$1,300,000
RENTED JAN 8, 2025

521 N Gramercy Place Unit 302 Los Angeles, CA 90004

Larchmont Neighborhood
1 Bed
1 Bath
650 Sq Ft
0.37 Acres

Highlights

  • New Construction
  • Automatic Gate
  • 0.37 Acre Lot
  • Gourmet Kitchen
  • Panoramic View
  • Atrium Room

About This Home

As of January 2025

Introducing 521 N Gramercy Place - a newly built luxury apartment building offering modern living at its finest. With a rooftop deck providing stunning views, this 1 bedroom - 1 bathroom residence combines contemporary design and high-end amenities. Step into elegant apartments with open-concept layouts, floor-to-ceiling windows, gourmet kitchens, and spa-inspired bathrooms. Enjoy a range of building amenities, including a rooftop terrace, smart access controls and secured gated parking. Located in a desirable neighborhood, just minutes from Hancock Park and Larchmont Village, this address provides easy access to dining, shopping, and entertainment. Welcome home to 521 N Gramercy Place, where luxury meets convenience.

Last Agent to Rent the Property

David Hanasab

David Hanasab License #01891844 Listed on: 11/25/2024

Last Renter's Agent

David Hanasab

David Hanasab License #01891844 Listed on: 11/25/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,925

Year Built

  • Built in 2022 | New Construction

Lot Details

  • South Facing Home
  • Gated Home
  • Drip System Landscaping
  • Sprinklers on Timer

Property Views

  • Panoramic
  • City Lights
  • Trees
  • Canyon
  • Mountain
  • Hills
  • Courtyard

Home Design

  • Modern Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 650 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Awning
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room
  • Dining Area
  • Atrium Room
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Electric Oven
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Automatic Gate

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,695
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5522-014-042

Community Details

Overview

  • Jenson Capital Group Association
  • Low-Rise Condominium
  • 5-Story Property

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$40,925

Year Built

Built in 2022 | New Construction

Lot Details

0

Rental Info

  • Credit Report Amount: 45.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Lease Option: 1
  • Not Included In Rent: Utilities and parking
  • Rent Excludes: Utilities, Parking and Amenity Fee
  • Rent Includes: Gardener
  • Security Deposit: 2695
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Lease Terms: 1-Year
  • Living Area: 650
  • Lot Acreage: 0.3652
  • Property Condition: New Construction
  • Stories: 5
  • Water Filled Furn Ins Required: Yes
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood, Vinyl, Tile
  • Appliances: Oven, Microwave, Gas/Electric Range, Free Standing Electric, Oven-Electric, Range Hood, Cooktop - Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Over Tub, Linen Closet
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen, Living Room
  • Kitchen Features: Stone Counters, Gourmet Kitchen, Open to Family Room
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Cable, Hood Fan, Microwave, Washer, Range/Oven, Built-Ins, Water Line to Refrigerator, Stackable W/D Hookup, Electric Dryer Hookup
  • Price Per S Q F T: 4.15
  • Windows: Screens, Window Blinds, Awning

Exterior Features

  • Direction Faces: South
  • Construction: Concrete, Stucco
  • Other Features: High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Patio: Balcony, Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Courtyard, Hills, Canyon, Mountains, Tree Top, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking, Community Garage, Gated
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Community, Fire Sprinklers, Gated, Resident Manager, Smoke Detector, Exterior Security Lights, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall
  • Water: Water District

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • Management Company: Jenson Capital Group
  • Mgmt Co 2: Jenson Capital Group
  • Mgmt Co Phone: 2134880800|0
  • Mgmt Co 2 Phone: 2134880800|200

Lot Info

  • Sprinklers: Sprinkler Timer, Drip System
  • Horses: No
  • Assessor Parcel Number: 5522-014-042
  • Lot Location: City
  • Lot Size Area: 15906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2016
Sold by
Gramercy Holdings 26 Llc
Bought by
Gramercy Holdings 26 Llc
Current Estimated Value
$1,300,000

Purchase Details

Closed on
Oct 27, 2010
Sold by
Henriquez Alex
Bought by
Gramercy Holdings Llc

Purchase Details

Closed on
Oct 2, 2002
Sold by
Henriquez Alex E and Leon Maria E
Bought by
Henriquez Lorena E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.85%
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
Gramercy Holdings 26 Llc -- None Available
Gramercy Holdings Llc $1,075,000 North American Title
Henriquez Lorena E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henriquez Lorena E $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Rented $2,765 +2.6% --
11/25/2024 11/25/24 For Rent $2,695 -- --
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 $40,925 $3,442,874 $3,442,874 --
2024 $40,925 $3,375,367 $3,375,367 --
2023 $40,125 $3,309,184 $3,309,184 $0
2022 $38,248 $3,244,299 $3,244,299 $0
2021 $37,812 $3,180,686 $3,180,686 $0
2019 $37,008 $3,086,346 $2,580,192 $506,154
2018 $36,566 $3,025,830 $2,529,600 $496,230
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2025

    David Hanasab

    David Hanasab

    (213) 797-5559

    4 Total Sales

    David Hanasab
    Section Image
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Map

Source: The MLS

MLS Number: 24-466835

The MLS

APN: 5522-014-042

California Los Angeles County Los Angeles 90004 Larchmont

521 N Gramercy Place Unit 302, Los Angeles, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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