NOT LISTED FOR SALE

648 N Gramercy Place Los Angeles, CA 90004

Larchmont Neighborhood

Estimated Value: $1,361,000 - $1,633,000

3 Beds
3.5 Baths
1,834 Sq Ft
$803/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $1,200,000 $654 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,176/month

8 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Modern Architecture
  • Gated Community
  • Wood Flooring
  • Home Office

About This Home

As of July 2021

Modern and elegant 3 bedroom and 3 1/2 bathrooms single family home is located in a private gated community with direct access to your own two car garage. Located near Larchmont in Hancock Park, this beautiful multi-level home has bright and airy open floor plan. The main floor features a living room and a modern chef's kitchen with over sized island. Top of the line finishes including quartz counter tops, contemporary flat-panel cabinetry and gourmet steel appliances. Upstairs expansive master suite includes a custom walk-in-closet and attached master bath with dual sinks and a custom spa-like shower. All 3 bedrooms feature en-suite baths plus a bonus guest bathroom is just off the main level. Drive in to your private 2-car garage, giving you direct access to the entry and downstairs bedroom and bath. Enjoy your huge private roof top deck with views of Hollywood sign and Griffith Observatory. Convenient location with nearby access to Larchmont Village, Hollywood, K-town and downtown.

Last Agent to Sell the Property

Eray Erdogan

Fathom Realty Group Inc. License #02005992 Listed on: 06/01/2021

Fathom Realty Group Inc.

Last Buyer's Agent

Peter Hong

Redpoint Realty License #02061960

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,343

Year Built

  • Built in 2014

Lot Details

  • 1,205 Sq Ft Lot
  • Gated Home
  • Property is zoned LAC2

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking
  • Guest Parking

Property Views

  • City Lights
  • Views of a landmark
  • Hills
  • Valley

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,834 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Family Room on Second Floor
  • Home Office
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5522-008-072

Community Details

Overview

  • Maintained Community

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,343

Year Built

Built in 2014

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 1834
  • Lot Acreage: 0.0277
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Carpet
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 681.03

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills, Landmark, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Assoc Maintains Landscape, Gated Community, Gated Parking, Guest Parking
  • Pet Rules: Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 155.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5522-008-072
  • Lot Size Area: 1205

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2015
Sold by
Lennar Homes Of California Inc
Bought by
Erdogan Eray
Current Estimated Value
$1,471,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,300
Outstanding Balance
$453,819
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,018,110

Purchase Details

Closed on
Apr 25, 2014
Sold by
Lennar Homes Of California Inc
Bought by
5112 Melrose Owners Association
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
Erdogan Eray $830,000 North American Title Company
5112 Melrose Owners Association -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdogan Eray $580,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $1,200,000 -3.9% $654 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,249,000 -- $681 / 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 $15,343 $1,273,449 $795,906 $477,543
2024 $15,174 $1,248,480 $780,300 $468,180
2023 $14,880 $1,224,000 $765,000 $459,000
2022 $14,184 $1,200,000 $750,000 $450,000
2021 $10,930 $921,563 $643,985 $277,578
2020 $11,042 $912,114 $637,382 $274,732
2019 $10,598 $894,231 $624,885 $269,346
2018 $10,559 $876,698 $612,633 $264,065
2016 $10,081 $842,657 $588,845 $253,812
2015 $4,828 $394,854 $315,704 $79,150
Source: Public Records

Agents Affiliated with this Home

  • Eray Erdogan

    Seller's Agent in 2021

    Eray Erdogan

    Fathom Realty Group Inc.

    (310) 600-3254

    3 in this area

    12 Total Sales

    Eray Erdogan
    Section Image
  • Peter Hong

    Buyer's Agent in 2021

    Peter Hong

    Redpoint Realty

    (213) 255-8539

    1 in this area

    16 Total Sales

    Peter Hong
    Section Image
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Map

Source: The MLS

MLS Number: 21-730276

The MLS

APN: 5522-008-072

California Los Angeles County Los Angeles 90004 Larchmont

648 N Gramercy Place, Los Angeles, CA

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