933 S Gramercy Pl Los Angeles, CA 90019

Price
Not For Sale
Last Update
Apr 19th, 2024
Type
Off Market
Status
Off Market
Claim to UnlockIs this your property?
Unlock Photos, Data & Manage this property.
Off Market

Snapshot

Property Type
Other
Lot Size
0.17 acres
Property Sqft
MLS Number
24-344207
Year Built
Days On Market

Description

933 South Gramercy Place, an unrivaled investment opportunity in the heart of Los Angeles. This VACANT lot is your canvas for a visionary project, boasting fully approved Ready to Issue (RTI) plans for an exquisite development of 17 units. The time to break ground is now, ensuring a swift and seamless path to realizing your real estate aspirations. Among the 17 planned units, two cater to low-income housing requirements, showcasing our dedication to inclusive living spaces. This distinctive blend sets the stage for a project that not only promises impressive returns but also contributes positively to the fabric of the neighborhood.Projected to achieve an impressive After-Repair Value (ARV) of $7 to $8 million, 933 South Gramercy Place presents a golden opportunity for substantial returns on your investment. This prime location, coupled with meticulously designed plans, positions your development to stand out in the market and command a premium valuation.Designated under TOC Tier 3, this property benefits from Transit Oriented Communities incentives, unlocking a world of possibilities for optimizing your investment. Los Angeles' vision for sustainable urban growth aligns seamlessly with the potential of 933 South Gramercy Place.

More Details

Provider
Keller Williams Santa Monica
MLS ID
CLAWCA
MLS Name
TheMLSCLAW
MLS Number
24-344207
Source
listhub
PARTICIPANT
Name
Alex 'Zan' Sacker
Primary Phone
(310) 482-2200
Key
3YD-CLAWCA-X55299
Email
zan@sackerlovell.com
BROKER
Name
Keller Williams Santa Monica
Phone
(310) 482-2200
OFFICE
Name
KW Advisors
Phone
(310) 482-2200
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$1,499,999 KW Advisors
Listed For Sale$1,499,999 KW Advisors
Report issue with price history

Nearby Schools

Elementary School

Wilton Place Elementary

0.3 miles awayKG - 05

Elementary School

Wilshire Park Elementary

0.4 miles awayKG - 05

Middle School

Synergy Kinetic Academy

0.5 miles away06 - 08
Show more