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1057 S Gramercy Pl, Los Angeles, CA, 90019

5beds
3baths
3,601sqft
$1,850,000
$514price/sqft
$12,434/moest. monthly cost
$497,360/yrincome needed

About This Home

Welcome to 1057 S. Gramercy Place, a beautifully maintained traditional two-story residence nestled in the heart of the highly desirable Hancock Park/Mid-Wilshire neighborhood. Blending timeless character with thoughtful updates, this spacious home offers 5 bedrooms and 3 bathrooms, providing an ideal layout for comfortable living and entertaining. Inside, you'll find elegant hardwood flooring, rich wood detailing, and a warm living room centered around a decorative fireplace. A versatile den off the living area makes the perfect home office, library, or flex space. The formal dining room flows into a well-appointed kitchen featuring stainless steel appliances, dual built in Sub-Zero refrigerators, and ample cabinetry for storage. A separate family room with an adjacent bathroom offers additional space for gatherings, movie nights, or everyday relaxation. Step outside to a generously sized backyard, creating the perfect setting for outdoor dining, entertaining, or simply unwinding in a private setting. The detached two-car garage provides convenient parking and additional storage. Ideally located just minutes from Hancock Park, Larchmont Village, Koreatown, Miracle Mile, Downtown Los Angeles, and some of the city's best dining, shopping, and cultural attractions, this exceptional home offers the perfect balance of charm, space, and convenience in one of Los Angeles' most sought after neighborhoods. the property appears to be within the Country Club Park Historic Preservation Overlay Zone (HPOZ).

Getting Around

86
WalkingVery Walkable
65
TransitGood Transit
67
BikeBikeable

Schools

Construction

Condition

  • Year built: 1917

Type & Style

  • Home type: SingleFamily
  • Architectural style: Architectural
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,Disposal
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s)
  • Flooring: Hardwood,Laminate,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,601
  • Total interior livable area: 3,601 sqft

Property

Details

  • Parcel number: 5081026019
  • Zoning: LAR1
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 8,250 sqft
  • Lot size dimensions: 55 x 150

Parking

  • Parking features: Driveway Gate,Private,Garage - 2 Car
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,354$112,248
Home Insurance *$348$4,176
Property Taxes $1,960$23,520
Electricity $772$9,266
Total$12,434$149,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$426,308/yr
40% on housing$373,020/yr
45% on housing$331,573/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$514This listing

vs Other Active Listings

Avg $/sqft

ZIP 90019$521
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90019$740
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2023-10-13Listing removed--
2023-07-14Listed for sale$2,199,000
2002-04-15Sold$460,000
1998-08-11Sold$335,000
1998-05-21Sold$250,000

Coming Soon

AgentDae Young Hur
BrokerageKeller Williams Larchmont

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