$ 1,299,000
-
$1,299,000
Price -
13
Bed -
5
Bath -
5,814
SqFt
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About the Listing CLW-X77517 - CLW-X56153
Lender Owned Property!!! Rare R4-zoned redevelopment opportunity in the heart of Koreatown and Mid-Wilshire area. This vacant, fire-damaged, and boarded-up property offers tremendous potential for restoration, conversion, or new construction. The existing structure features 13 rooms and 5 bathrooms, totaling approximately 5,814 sq.ft., situated on a 7,996 sq.ft. lot with wood-frame construction. Zoned R4, the site supports high-density residential or mixed-use developmentan opportunity rarely available in this prime area of Los Angeles. Enjoy excellent walkability (Walk Score 94) near Wilshire Blvd, shopping, dining, and public transit.Located within prestigious 3rd Street Elementary School District, adding long-term value and desirability. All information regarding the property is not guaranteed by Seller or Brokers. Buyer must conduct a full independent investigation of all permits, zoning, square footage, property condition, and all matters related thereto prior to purchase. Offer subject to interior inspection. PEAD form (see DOCS section) must be completed and submitted. Seller may consider providing private financing to qualified buyers.
Listing Highlights for 427 S Gramercy Pl
Status
Active
Days on Site
6
Property Type
Residential
MLS ®
25608107
Year Built
1920
Total Square Footage
5,814
Lot/Acreage
0.18
County
Los Angeles
Interior Details
- Bedrooms: 13
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: Living Room
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR4
- Roof:
- Others:
- Sewer: Other
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5504025017
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
427 S Gramercy Pl Los Angeles, CA 90020
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