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1518 S Gramercy Place, Los Angeles, CA 90019

Commercial property

1518 S Gramercy Place, Los Angeles, CA 90019 Sold December 2024 CRMLS
$3,230,000Sold December 2024

Listing Agent: Christopher Furstenberg (DRE #01208924) · Listing Office: Nourmand & Associates-HW · Contact: 323-462-6262 · Bought with: Robert A Rodriguez · Compass · MLS #24405091 · Source: CRMLS

7,193
Building Sq Ft
13,165 sqft
Lot Size
1933
Year Built
LAR4
Zoning
Commercial property
Type

About this commercial property

Live work opportunity in a gorgeous 7200 SQ ' Art Deco space with 5 bedrooms/offices, 6 baths, and a separate one-bed + 1 bath apartment. The dramatic, inspiring blend of historic charm and modern convenience features an auditorium/assembly hall, banquet hall/kitchen, multiple offices/bedrooms, residences, and private gardens. The main assembly hall spans approximately 3,000 square feet with 20-foot ceilings and eight large stained-glass windows. The apx. 1900 sq ft banquet hall includes a new designer kitchen, three rooms (office/bedrooms) with en-suite baths, a stage, and a half bath/powder room. Two additional private offices (230 square feet each) with adjoining baths and garden access. The second floor houses a 700-square-foot apartment with a separate entrance, one bedroom, one bath, a kitchen, and a large living room. Architect David Carthage Coleman designed this historic gem for the Mogen David Congregation. In 1953, it was converted to the Church of Divine Guidance, and in 2021, it was purchased by a professional set decorator/architect buff & a well-known, established builder. Modern amenities include fully updated electrical, plumbing, HVAC, and telecommunications systems. The property has four 5-ton heating and cooling units, a tankless water heater, a hot water recirculation system, and WiFi with speeds up to 1200 Mbps available from Spectrum. Exterior features include re-envisioned landscaping, a circular driveway with two automatic gates, and parking for 6-8 cars. Historic elements are thoughtfully preserved, including 22 stained glass windows, an original stage with faux carved painting, refinished oak and maple floors, and restored original tiles. The color palette enhances the historical features, creating a sense of celebration. With LED lighting throughout, new insulation in all walls, and custom tile in offices and the primary bath, this property perfectly balances historical inspiration and modern convenience in a prime, quiet location. It is ideal for those seeking a unique and adaptable space.

Listing description from the December 2024 sale, as reported to CRMLS.

Sale history

$3,230,000
Sold December 2024 · listed $3,250,000, on market June 2024 · MLS #24405091 · Source: CRMLS
Listing Agent: Christopher Furstenberg · Listing Office: Nourmand & Associates-HW · Contact: 323-462-6262 · Bought with: Robert A Rodriguez · Compass
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