8725 S Gramercy Place, Los Angeles, CA 90047

$768,000
3
BD
2
BA
1,374
SqFt

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List Price
$768,000
Status
ACTIVE
MLS#
TR26126347
Year Built
1939
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,374
Lot Size
6,858
Acres
0.16
Lot Location
Front Yard, Lawn
Days on Market
25
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Welcome to this beautifully updated home in the heart of Los Angeles, offering comfort, style, and exceptional potential on a spacious lot. Ideally located just minutes from SoFi Stadium, Kia Forum, and Los Angeles International Airport, this move-in-ready residence provides convenient access to shopping, dining, entertainment, and major transportation corridors. Inside, you'll find numerous recent upgrades including fresh interior paint, new carpeting, attractive laminate flooring, reglazed kitchen countertops, recessed lighting, central heating and air conditioning, and sound-reducing windows and doors for enhanced interior comfort. The functional floor plan offers comfortable living spaces filled with natural light and a welcoming atmosphere throughout. Situated on a large lot, the property presents exciting possibilities for future expansion, including potential Junior ADU development (buyer to verify with applicable agencies). An upgraded 200-amp electrical panel provides ample power capacity and an excellent foundation for a future Junior ADU or other expansion projects. Whether you're a first-time buyer, investor, or looking for a home with additional income potential, this property offers flexibility and value. ("Buyers may qualify for $15K in closing cost assistance and low/no down payment financing due to property location - ask for details." With its excellent condition, modern updates, generous lot size, and prime location near major employment centers, sports venues, shopping, and dining, this is an outstanding opportunity to own a turnkey Los Angeles home. With its excellent condition, modern updates, generous lot size, and prime location near major employment centers, sports venues, shopping, and dining, this is an outstanding opportunity to own a turnkey Los Angeles home.

Additional Information

Pool Description
None
Fireplace Description
Family Room
Heat
Central, See Remarks
Cooling
Yes
Cooling Description
Central Air
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public, See Remarks
School District
Los Angeles Unified
Interior Features
Recessed Lighting, All Bedrooms Up
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Kim Yung (Kim@YungAndAssociates.com) from Listing Office: Coldwell Banker Tri-Counties R.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.