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Closed
- Listed price
- $3,100,000
- Listed Apr 14, 2016
- Sold price
- $2,750,000
- Sold Jul 11, 2016
8,407 sqft lot|1959 Built|12 MLS days on market
537 S GRAMERCY Pl, Los Angeles, CA 90020
Property Description
BRING ALL OFFERS! SELLERS HAVE IDENTIFIED THEIR 1031 EXCHANGE UPLEG PROPERTY. We are pleased to present the 537 S Gramercy Place Apartments - a 16 unit apartment building located in a Prime Mid-Wilshire location just adjacent to Hancock Park. The building was originally constructed in 1959 and consists of 8,720 square feet of living space.The property features Eight 1 bedroom / 1 bathroom units and Eight Studios. The owners have done a fantastic job maintaining the property. Also, there are twelve on-site parking spaces as well as on-site laundry. Further, the property is situated on a 8,407 Square Foot lot zoned R-4 which could be used for potential future development (BUYER TO VERIFY WITH THE CITY).
Listing agent: Jonathan PrakashDRE #01483131jonathan@mvpcre.com, Listing office: Keller Williams-Santa Monica
MLS data updated 11/4/2026, 4:19:01 AM PT
Source: CRMLSMLS #: 16115396
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,750,000
Jul 11, 2016
Available records22016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90020 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90020 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.