2055 N Gramercy, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 3 bath

2055 N Gramercy, Los Angeles, California 90068 home-pic-0
ACTIVE$2,825,000$1,938/sqft
Est. Value: $2,383,986
-15%
AboveEstimate
2055 N Gramercy, Los Angeles, California 90068
3Beds
3Baths
1,938Sqft
6,237Lot

Price Vs. Estimate

The estimated value ($2,383,986.395) is $441,013.605 (15%) lower than the list price ($2,825,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unparalleled Panoramic Views: The property boasts sweeping skyline, hillside, and city light views from walls of glass and multiple vantage points, including jetliner double-exposure views from the primary suite, significantly enhancing its appeal.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6237, other record lot size in square feet = 9492.

Compared to the nearby listings

Price:$2.83M vs avg $1.77M (+$1,057,500)81%
Size:1,938 sqft vs avg 2,276 sqft39%
Price/sqft:$1.5K vs avg $87798%

More Insights

Built in 1959 (67 years old).
Condition: Despite being built in 1959, the property has undergone an extensive and high-quality renovation, as described ('thoughtfully reimagined') and clearly depicted in the images. The kitchen features premium appliances (Wolf range, Sub-Zero style fridge), custom cabinetry, and modern finishes. All bathrooms are spa-inspired with contemporary fixtures, tiling, and vanities. Flooring, lighting (recessed and modern track lighting), and overall finishes throughout the home are new or virtually new, meeting current quality standards with no visible deferred maintenance. This aligns perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1959
Close
-
List price
$2.83M
Original List price
$2.83M
Price/Sqft
$1,458
HOA
-
Days on market
-
Sold On
-
MLS number
26638933
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Hills, Panoramic
Deck
Patio
ViewCity Lights,Canyon,Hills,Panoramic

About this home

Perched above the city in the coveted Los Feliz Oaks, this striking mid-century retreat is a study in architectural drama and effortless sophistication. Walls of glass frame sweeping skyline and hillside views, flooding the home with natural light and creating a seamless connection between indoors and out. Thoughtfully reimagined, the residence blends timeless mid-century character with modern refinement, rich wood tones, sculptural stone elements, and curated finishes throughout. The open living spaces unfold offering a dynamic layout ideal for both intimate evenings and vibrant entertaining. A statement kitchen anchors the home, outfitted with premium appliances, custom cabinetry, and a separate bar area, which is a highlight of the home. Elevated sight lines draw the eye outward to the surrounding landscape and stunning city views. A separate private suite sits above the main living area, offering tranquil views through mature eucalyptus. The secluded primary retreat can be closed off and enjoys jetliner double-exposure city views, generous closet space, and a spa-inspired bath. A third bedroom and additional bath complete the home's flexible floor plan. Outdoor living is equally compelling, with a sun-drenched front patio, a grassy side yard, and a dining terrace just off the kitchen, each designed to take full advantage of the setting and an entertainer's paradise. A two-car garage can be used as a home studio, office, or gym. Tucked away at the end of a quiet cul-de-sac, yet moments from the energy of Los Feliz and Hollywood, this is a rare opportunity to experience iconic California living at its most refined. generational retreat.

M
Monet Berger
Listing Agent

Nearby schools

6/10
Cheremoya Avenue Elementary School
Public,•K-6•0.5mi
4/10
Grant Elementary School
Public,•K-6•0.6mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.2mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.4mi
8/10
Valley View Elementary School
Public,•K-6•2.2mi
7/10
Gardner Street Elementary School
Public,•K-6•2.3mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•3.8mi
7/10
Rio Vista Elementary School
Public,•K-5•4.2mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.9mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.0mi
5/10
David Starr Jordan Middle School
Public,•6-8•4.0mi
6/10
Walter Reed Middle School
Public,•6-8•5.2mi
6/10
Hollywood Senior High School
Public,•9-12•1.6mi
8/10
John Marshall Senior High School
Public,•9-12•2.0mi
7/10
Fairfax Senior High School
Public,•9-12•3.2mi
7/10
Burroughs High School
Public,•9-12•4.4mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•5.3mi
8/10
North Hollywood Senior High School
Public,•9-12•5.9mi

Price History

Date
Event
Price
03/31/94
Sold
$385,000
02/02/21
Sold
$2,900,000
02/09/18
Sold
$1,725,000
02/17/06
Sold
$1,540,000
Condition Rating
Excellent
Despite being built in 1959, the property has undergone an extensive and high-quality renovation, as described ('thoughtfully reimagined') and clearly depicted in the images. The kitchen features premium appliances (Wolf range, Sub-Zero style fridge), custom cabinetry, and modern finishes. All bathrooms are spa-inspired with contemporary fixtures, tiling, and vanities. Flooring, lighting (recessed and modern track lighting), and overall finishes throughout the home are new or virtually new, meeting current quality standards with no visible deferred maintenance. This aligns perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Unparalleled Panoramic Views: The property boasts sweeping skyline, hillside, and city light views from walls of glass and multiple vantage points, including jetliner double-exposure views from the primary suite, significantly enhancing its appeal.
Architectural Style & Modern Renovation: A striking mid-century retreat, thoughtfully reimagined to blend timeless character with modern refinement, featuring rich wood tones, sculptural stone elements, and curated high-end finishes throughout.
Prime & Private Location: Perched in the coveted Los Feliz Oaks, at the end of a quiet cul-de-sac, offering seclusion while remaining moments from the vibrant energy of Los Feliz and Hollywood.
Sophisticated Entertaining Spaces: Features open living spaces, a statement kitchen with premium appliances and a separate bar area, and compelling outdoor living with a sun-drenched patio, grassy side yard, and dining terrace, all designed for entertaining.
Luxurious & Flexible Living Options: Includes a secluded primary retreat with a spa-inspired bath and generous closet space, a separate private suite, and a versatile two-car garage adaptable as a home studio, office, or gym.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6237, other record lot size in square feet = 9492.
Absence of Explicit HVAC System: The property description does not mention a central air conditioning system, which is a highly desired amenity in Los Angeles, especially for a home with extensive glass that could lead to significant heat gain.
Potential for Age-Related Infrastructure Concerns: Despite being 'reimagined,' the 1959 build year suggests that core infrastructure systems (e.g., plumbing, electrical, roof, foundation) may not have been fully updated, potentially leading to future maintenance or upgrade costs.
Limited Traditional Flat Yard Space: While offering compelling outdoor living with patios and a grassy side yard, the 'perched above the city' nature and lot size may limit expansive flat lawn areas, which some buyers desire for large-scale active recreation or a substantial pool.
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