CnC Realty
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$1,325,000

1624 Gramercy

Los Angeles, CA 90019

Active

5

Beds

3

Baths

3,016

Sq. Ft.

1907

Year Built

Los Angeles

County

SingleFamilyResidence

Property Type

About this home

Complete Fixer – Great Investment Opportunity in Prime Mid Los Angeles. This two-story, 5-bedroom, 2.5-bath home offers incredible potential for investors and developers alike. Situated on a spacious lot in the highly desirable 90019 zip code, this property is a complete fixer—perfect for those looking to renovate or rebuild. With the ability to develop up to six units (buyer to verify), this site presents a rare chance to maximize value in a rapidly growing area. Conveniently located near major freeways, USC, and Downtown Los Angeles, the home provides excellent accessibility and strong long-term appeal. Please note: the property has known foundation issues and requires a new roof. Don’t miss this exceptional opportunity to transform a centrally located property in one of Los Angeles’ most sought-after neighborhoods.

Listed by Soraaya Eslamieh · DRE #02179261 · My Valley Realty
MLS #1146345040
ListedNov 14, 2025

Property Details

Architecture

Stories2
StyleN/A
Total Units1
RoofN/A
Garage Spaces1
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesAll Bedrooms Up
Exterior FeaturesN/A
FlooringN/A
CoolingNone
HeatingN/A
FireplaceLiving Room
LaundryInside
Parking FeaturesN/A
Parking Total1
Patio & PorchN/A
Entry Level1
Entry LocationFront
Common WallsNo Common Walls

Property Features

Lot Size0.20 ac
Lot FeaturesN/A
ViewNone
DirectionsSouth of Venice Blvd. West of Western Ave.

Community

AreaC16 - Mid Los Angeles
School DistrictLos Angeles Unified

Tax & Financial

TermsCash, Cash To New Loan, Conventional
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$7,052/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:15 PM

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