741 1/2 N Gramercy, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

741 1/2 N Gramercy, Los Angeles, California 90038 home-pic-0

741 1/2 N Gramercy

Los Angeles, California 90038

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
4Baths
2,267Sq Ft
1,704Lot Size

Property Price

LIST PRICE$1,350,000
EST. MARKET VALUE
$1,357,516

SUMMARY

Estimated Market Value

$1,357,516
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
741 1/2 N Gramercy
Subject
$1,350,000*
List Price
342,267$599-
A
922 N Ridgewood Pl
Sold
$1,275,000342,240$5690.2 mi
B
1244 1/2 Gordon Street
Sold
$1,183,000341,939$6100.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2019, this modern home is within the 10-year threshold for excellent condition. It features high-end Thermador appliances, Fleetwood windows, solid mahogany doors, and integrated smart-home technology. The property is described as turn-key with a freshly painted interior and premium finishes, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern Luxury & Smart Technology

    Built in 2019, this turn-key home features high-end finishes including Thermador appliances, Fleetwood windows, and a fully integrated Control 4 smart-home system with upgraded audio.

  • Exceptional Outdoor Living

    The property boasts a massive private rooftop patio providing rare panoramic views of the Hollywood Sign, Downtown LA, and West Hollywood, ideal for sophisticated entertaining.

  • Detached Privacy & Parking

    Offering the privacy of a single-family residence with no common walls, the home also includes a highly desirable direct-access, side-by-side two-car garage.

CONSRISKS & DEFICIENCIES

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1704, living area = 2267.

  • Limited Yard Space

    With a lot size of only 1,704 square feet, the property lacks a traditional backyard or green space, which may be a drawback for pet owners or those seeking ground-level outdoor areas.

  • High-Density Urban Setting

    The '1/2' address and small lot subdivision format indicate a high-density environment that may result in limited privacy from immediate neighbors and typical urban noise.

About 741 1/2 N Gramercy

Welcome to 741 ½ N Gramercy Place, a beautiful turn-key house in East Hollywood. Built in 2019, and sharing no common walls with other units, this 3 bed/3.5 bath 2267 SF home offers a spacious open floor plan with high ceilings plus a massive rooftop patio. With floor-to-ceiling windows plus the expansive private patio, this home provides panoramic views of Los Angeles, including landmarks such as the iconic Hollywood Sign, downtown LA, and West Hollywood. The home is equipped with “Control 4” smart-home technology with upgraded speakers; two on the first floor, and two on the roof. With a chef’s kitchen, high-tech wiring, and ample room for seating, dining, and relaxation, the home is ideal for sophisticated entertaining. It includes a direct 2-car side by side parking garage, and has freshly painted interior. Abundant quality features such as solid mahogany 8-foot entry doors, Fleetwood Windows, sliding doors, LED lighting, wood floors and staircases, and kitchens equipped with Thermador appliances. Conveniently located close to some of the best shopping and dining in LA (a few minutes to Korean Town and Thai Town), as well as local hiking trails and nightlife in Hollywood. It’s a must-see!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2019
Lot Size
1,704 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$103.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.04.0
50%
Square foot2,2671,834.5
79%
Lot Size1,7043,100
43%
Price$1.35M$1.24M
64%
Price per sq ft$596$682
21%
Built year20192014
71%
HOA$103.0$0
79%
Days on market53171
7%

Pricing History

Listed for Sale

Feb 25, 2026

$1,350,000

$1,450,000

-7% Price Drop

Initial Listing

Price Change

Jan 12, 2026

$1,450,000

Initial Listing

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