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  • 705 S Gramercy Place

705 S Gramercy Place, Los Angeles, CA 90005

$1,490,000 Approx. USD 6 beds, 5 baths
3,640 sqft

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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com
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Lic#: 01276603
NRDS ID: 187514104
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Jamie Lee | jamie91381@gmail.com
Lic#: 01462186
Broker: Courtesy of I & J Properties, Inc.
Phone: 818-913-5561

Co Listing Agent


Robert Lee | robert.lee@injproperties.com
Lic#: 01231951
Broker: Courtesy of I & J Properties, Inc.
Phone: 213-925-3632

Agent Remarks

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 the vibrant heart of LA, residents are just moments away from world-class dining, trendy cafes, shopping, and entertainment. With incredible walkability and immediate access to major transit lines, the best of city living is right outside the front door. With sprawling floor plans, highly coveted gated parking, and a turnkey location, this duplex is a standout must-see. Don't miss your chance to own a significant piece of prime Los Angeles real estate!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26672721
List price is $1,490,000 Reduced by $160,000 on 5/2/2026
Price: $1,490,000
Beds: 6
Baths: 5
None fireplaces
Built in 1922
3,640 sqft
2 stories
0.12 acres
Lot size: 0.1185
County: Los Angeles
Property style: Contemporary
Zoning: LAR3
Interior features: Ceiling Fan(s)
Appliances: Gas Cooktop,Disposal,Gas Oven
Parking description: Shared Driveway
Heating/cooling: Central Air
Heating description: Central,Forced Air
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 8/14/2026

 Days On Market (DOM): 185

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

The style of this listing is Contemporary.
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Lat/Long: 34.059562, -118.313488.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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