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3612 S Gramercy Place, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 1 bath

3612 S Gramercy Place, Los Angeles, California 90018 home-pic-0

Price Vs. Estimate

The estimated value ($565,000) is $0 (0%) lower than the list price ($565,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Neighborhood Growth: Located in the vibrant and rapidly transforming West Adams area, this property benefits from increasing value, new developments, and proximity to major cultural and educational landmarks like USC, Exposition Park, and the Crypto.com Arena.
Top Cons:
Extensive Renovation Required: Explicitly a 'fixer-upper,' the property demands substantial investment in time, resources, and capital for restoration and modernization, which may deter some buyers.

Compared to the nearby listings

Price:$565.0K vs avg $882.5K ($-317,500)11%
Size:984 sqft vs avg 1,494.5 sqft15%
Price/sqft:$574 vs avg $61935%

More Insights

Built in 1914 (112 years old).
Condition: Built in 1914, this property is explicitly marketed as a 'fixer-upper' requiring 'extensive renovation.' The exterior images reveal significant deferred maintenance, outdated materials (pinkish stucco, stone veneer, old awning), and unkempt landscaping. While the structure appears salvageable for restoration, the age and description strongly indicate that major systems (electrical, plumbing, HVAC) and all interior components, including kitchen and bathroom, will require substantial repairs and rehabilitation to meet modern standards and ensure safety and comfort.
Year Built
1914
Close
-
List price
$565K
Original List price
$550K
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
PW24253732
Home ConditionPoor
Features
View-

About this home

California Craftsman Bungalow Fixer-Upper Ready for Investor or Owner-user - Unlock the potential of this charming 1914 home and restore it to its original beauty in the rapidly transforming West Adams community of Jefferson Park. Just 7 minutes from USC, this property offers a unique opportunity to create your masterpiece while being close to a wealth of cultural and educational landmarks. Prime Location: Located in the vibrant West Adams area, this home is minutes from USC, Exposition Park, the new Crypto.com Arena and the L.A. Memorial Coliseum. Endless Potential: Ideal for investors or homeowners looking to restore a historic gem. This property offers a canvas for a stunning renovation with classic early-20th-century architecture. Neighborhood Transformation: West Adams is one of LA’s most dynamic neighborhoods, with increasing value and new developments. The area is attracting creatives, professionals, and entrepreneurs looking to be close to the heart of the city.

L
Lilli Oden
Listing Agent

Nearby schools

4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.1mi
3/10
Sixth Avenue Elementary School
Public,•K-5•0.6mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.7mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.8mi
3/10
Lenicia B. Weemes Elementary School
Public,•K-5•1.0mi
2/10
John W. Mack Elementary School
Public,•K-5•1.2mi
3/10
Normandie Avenue Elementary School
Public,•K-5•1.6mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.7mi
/10
Maple Primary Center
Public,•K-1•2.5mi
3/10
Trinity Street Elementary School
Public,•K-5•2.6mi
2/10
Audubon Middle School
Public,•6-8•1.3mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.4mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•2.2mi
5/10
Foshay Learning Center
Public,•K-12•0.5mi
3/10
Manual Arts Senior High School
Public,•9-12•1.6mi
4/10
West Adams Preparatory High School
Public,•9-12•1.8mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.9mi
5/10
Santee Education Complex
Public,•9-12•3.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.7mi
Condition Rating
Poor
Built in 1914, this property is explicitly marketed as a 'fixer-upper' requiring 'extensive renovation.' The exterior images reveal significant deferred maintenance, outdated materials (pinkish stucco, stone veneer, old awning), and unkempt landscaping. While the structure appears salvageable for restoration, the age and description strongly indicate that major systems (electrical, plumbing, HVAC) and all interior components, including kitchen and bathroom, will require substantial repairs and rehabilitation to meet modern standards and ensure safety and comfort.
Pros & Cons

Pros

Cons

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