BUILDINGS/MID-CITY/1327 S GRAMERCY PL
/// BUILDING FILE · ROLL 2025

1327 S GRAMERCY PL.

Los Angeles, CA 90019 · APN 5073-004-002

/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

UNITS

12

BUILDING SF

10,997

SF / UNIT

916

YEAR BUILT

-

BEDROOMS

10

BATHROOMS

12

USE · CODE 0500

5+ UNITS

/// OWN THIS BUILDING?

Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.

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/// ASSESSED VALUE
LAND$1,924,740
IMPROVEMENTS$468,180
TOTAL$2,392,920
LAND BASE YEAR2023
OWNERSHIP TENUREAPPROX. 3 YEARS

PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.

/// LAST TRANSFER
RECORDEDJUL 5, 2023
EST. PRICE (2023)$2,300,000
EST. $/UNIT$191,667

PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.

/// RENT CONTROL

RENT CONTROL STATUS NOT DETERMINED

These records carry no year built for this parcel, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD.

HOW LA RSO WORKS →INFERRED FROM PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90019

Recent sales nearby.

PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.

/// COMPARE

Buildings like this one.

/// SUBMARKET

This building sits in Mid-City.

RECORDED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →

/// COMMON QUESTIONS · 1327 S GRAMERCY PL

The short answers.

Is 1327 S Gramercy Pl rent controlled?

These records carry no year built for this parcel, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD. Confirm the address with the LA Housing Department or in ZIMAS before you rely on any assumption for pricing or notices.

How many units does 1327 S Gramercy Pl have?

County records list 12 units at 1327 S Gramercy Pl, classified as 5+ units across 10,997 square feet of building area, averaging about 916 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When did 1327 S Gramercy Pl last sell, and for how much?

The last recorded transfer was July 2023, at an estimated $2,300,000, about $191,667 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.

What is 1327 S Gramercy Pl assessed at, and is that what it is worth?

The current assessed value is $2,392,920 ($1,924,740 land, $468,180 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.

What is the Mid-City apartment market doing?

1327 S Gramercy Pl sits in Mid-City, in Los Angeles. Recorded sale counts, median price per unit, median price per square foot, and the share of rent-control-era stock for the submarket are published and updated as the county roll refreshes. See the Mid-City market page for the current figures rather than a number quoted here.

How do I find out what 1327 S Gramercy Pl would sell for today?

Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.

/// OWNER READING
/// INTERESTED IN THIS BUILDING?

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FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS. 48H TURNAROUND.

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