Financial
Distress signals
Property profile

427 Gramercy Pl Los Angeles, CA 90020

OFF-MARKET
Residential income homes
Property ID
US09-9602443
5,814 SF 0.18 ac lot Built 1920
Last sale Jan 2026 · $1,200,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 427 S. Gramercy Place in Los Angeles is a vacant, wood-frame structure built in 1920. It comprises approximately 5,814 square feet and is arranged with 13 rooms and 5 bathrooms. The building is fire-damaged and boarded, presenting a redevelopment scenario that may support restoration, conversion, or new construction. The parcel is approximately 7,996 square feet and is zoned R4, which allows for high-density residential or mixed-use development. The site is located in the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$942k
Assessed land$565k
Assessed improvement$377k
Effective rate1.28%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.29M
Sales comparison$1.12M

Realmo valuation models over county records and 53 qualifying comparable sales.

Recently sold

What actually traded nearby?
$214/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$156 – $294
Qualifying comparables53

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAR4
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.7
Veterinary Clinic8.5
Tanning Salon8.4

Location

427 Gramercy Pl Los Angeles, CA 90020-4912
County assessor Recorded deeds · 12 transfers 53 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
354 Normandie, Los Angeles, CA 90020-3101 $1,564,797 May 2024 7,604 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable in this city
6 properties of the same type in this city
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