NOT LISTED FOR SALE

971 S Gramercy Dr Los Angeles, CA 90019

Koreatown Neighborhood
7 Beds
10 Baths
4,660 Sq Ft
9,374 Sq Ft Lot

Last Sold November 16, 2022

Last sale price $1,800,000 $386 Per Sq Ft

103 Days on Market

About This Home

As of November 2022

Good for investment and development. Property is sold As Is in its present condition. Buyer to check all the permits and room counts.

Last Agent to Sell the Property

Sue Choi

Choice 100 Realty, Inc. License #00943234 Listed on: 07/21/2022

Last Buyer's Agent

John Rhee

Choice 100 Realty, Inc. License #01211144

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,374 Sq Ft Lot

Home Design

  • 4,660 Sq Ft Home
  • A-Frame Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 10 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5081-032-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: A-Frame
  • Street Number Display: Yes
  • Living Area: 4660
  • Lot Acreage: 0.2152
  • Year Built: 1922
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 429.18

Exterior Features

  • Other Structures: None
  • View: No

Lot Info

  • Assessed Improvement Percent: 5.88
  • Assessed Improvement Value: 109363
  • Assessed Land Percent: 94.12
  • Assessed Land Value: 1749832
  • Total Assessed Value: 1859195
  • Assessor Parcel Number: 5081-032-016
  • Lot Size Area: 9374

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 22.95
  • Number Of Units: 6
  • Total Annual Expense: 0
  • Type Of Units: Multi Unit
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $1,800,000 -10.0% $386 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $2,000,000 +17.6% $429 / Sq Ft
07/01/2015 07/01/15 Sold $1,700,000 +3.0% $365 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $1,650,000 -- $354 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sue Choi

    Seller's Agent in 2022

    Sue Choi

    Choice 100 Realty, Inc.

    (323) 737-4567

    4 in this area

    15 Total Sales

    Sue Choi
    Section Image
  • John Rhee

    Buyer's Agent in 2022

    John Rhee

    Choice 100 Realty, Inc.

    (213) 864-9031

    2 in this area

    3 Total Sales

    John Rhee
    Section Image

  • S

    Seller's Agent in 2015

    Shideh Rostami

    Terra Nova Real Estate

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,874 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-181113

The MLS
California Los Angeles County Los Angeles 90019 Koreatown

971 S Gramercy Dr, Los Angeles, CA

This home is located at 971 S Gramercy Dr, Los Angeles, CA 90019 since 21 July 2022. This property was built in 1922. 971 S Gramercy Dr is a home located in Los Angeles County with nearby schools including Wilton Place Elementary School, Pio Pico Middle School, and Los Angeles Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes