NOT LISTED FOR SALE

8851 S Gramercy Place Los Angeles, CA 90047

Gramercy Park Neighborhood

Estimated Value: $670,000 - $790,239

2 Beds
1 Bath
1,193 Sq Ft
$623/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $500,000 $419 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,594/month

56 Days on Market

Highlights

  • Golf Course Community
  • Private Yard
  • Laundry Room
  • Property is near a park
  • No HOA
  • Landscaped

About This Home

As of July 2019

Classic Spanish style home, minutes away from the new Los Angeles Rams/Charger Football Stadium in Inglewood; this 2 bedroom and 1 bathroom home has the original vintage charm, great starter home and could qualify for DOWN PAYMENT ASSISTANCE, spacious living room with a unique stain glass bay window and center piece wood burning fireplace with w/w carpet;off the hallway there is den, two spacious bedrooms with ceiling fans and single spacious full bath room, separate shower and bath tub with recess lighting, the kitchen has a the breakfast nook; laundry area with washer and dryer hook up that leads to the side door out on to the driveway. the long driveway has plenty of space for off street parking plus a detached two car garage; which can be converted into a ADU for extra income; the large grassy backyard has mature fruit trees and enough room for gardening and family entertainment. Close to schools, public transportation, Maggie Hathaway Golf Course, Crenshaw Light rail, DTLA, LAX and freeways; Seen by appointment only "DRIVE-BY ONLY, PLEASE DO NOT DISTURB THE OCCUPANTS and No walking ON THE PROPERTY".

Last Agent to Sell the Property

Gwen Allen

R.S. COOPER & ASSOC. License #01803885 Listed on: 01/30/2019

Last Buyer's Agent

Michael Preis

RE/MAX One License #01360798

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1939

Lot Details

  • 6,163 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 307
  • Tax Tract Number 11169
  • Assessor Parcel Number 6036006016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,631

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6036006016
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1193.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 419.11
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Golf

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Near Public Transit, Park Nearby, Walkstreet, Yard
  • Lot Size Sq Ft: 6163.00
  • Lot Size Acres: 0.1415

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6163.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2384.00
  • Tax Lot: 307
  • Tax Tract Number: 11169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Foster Tess and Foster Justin
Bought by
Foster Family Living Trust and Foster
Current Estimated Value
$743,060

Purchase Details

Listed on
Jan 30, 2019
Closed on
Jul 9, 2019
Sold by
Turner Jacquelyn F
Bought by
Foster Tess and Foster Justin
Seller's Agent
Gwen Allen
R.S. COOPER & ASSOC.
Buyer's Agent
Michael Preis
RE/MAX One
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$475,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Foster Family Living Trust -- None Listed On Document
Foster Tess $500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Tess $500,144
Previous Owner Foster Justin $468,000
Previous Owner Foster Tess $468,000
Previous Owner Foster Tess $475,000
Previous Owner Tumeran Jacquelyn F $167,700
Previous Owner Turner Jacquelyn F $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $500,000 0.0% $419 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $500,000 -- $419 / 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
2025 $6,631 $546,819 $437,456 $109,363
2024 $6,631 $536,098 $428,879 $107,219
2023 $6,507 $525,587 $420,470 $105,117
2022 $6,210 $515,282 $412,226 $103,056
2021 $6,129 $505,180 $404,144 $101,036
2019 $2,852 $236,041 $177,041 $59,000
2018 $2,883 $231,414 $173,570 $57,844
2016 $2,749 $222,430 $166,831 $55,599
2015 $2,710 $219,090 $164,326 $54,764
2014 $2,727 $214,800 $161,108 $53,692
Source: Public Records

Agents Affiliated with this Home

  • Gwen Allen

    Seller's Agent in 2019

    Gwen Allen

    R.S. COOPER & ASSOC.

    (310) 710-9520

    1 in this area

    6 Total Sales

    Gwen Allen
    Section Image
  • Michael Preis

    Buyer's Agent in 2019

    Michael Preis

    RE/MAX

    (818) 653-7611

    42 Total Sales

    Michael Preis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19010264

California Regional Multiple Listing Service (CRMLS)

APN: 6036-006-016

California Los Angeles County Los Angeles 90047 Gramercy Park

8851 S Gramercy Place, Los Angeles, CA

This home is located at 8851 S Gramercy Place, Los Angeles, CA 90047 since 30 January 2019 and is currently estimated at $743,060, approximately $622 per square foot. This property was built in 1939. 8851 S Gramercy Place is a home located in Los Angeles County with nearby schools including George Washington Preparatory High School, Teach Academy Of Technologies, and Animo City Of Champions Charter High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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