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4611 S Gramercy Pl, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 3 bath

4611 S Gramercy Pl, Los Angeles, California 90062 home-pic-0
ACTIVE$900,000
4611 S Gramercy Pl, Los Angeles, California 90062
4Beds
3Baths
2,626Sqft
6,500Lot

Price Vs. Estimate

The estimated value ($900,000) is $0 (0%) lower than the list price ($900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Craftsman Charm: This spacious 1908 Craftsman home is full of character, featuring classic architectural details and hardwood floors, offering a desirable aesthetic.
Top Cons:
Outdated Kitchen Condition: The kitchen, though previously updated, now shows signs of age and could benefit significantly from repairs or upgrades to meet modern expectations.

Compared to the nearby listings

Price:$900.0K vs avg $780.0K (+$120,000)68%
Size:2,626 sqft vs avg 1,301 sqft95%
Price/sqft:$343 vs avg $5575%

More Insights

Built in 1908 (117 years old).
Condition: Built in 1908, this Craftsman home retains its original character but the key areas like the kitchen and bathrooms are significantly dated. The description notes the kitchen, though previously updated, 'shows signs of age and could benefit from repairs or upgrades.' Images confirm this with light wood cabinetry, a dated tile backsplash, and appliances that appear functional but not modern. The bathrooms feature older tile styles, vanities, and fixtures (e.g., peach/tan and green square tiles, jetted tub) that suggest renovations from 15-30 years ago. While the hardwood floors are a plus, the property requires minor updates and cosmetic renovations to meet current aesthetic and functional standards, aligning with a 'Fair' condition.
Year Built
1908
Close
-
List price
$900K
Original List price
$1.05M
Price/Sqft
$343
HOA
-
Days on market
-
Sold On
-
MLS number
RS25126688
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

This spacious 4-bedroom, 3-bath Craftsman home is full of character and ready for your vision. The first floor features hardwood floors, a formal dining room, and a living room currently used as a Primary Suite with a dressing room, Jack & Jill bath, and two additional generously sized bedrooms. The kitchen, though previously updated, now shows signs of age and could benefit from repairs or upgrades. It includes custom cabinetry with glass fronts, double ovens, dishwasher, drawers, and a six-burner cooktop. A large laundry room overlooks the backyard. Upstairs holds great potential, with a sizable Primary Suite featuring a fireplace, dual vanities, spa tub, large shower, walk-in closet, and a cozy office with views. There's also access to an unfinished attic, ideal for storage or future expansion. Sitting on an R2 lot, this home offers an excellent opportunity for investors, multi-family living, or a spacious residence that you can truly make your own.

Condition Rating
Fair
Built in 1908, this Craftsman home retains its original character but the key areas like the kitchen and bathrooms are significantly dated. The description notes the kitchen, though previously updated, 'shows signs of age and could benefit from repairs or upgrades.' Images confirm this with light wood cabinetry, a dated tile backsplash, and appliances that appear functional but not modern. The bathrooms feature older tile styles, vanities, and fixtures (e.g., peach/tan and green square tiles, jetted tub) that suggest renovations from 15-30 years ago. While the hardwood floors are a plus, the property requires minor updates and cosmetic renovations to meet current aesthetic and functional standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Historic Craftsman Charm: This spacious 1908 Craftsman home is full of character, featuring classic architectural details and hardwood floors, offering a desirable aesthetic.
R2 Zoning & Investment Potential: Situated on an R2 lot, the property offers excellent opportunities for investors, multi-family living, or future development.
Luxurious Primary Suite: The upstairs features a sizable Primary Suite complete with a fireplace, dual vanities, spa tub, large shower, walk-in closet, and a dedicated office with views.
Spacious & Versatile Layout: With 4 bedrooms and 3 baths across 2626 sqft, the home provides a generous and flexible floor plan, including a formal dining room and large laundry room.
Expansion Potential & Views: The property includes access to an unfinished attic, ideal for storage or future expansion, and offers desirable city lights views from the upstairs office.

Cons

Outdated Kitchen Condition: The kitchen, though previously updated, now shows signs of age and could benefit significantly from repairs or upgrades to meet modern expectations.
Age-Related Maintenance: Built in 1908, the property may require ongoing maintenance and potential updates to older systems (e.g., plumbing, electrical, HVAC) typical of homes of this vintage.
Significant Price Reduction: The property has undergone a notable price reduction from its original list price, which could indicate initial overpricing or a perceived lack of value, potentially affecting buyer perception.

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