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5106 S Gramercy Place, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath

5106 S Gramercy Place, Los Angeles, California 90062 home-pic-0
ACTIVE$724,900
5106 S Gramercy Place, Los Angeles, California 90062
3Beds
2Baths
1,171Sqft
5,399Lot

Price Vs. Estimate

The estimated value ($724,900) is $0 (0%) lower than the list price ($724,900). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Remodel: The property has undergone a comprehensive remodel, including a new kitchen, bathrooms, flooring, paint, plumbing, and electrical fixtures, offering a move-in-ready experience.
Top Cons:
Smaller Square Footage: At approximately 1,200 sq ft, the living space may be considered relatively small for some buyers, especially those seeking larger family homes.

Compared to the nearby listings

Price:$724.9K vs avg $775.0K ($-50,100)43%
Size:1,171 sqft vs avg 1,281 sqft35%
Price/sqft:$619 vs avg $55859%

More Insights

Built in 1911 (114 years old).
Condition: The property, built in 1911, has been remodeled, including a new kitchen and bathrooms, newer windows, new paint, new flooring, new doors, and new plumbing and electrical fixtures. While the original build year is quite old, the extensive remodeling suggests that the major systems and aesthetics are up to date, justifying a 'good' condition score. The images confirm the updated kitchen and bathrooms.
Year Built
1911
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$619
HOA
-
Days on market
-
Sold On
-
MLS number
DW25032990
Home ConditionGood
Features
View-

About this home

Beautiful remodeled craftsman house located in Los Angeles palm tree-lined street in the thriving neighborhood of Park Hills Heights, this 3 bed and 2 bath home features about 1,200 sq ft of living space on a large 5,000+ sq ft lot. Brand new kitchen with breakfast bar, built in stove, dishwasher, spice rack, formal dining room, 2 new remodeled bathrooms, newer windows, central AC, new paint in and out, recess lights, new flooring, new doors, new plumbing and electrical fixtures, new front landscape, the master bedroom is located at the rear of the house for added privacy with large closet and master bathroom. Great neighborhood near it all: close proximity to schools, parks, freeways, USC, Kenneth Hahn State Park, popular local favorite restaurants, and the Crenshaw Plaza redevelopment that is slated to begin in 2026. Don’t miss out on this wonderful opportunity!

Price History

Date
Event
Price
04/18/25
Sold
$750,000
07/12/24
Sold
$505,000
Condition Rating
Good
The property, built in 1911, has been remodeled, including a new kitchen and bathrooms, newer windows, new paint, new flooring, new doors, and new plumbing and electrical fixtures. While the original build year is quite old, the extensive remodeling suggests that the major systems and aesthetics are up to date, justifying a 'good' condition score. The images confirm the updated kitchen and bathrooms.
Pros & Cons

Pros

Extensive Remodel: The property has undergone a comprehensive remodel, including a new kitchen, bathrooms, flooring, paint, plumbing, and electrical fixtures, offering a move-in-ready experience.
Central AC: The property features central air conditioning, providing climate control and comfort throughout the year.
Prime Location: Located in the desirable Park Hills Heights neighborhood, the property is close to schools, parks, freeways, USC, and the upcoming Crenshaw Plaza redevelopment, offering convenience and potential for future appreciation.

Cons

Smaller Square Footage: At approximately 1,200 sq ft, the living space may be considered relatively small for some buyers, especially those seeking larger family homes.
Older Construction: Built in 1911, the property may have underlying issues common in older homes, despite the recent remodel, potentially requiring ongoing maintenance.

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