Why Live in Gramercy Park
Gramercy Park, also known as West Park Terrace, is a densely populated neighborhood in southern Los Angeles. This area is known for its convenient location, with SpaceX and the Lo-Fi Rams stadium just a few blocks away, Los Angeles International Airport 10 miles west, and downtown L.A. 10 miles north. The neighborhood features gridded streets lined with well-manicured lawns and a mix of ranch homes and bungalows showcasing Spanish and mid-century modern architectural styles. Homes typically range from 1,200 to 2,000 square feet and include carports or detached garages. Local dining options include Tacos El Gallazo, Dulan’s Soul Food Kitchen, and M’Dears, while grocery needs are met by Ralph’s and Superior Grocers.
Gramercy Park is served by the Los Angeles Unified School District, with schools like La Salle Elementary, Samuel Gompers Middle School, and George Washington Preparatory High offering various programs. The Al Wooten Jr. Youth Center provides after-school programs, tutoring, and free classes in cooking, coding, and athletics. For recreation, residents frequent Jesse Owens Park, which offers a heated indoor pool, athletic fields, courts, a playground, and the 9-hole Maggie Hathaway Golf Course. St Andrews Recreation Center also provides indoor and outdoor courts, a playground, a splashpad, and an outdoor stage for community events.
The neighborhood supports a diverse population of over 11,000 residents within its 1.13 square mile radius. Cultural highlights include the Black-owned Residency Art Gallery. Transportation is convenient with access to Interstate 110 and Interstate 105, and several Metro bus stops and light rail stations nearby. Gramercy Park is safer than the national average, making it a practical choice for those seeking a vibrant and accessible community in Los Angeles.
Home Trends in Gramercy Park, CA
On average, homes in Gramercy Park, Los Angeles sell after 36 days on the market compared to the national average of 51 days. The median sale price for homes in Gramercy Park, Los Angeles over the last 12 months is $730,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$730,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$715,000
Median 2 Bedroom Sale Price
$565,000
Average Price Per Sq Ft
$540
Number of Homes for Sale
22
Last 12 months Home Sales
63
Median List Price
$760,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%