NOT LISTED FOR SALE

148 S Gramercy Place Unit 2 Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $643,000 - $757,000

2 Beds
2.5 Baths
1,112 Sq Ft
$619/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $686,000 $617 Per Sq Ft

Current estimated payment $4,797/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • Traditional Architecture
  • Charles H. Kim Elementary School Rated A-
  • 0.34 Acre Lot
  • Loft

About This Home

As of July 2023

Introducing a stunning urban oasis nestled in Larchmont Village/Hancock Park, offering the perfect blend of modern luxury and convenience. This exceptional property is a corner-unit townhome-style condo, presenting a captivating combination of contemporary design and thoughtful features. Come inside and be greeted by the spacious open floor plan, where the living, dining, and kitchen seamlessly flow together. Indulge in the luxury of your own private balcony off of each bedroom where you can enjoy your morning coffee. As you ascend to the third floor, a bonus loft area awaits that can be used as a home office, entertainment room, or studio space. The possibilities are endless. Beyond the confines of the unit, a spacious patio area off of the dining area invites you to bask in the California sunshine. Entertain guests or simply relax and soak up the vibrant atmosphere. Located just moments away from Larchmont Blvd, you'll have convenient access to an array of trendy boutiques, cafes, and restaurants. This property is a true urban sanctuary, providing a comfy living experience. Don't miss the opportunity to call this exquisite corner unit your home. OFFERS DUE WED, 6/21 at 10 AM.

Last Agent to Sell the Property

Tiffany Chin

Keller Williams Larchmont License #01819365 Listed on: 06/14/2023

Keller Williams Larchmont

Last Buyer's Agent

Rachel Bigio

Keller Williams Larchmont License #02094934

Keller Williams Larchmont

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,352

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 1,112 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Loft
  • Bonus Room
  • Window Bars
  • Property Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Range
  • Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Tandem Parking
  • Garage Door Opener
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5516-022-028

Community Details

Overview

  • Association fees include trash, water, building and grounds
  • 18 Units

Amenities

  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,352

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Introducing a stunning urban oasis nestled in Larchmont Village/Hancock Park, offering the perfect blend of modern luxury and convenience. This exceptional property is a corner-unit townhome-style condo, presenting a captivating combination of contemporary design and thoughtful features. Come inside and be greeted by the spacious open floor plan, where the living, dining, and kitchen seamlessly flow together. Indulge in the luxury of your own private balcony off of each bedroom where you can enjoy your morning coffee. As you ascend to the third floor, a bonus loft area awaits that can be used as a home office, entertainment room, or studio space. Beyond the confines of the unit, a spacious patio area off of the dining area invites you to bask in the California sunshine. Just moments away from Larchmont Blvd's trendy boutiques, cafes, and restaurants. OFFERS DUE WED, 6/21 at 10 AM.
  • Complex Name: Gramercy Place Townhomes
  • Entry Floor: 1
  • Living Area: 1112
  • Lot Acreage: 0.3447
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 1
  • Year Built: 1990
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Common Walls, Laundry - Closet Stacked, Turnkey
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Laminate, Tile
  • Appliances: Microwave, Oven-Gas, Oven, Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Bedroom, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Counter Top, Open to Family Room, Granite Counters
  • Laundry: In Kitchen, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Microwave, Range/Oven, Stackable W/D Hookup, Dryer, Washer, Refrigerator, Ceiling Fan
  • Fireplace: Yes
  • Inclusions: microwave, fridge, washer, dryer, stove
  • Price Per S Q F T: 582.73

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, End Unit, Sliding Glass Doors
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Tandem, Built-In Storage, Community Garage, Controlled Entrance, Door Opener, Garage Is Attached, Gated Underground, Gated, Parking for Guests, Subterranean, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector, Window Bars

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Extra Storage, Guest Parking
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Building and Grounds
  • HOA Fees: 350.00
  • HOA: Yes
  • Unit Location: end

Lot Info

  • Assessor Parcel Number: 5516-022-028
  • Lot Size Area: 15017

Multi Family

  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 24, 2021
Sold by
Barkon Dmitry and The M Barkon Living Trust
Bought by
Smith Weston Domonic and Smith Weston Kimberly
Seller's Agent
Randy Merino
Premier Properties
Buyer's Agent
Latanya Wright
Jason Mitchell Real Estate Ca
List Price
$580,000
Sold Price
$575,000
Premium/Discount to List
-$5,000
-0.86%
Current Estimated Value
$688,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,470
Avg. Annual Appreciation
4.68%
Original Mortgage
$546,250
Outstanding Balance
$497,401
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$191,069

Purchase Details

Closed on
Nov 6, 2020
Sold by
Barkon Mayya
Bought by
Barkon Mayya and The M Barkon Living Trust

Purchase Details

Listed on
Mar 18, 2013
Closed on
Mar 28, 2013
Sold by
Wandera David
Bought by
Barkon Mayya
Seller's Agent
Grace Kim
Ivy Realty Co.
Buyer's Agent
Ronald Zate
Keller Williams Larchmont
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$276,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1999
Sold by
Mccarroll Jones Darren
Bought by
Wandera David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 25, 1996
Sold by
Federal National Mortgage Association
Bought by
Mccarroll Jones Darren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,300
Interest Rate
8.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Weston Domonic $575,000 Stewart Title Of Ca Inc
Barkon Mayya -- None Available
Barkon Mayya $360,000 Lawyers Title Company
Wandera David $125,000 South Coast Title
Mccarroll Jones Darren $89,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Weston Domonic $546,250
Previous Owner Barkon Mayya $276,000
Previous Owner Wandera David $100,000
Previous Owner Mccarroll Jones Darren $86,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $686,000 +5.9% $617 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $648,000 +12.7% $583 / Sq Ft
09/20/2021 09/20/21 Sold $575,000 +3.6% $659 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $555,000 -4.3% $636 / Sq Ft
07/21/2021 07/21/21 For Sale $580,000 +61.1% $664 / Sq Ft
04/25/2013 04/25/13 Sold $360,000 +2.9% $412 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $350,000 -- $401 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,352 $699,720 $506,940 $192,780
2024 $8,352 $686,000 $497,000 $189,000
2023 $7,161 $586,500 $425,340 $161,160
2022 $6,828 $575,000 $417,000 $158,000
2021 $4,847 $409,545 $212,168 $197,377
2020 $4,895 $405,347 $209,993 $195,354
2019 $4,699 $397,400 $205,876 $191,524
2018 $4,675 $389,609 $201,840 $187,769
2016 $4,466 $374,482 $194,003 $180,479
2015 $4,400 $368,858 $191,089 $177,769
2014 $4,419 $361,633 $187,346 $174,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-279789

The MLS

APN: 5516-022-028