NOT LISTED FOR SALE

521 N Gramercy Place Unit PH 2 Los Angeles, CA 90004

Larchmont Neighborhood

Estimated Value: $1,300,000

3 Beds
3 Baths
1,377 Sq Ft
0.37 Acres

Highlights

  • 24-Hour Security
  • Gourmet Kitchen
  • Panoramic View
  • New Construction
  • Automatic Gate
  • 0.37 Acre Lot

About This Home

As of January 2024

Welcome to the brand new Gramercy Terrace Apartments. Our luxury 3 bedrrom-3-bathroom units feature full kitchens with stainless steel appliances, Quartz countertops, white oak floors, spacious open living area and in-unit washer dryer. Most of our layouts offer private balconies from the living area and/or the bedroom with city views. While at your new pet friendly home, tenants can enjoy amenities such as panoramic views from the beautiful courtyard terrace and rooftop deck, smart access controls throughout the building and secured covered parking. Gramercy Terrace is located just minutes away from Hancock Park, Larchmont Village and Paramount Studios. Contact us today for more information on our stylish residences or to schedule a tour of our property. Wed love to hear from you!

Last Agent to Rent the Property

David Hanasab

David Hanasab License #01891844 Listed on: 06/29/2023

Last Renter's Agent

David Hanasab

David Hanasab License #01891844 Listed on: 06/29/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,925

Year Built

  • Built in 2022 | New Construction

Lot Details

  • East 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

  • 1,377 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

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 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 $3,995
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5522-014-042
  • $4,195 Seller Concession

Community Details

Overview

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

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Security

  • 24-Hour Security
  • 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: 35.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • 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: 3995
  • 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: Top Level
  • Lease Terms: 1-Year
  • Living Area: 1377
  • Lot Acreage: 0.3652
  • Property Condition: New Construction
  • Stories: 5
  • Water Filled Furn Ins Required: Yes
  • Year Built: 2022
  • Number Of Photos: 5
  • 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: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Over Tub, Linen Closet
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 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: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Cable, Gas Dryer Hookup, Hood Fan, Microwave, Washer, Range/Oven, Built-Ins, Water Line to Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 2.90
  • Windows: Screens, Window Blinds, Awning

Exterior Features

  • Direction Faces: East
  • Construction: Concrete, Stucco
  • Other Features: Balcony, 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: 2
  • Parking Garage: Assigned, Covered Parking, Community Garage, Gated
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, 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 Phone: 2134880800|0

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
Source: Public Records

Range of Values:

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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
Open Gramercy Holdings 26 Llc $16,000,000
Closed Gramercy Holdings 26 Llc $10,425
Previous Owner Henriquez Alex $65,000
Previous Owner Henriquez Lorena E $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Rented $3,995 0.0% --
10/19/2023 10/19/23 Price Changed $3,995 -4.8% $3 / Sq Ft
09/14/2023 09/14/23 Price Changed $4,195 -4.6% $3 / Sq Ft
09/01/2023 09/01/23 Price Changed $4,395 -6.4% $3 / Sq Ft
06/29/2023 06/29/23 For Rent $4,695 -- --
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

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Map

Source: The MLS

MLS Number: 23-286107

The MLS

APN: 5522-014-042