453 S Gramercy Pl (2020)
Los Angeles, CA 90020 · Koreatown
- Sale Price
- $4,050,000
- We Represented
- The Seller
- Sale Date
- 2020
- Units
- 14
- Building Size
- 8,594 SF
- Price Per Unit
- $289,286
- Price Per SF
- $471
Sale Summary
453 S Gramercy Pl is a 14-unit apartment building in Los Angeles, CA 90020, closed in 2020 for $4,050,000. That works out to $289,286 per unit and $471 per square foot of building area.
This building has been part of two separate Highlight transactions. In this 2020 sale we represented the seller only, and the buyer was represented by another broker. We held multiple tours for individual investors and brokers looking for a stabilized asset. Most of the units had been fully renovated and the seismic retrofit was complete. We also handled the building's January 2017 sale, in which we represented both the buyer and the seller (see the 2017 sale).
The property sits in the Koreatown submarket (Central LA), which scores 93 for Walk Score and 80 for Transit Score.
This sale is part of the Highlight Multifamily Group track record. See it on our closed sales map.