9106 S Gramercy Place, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath
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Los Angeles, California 90047
This 1942 Single-Family Residence is a strategic Value-Add Asset in a high-accessibility Los Angeles corridor. Listed at $899,000, the property is positioned above the $746,061 Fair Market Value, but offers competitive HomePath incentives including up to 3% closing cost assistance for qualified buyers. With a Condition Rating of 4, the home features a Partially Updated Kitchen, a private patio, and a 5,752 Square Foot Lot ideal for ADU expansion. Benefiting from the 9/10 Rated Middle College High School, this is an optimal project for Fix-and-Flip Investors or Contractors seeking to unlock value through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9106 S Gramercy Place Subject | $829,000* List Price | 2 | 1 | 1,222 | $592 | - |
A 9120 S Van Ness Sold | $669,000 | 2 | 1 | 1,185 | $565 | 0.2 mi |
B 8629 Cimarron Street Sold | $650,000 | 2 | 1 | 1,169 | $556 | 0.4 mi |
C 1428 W 91st Sold | $590,000 | 2 | 1 | 1,179 | $500 | 0.7 mi |
D 8621 S Wilton Place Sold | $780,000 | 3 | 2 | 1,290 | $605 | 0.4 mi |
E 2040 W 82nd Street Sold | $669,000 | 3 | 2 | 1,328 | $504 | 0.7 mi |
F 8847 Ruthelen Active Under Contract | $629,000 List Price | 2 | 1 | 1,092 | $576 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this home is well-maintained but shows significant signs of age. The kitchen has been partially updated with newer shaker-style cabinets and stone countertops, but the bathroom remains dated with older tile work and a pedestal sink. The property retains older windows and original hardwood floors, and while functional, it lacks the comprehensive recent renovation required for a 'good' or 'excellent' rating.
High School: Middle College High School (9/10).
The property is ideally situated in close proximity to essential neighborhood support facilities, including shopping centers, schools, and public transportation, offering high convenience for daily commuting.
With a lot size of 5,752 square feet, this property provides ample outdoor space, offering significant potential for landscaping, outdoor entertaining, or the addition of an Accessory Dwelling Unit (ADU).
The majority of the assigned public schools in the immediate vicinity have low performance ratings, which may be a significant drawback for families prioritizing educational quality.
The 2-bedroom, 1-bathroom layout may be restrictive for growing families or buyers seeking a dedicated home office, especially given the current market price point.
Buyers,complete the HomePath Ready Buyer home ownership course on HomePath.com. Attach certificate to offer up to 3% closing cost assistance. Check HomePath.com for more details. Restrictions apply.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 1,222 | 1,340 | 34% |
| Lot Size | 5,752 | 5,251 | 71% |
| Price | $829.0K | $725.0K | 85% |
| Price per sq ft | $678 | $512 | 86% |
| Built year | 1942 | 1930 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 321 | 147 | 95% |
May 28, 2026
$829,000
$849,000
-2% Price Drop
Initial Listing
Apr 27, 2026
$849,000
$875,000
-3% Price Drop
Initial Listing
Mar 31, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
Feb 27, 2026
$899,000
$612,916
+47% Price Increase
Initial Listing
Jul 29, 2025
$612,916
Initial Listing