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Closed
- Listed price
- $1,399,000
- Listed May 28, 2014
- Sold price
- $1,330,000
- Sold May 22, 2015
6,249 sqft lot|1955 Built|230 MLS days on market
736 GRAMERCY Dr, Los Angeles, CA 90005
Property Description
Just Reduced--Huge Upside in this Mid-Wilshire/Koreatown Value-Add Opportunity. 2 of 7 units will be delivered vacant at closing (both 1+1s). All major systems updated or replaced including all copper plumbing, replaced main sewer line, newer water heater and ~5 year-old roof. Ready for an investor to update the unit interiors and realize the area's skyrocketing rents for renovated apartments. Outstanding unit mix of 4 1+1s, 2 2+1s, and a 2+1.5. Located on one of the quietest, most-desirable streets in Mid-Wilshire/Koreatown. Nicely landscaped with mature trees, rear patio currently underutilized and could be a major draw for future tenants. LAR4 zoning allows residential redevelopment of up to 15 units (buyer to verify).
Listing agent: Adam PetersonDRE #01815802adam.peterson@cbre.com, Listing office: CB Richard Ellis, Inc.
MLS data updated 10/31/2026, 9:56:42 AM PT
Source: CRMLSMLS #: 14765263
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,330,000
May 22, 2015
Available records32014–2015
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90005 · Oct 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 90005 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
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.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.