$1,250,000
SOLD JUL 22, 2022

735 1/2 N Gramercy Place Los Angeles, CA 90038

Hollywood Neighborhood
4 Beds
3 Baths
2,495 Sq Ft
1,000 Sq Ft Lot

Recently Sold

$501 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Updated Kitchen
  • STEM Academy at Bernstein High Rated A-
  • City Lights View
  • Wood Flooring

About This Home

As of March 2025

Welcome to Hollywood's exciting Gramercy PLACE! If you are one of the lucky few to live here, you'll enjoy 2,500 sqft of an open floor plan with Control4 home automation smart house excitement! Features 8' Mahogany Entry Door, high ceilings, floor-to-ceiling Fleetwood sliding doors & windows, and oak flooring. This home has 4 bedrooms, 3 baths, and a kitchen complete with Thermador appliances, in-ceiling speakers, quartz Calcutta countertops, and a waterfall island. Large primary suite with walk-in closets and a primary bath with dual sinks containing premium fixtures and LED mirrors. The owner installed custom blinds throughout the house. With up to 500+ sqft patio space with outdoor speakers, pre-wired TV, and an outdoor kitchen, you can cook under the stars while enjoying views of Los Angeles. Park your cars in the attached 2-car garage with a showroom-like flooring, and this property features a potential of 2 additional parking spaces outside the garage. Use your Uber and Lyft accounts to enjoy the many restaurants and Hollywood attractions within 6 miles of your front door. Some photos might not be of the actual unit.

Last Agent to Sell the Property

Jessica Felix

Rodeo Realty License #01779067 Listed on: 06/06/2022

Rodeo Realty

Last Buyer's Agent

Jasmine Diaz

Rodeo Realty License #02087285

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,561

Year Built

  • Built in 2018

Lot Details

  • 1,000 Sq Ft Lot
  • Front Yard Sprinklers

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Views of a landmark
  • Mountain
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 2,495 Sq Ft Home
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room Balcony
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Gramercypl Association
  • Gramercy Pl HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 73680
  • Assessor Parcel Number 5535014040

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,561

Year Built

Built in 2018

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5535014040
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2495.00 Square Feet
  • Interior Amenities: Living Room Balcony, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: In Kitchen, In Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 501.00
  • Room Type: Family Room, Kitchen, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Landmark, Mountain(s), Neighborhood
  • Patio And Porch Features: Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Association Name: Gramercypl
  • Phone: 9999999999
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Gramercy pl

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 73680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Feb 27, 2025
Sold by
Casillas Miguel
Bought by
Piccoli Leandro
Seller's Agent
Jessica Vargas
The Oppenheim Group, Inc.
Buyer's Agent
Sarah Arlington
Rooster Homes
List Price
$1,495,000
Sold Price
$1,503,000
Premium/Discount to List
$8,000
0.54%
Views
9
Current Estimated Value
$1,421,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,911
Original Mortgage
$1,202,400
Outstanding Balance
$1,201,422
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2025
Closed on
Feb 24, 2025
Sold by
Pierno Erin and Pearson Erin
Bought by
Mori Kellen and Piccoli Leandro
Seller's Agent
Jessica Vargas
The Oppenheim Group, Inc.
Buyer's Agent
Sarah Arlington
Rooster Homes
List Price
$1,495,000
Sold Price
$1,503,000
Premium/Discount to List
$8,000
0.54%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,202,400
Outstanding Balance
$1,201,422
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jun 30, 2022
Sold by
Michael Araghi
Bought by
Piemo Erin and Pearson Christopher
Seller's Agent
Jessica Felix
Rodeo Realty
Buyer's Agent
Jasmine Diaz
Rodeo Realty
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$1,000,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2019
Closed on
Sep 25, 2019
Sold by
Gramercy Homes Llc
Bought by
Araghi Michael
Seller's Agent
Jessica Felix
Rodeo Realty
Buyer's Agent
Jessica Felix
Rodeo Realty
List Price
$1,515,000
Sold Price
$1,515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.61%
Original Mortgage
$1,363,500
Interest Rate
3.6%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title
Grant Deed $1,503,000 Chicago Title
Grant Deed $1,250,000 Fidelity National Title
Warranty Deed $1,515,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,202,400 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,363,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $1,503,000 +0.5% $689 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $1,495,000 +19.6% $686 / Sq Ft
07/22/2022 07/22/22 Sold $1,250,000 -3.8% $501 / Sq Ft
06/06/2022 06/06/22 For Sale $1,299,000 0.0% $521 / Sq Ft
08/01/2020 08/01/20 Rented $7,300 -2.7% --
06/17/2020 06/17/20 Price Changed $7,500 -24.2% $3 / Sq Ft
06/08/2020 06/08/20 For Rent $9,888 0.0% --
10/01/2019 10/01/19 Sold $1,515,000 0.0% $589 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $1,515,000 -- $589 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $15,561 $1,275,000 $892,500 $382,500
2023 $15,259 $1,250,000 $875,000 $375,000
2022 $18,559 $1,561,308 $782,612 $778,696
2021 $18,229 $1,530,695 $767,267 $763,428
2020 $18,418 $1,515,000 $759,400 $755,600
2019 $11,266 $716,093 $467,150 $248,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22120927

California Regional Multiple Listing Service (CRMLS)

APN: 5535-014-040