$1,325,000

1624 S Gramercy, Los Angeles, CA 90019

5 beds |
3 baths |
3,016 sqft

Single-Family Home
Built in 1907
8,925sqft lot
1 car garage
$439/sqft
Listed 5 months ago

Property Description

Complete Fixer â€“ 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.

Listing Status:: Active
Date Added:: November 14, 2025
Data Last Updated:: April 15, 2026 at 4:06AM
Listing Office:: My Valley Realty : 818-668-7087
Listing Agent:: Soraaya Eslamieh : 818-294-0373
MLS ID:: CRSR25260666

Laundry: Inside
A/C: None
Fireplace: Living RoomFireplace

Pool: None
Parking: DetachedParking spaces: 1

General: 2

HOA Amenities: 0.0
School District: Los Angeles Unified
County: Los Angeles

Zoning: 5073015005
View: None

This listing courtesy of Soraaya Eslamieh , My Valley Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Carson - Gore Academy of Enviornmental Studies

3200 W Washington Blvd, Los Angeles, CA, 90018

Grades KG-5

0.46 miles away

Pico Pico Middle School

1512 Arlington Ave, Los Angeles, CA, 90019

Grades 6-8

0.34 miles away

Joseph Pomeroy Widney Career Preparatory and Transition Center

2302 S Gramercy Pl, Los Angeles, CA, 90018

Grades 11-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.