705 S Gramercy Place, Los Angeles, CA 90005

• 6 beds
• 3,640 sqft

Property Description

Welcome to 705-707 S Gramercy Place, a premier duplex zoned LAR3 perfectly situated at the highly desirable crossroads of Koreatown, Mid-Wilshire, and Hancock Park. This rare property offers the space and feel of two single-family homes, making it an ideal choice for an owner-user looking to live in one unit while generating premium income from the other, or an investor seeking a high-quality asset in a robust market. All units are individually metered for water, gas, and electricity, providing ease of utility management. Property Highlights: *Massive Unit Sizes: Boasting approximately 3,640 total square feet, the property is split into an upstairs and a downstairs unit that span an incredibly generous ~1,820 square feet each. Both units offer expansive, open-concept living areas and large bedrooms, providing a scale of living rarely found in the city's multi-family properties. *Premium Secured Parking: A true rarity for the neighborhood, parking will never be an issue. The property features a secure, automatic remote-controlled driveway gate that opens to a sprawling rear lot. It includes a covered two-car garage along with ample open parking spaces, easily accommodating multiple vehicles for both units with ultimate privacy and peace of mind. *Unbeatable Location: Located in th

Listing Status:

Active

Date Added:

April 1, 2026

Data Last Updated:

April 5, 2026 at 7:07AM

Listing Office:

I & J Properties, Inc. : 310-570-2588

Listing Agent:

Jamie Lee : 818-913-5561

MLS ID:

CL26672721

Interior

• Laundry: In Kitchen
• Flooring: Laminate
• A/C: Central Air
• Heating: CentralForced Air

Exterior

• Parking: OtherParking spaces: 6

Location

• County: Los Angeles

Lot

• Zoning: LAR35092027024
• View: None

Utilities

• Utilities: Other Water/Sewer
• Sewer: Other