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Opportunity knocks in the Gramercy Park neighborhood of South Los Angeles! This character-rich Spanish-style 2-bedroom, 1-bath home offers strong potential for investors or buyers looking to restore and add value. Subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and 9A registration requirements—buyers to verify and satisfy themselves. The home features timeless architectural elements including a fireplace in the living room, arched entry into a formal dining room, and an attached sunroom that adds flexible living space. The dining room flows into the kitchen with an interior laundry area and direct access to the rear yard. A detached 2-car garage and private fenced yard provide additional utility and potential. Centrally located with convenient access to multiple major freeways, the property offers connectivity throughout Los Angeles—from LAX and the South Bay to Downtown LA—all within approximately 15 minutes. Nearby schools and local amenities add to the overall appeal.
Listing agent: Mike Potier DRE #00458210 mike@mikepotier.com, Listing office: Vylla Home, Inc.
MLS data updated 10/16/2026, 8:09:07 PM PT
Source: CRMLS, MLS #: PW26099766
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 6, 2026
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
$510,000Asking price recorded · Aug 6, 2026ZIP 90047 · Aug 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.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.
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.