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  • 933 S Gramercy Place

933 S Gramercy Place, Los Angeles, CA 90019

$1,199,000 Approx. USD 0 beds, 0 baths

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Photo of Michael Tunick

Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Listing Agent


Matthew Paul | MatthewTPaul@gmail.com
Lic#: 01394372
Broker: Courtesy of Rodeo Realty
Phone: 310-499-3579

Agent Remarks

933 South Gramercy Place offers a prime ground-up multifamily development opportunity in Los Angeles' thriving Mid-City/Koreatown corridor. This vacant parcel is zoned LAR3 on a 7,506 square foot lot and benefits from TOC Tier 3 incentives, allowing for a density bonus above the base zoning while reducing parking and setback requirements. Previously approved plans for CONSTRUCTION OF NEW 17-UNIT, 6-STORY 67-FEET IN HEIGHT, 16,373 SF APARTMENT BUILDING. The proposed program capitalizes on transit-oriented incentives, minimizing hard costs tied to subterranean parking and aligning with the city's sustainable urban growth objectives. 933 South Gramercy Place is a strategically positioned, clean land play with a clear entitlement path, strong rental demand drivers, and conceptual plans available for investor review. This is a compelling opportunity for developers and investors seeking to place capital in one of Los Angeles' strongest rental growth markets, with the framework in place to deliver a high-performing multifamily asset and generate substantial long-term returns. BRING ALL OFFERS!

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25589527
List price is $1,199,000 Reduced by $96,000 on 3/16/2026
Price: $1,199,000
Beds: 0
Baths: 0
0.17 acres
Lot size: 0.1725
County: Los Angeles
Zoning: LAR3
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 6/11/2026

 Days On Market (DOM): 283

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.054811, -118.313509.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Michael Tunick

Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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