733 N Gramercy Place, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

733 N Gramercy Place, Los Angeles, California 90038 home-pic-0
ACTIVE$1,388,000
733 N Gramercy Place, Los Angeles, California 90038
3Beds
4Baths
2,055Sqft
1,527Lot
Year Built
2018
Close
-
List price
$1.39M
Original List price
$1.39M
Price/Sqft
$675
HOA
-
Days on market
-
Sold On
-
MLS number
25602097
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic, Valley
Deck
ViewCity Lights,Panoramic,Valley

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.39M(93th), sqft - 2055(64th), beds - 3(50th), baths - 4(50th).

PRICE REDUCED! Newer Construction 3BR/4BA Corner Unit with Rooftop Deck + Iconic Views! Modern home located in the heart of Hollywood's Studio District. Built in 2018, this spacious home features an open-concept floor plan with natural hardwood floors, recessed lighting, and abundant natural light. The main level includes a versatile bedroom/office, powder room, and direct access to a private 2-car garage.The second level opens to a large great room and chef's kitchen with quartz center island, stainless steel appliances, gas range, and built-in ceiling speakers. Three additional en-suite bedrooms are located on the upper levels, each with generous closet space and updated bathrooms. Smart home features include app/voice-controlled lighting, in-ceiling speaker system with 4 zones and individual amp controls, MyQ smart garage access, and security cameras at all entry points. The private rooftop deck offers wrap-around VIEWS of the Hollywood Sign and Downtown LA, complete with a built-in BBQ and multiple seating areas. Two guest parking spaces included. Prime location near Netflix HQ, Paramount, Sunset Gower, Raleigh Studios, and Larchmont Village.

Price History

Date
Event
Price
10/06/25
Listing
$1,388,000
05/06/15
Sold
$801,000
05/10/02
Sold
$320,000
09/21/99
Sold
$270,000
Condition Rating
Excellent

Built in 2018, this property is practically new construction (6 years old) and features a modern open-concept design with natural hardwood floors, recessed lighting, and smart home technology. The chef's kitchen boasts a quartz center island, stainless steel appliances, and a gas range, all in pristine condition. Bathrooms are updated with contemporary fixtures and finishes. The overall quality, style, and features throughout the home, including the private rooftop deck with a built-in BBQ, meet the highest current standards with no visible wear or deferred maintenance.
Pros & Cons

Pros

Prime Location: Situated in the heart of Hollywood's Studio District, offering proximity to major entertainment companies (Netflix HQ, Paramount, etc.) and vibrant Larchmont Village.
Iconic Rooftop Deck & Views: Features a private rooftop deck with wrap-around views of the Hollywood Sign and Downtown LA, complete with a built-in BBQ and multiple seating areas, ideal for entertaining.
Newer Construction & Modern Amenities: Built in 2018, the home boasts an open-concept floor plan, natural hardwood floors, recessed lighting, abundant natural light, a chef's kitchen with quartz island and stainless steel appliances, and integrated smart home features.
Spacious & Versatile Layout: A spacious 3-bedroom, 4-bathroom corner unit with a versatile main-level bedroom/office and three en-suite bedrooms on upper levels, providing ample and private living spaces.
Convenient Parking: Includes a private 2-car garage with smart access and two additional guest parking spaces, a significant advantage in a dense urban area.

Cons

Overpriced Relative to Market Estimate: The current listing price is approximately 6% higher than the property's estimated market value, which could deter potential buyers seeking fair market value.
Limited Private Outdoor Space: Despite being listed as a Single Family Residence, the lot size of 1527 sqft is very small, suggesting minimal traditional yard space beyond the rooftop deck, which may not appeal to all SFR buyers.
Potential Market Resistance: The description mentions 'PRICE REDUCED!', which, combined with the listing price being above the estimated value, suggests the property may have faced challenges in attracting offers at its initial or previous price points.

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