Los Angeles County  »  721 Gramercy Dr

721 Gramercy Drive, Los Angeles, CA 90005 Property Information

721 Gramercy Drive, Los Angeles, CA 90005 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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721 Gramercy Drive, Los Angeles, CA 90005
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Address

Primary address 721 Gramercy Drive, Los Angeles
Alternate address(es) 721 S Gramercy Dr
723 S Gramercy Dr
Zip code 90005
County Los Angeles
Municipality Los Angeles
Neighborhood Koreatown

Sales & Tax Overview for 721 Gramercy Drive, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/11/2024
Sale price $1,286,000
Arm's length
Current property tax $15,947

Lot & Building Information for 721 Gramercy Drive, Los Angeles

Building sqft 1,817
Building class Single Family Residence (0100)
Acreage 0.144
Units 1
Year built 1920
Year last altered
Bedrooms 4
Bathrooms 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Multiple Dwelling (R4)
Weed hazard No
School district Los Angeles Unified School District

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 721 Gramercy Drive, Los Angeles

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  • • Improvements for 721 Gramercy Drive, Los Angeles , including their type, square footage, grade and when they were built.
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About 721 Gramercy Drive, Los Angeles

What is the year built & the total sq. ft. for 721 Gramercy Drive, Los Angeles, CA 90005?

721 Gramercy Drive, Los Angeles, CA 90005 was built in 1920 and has a total of 1,817 square feet.

What is the assessed value of 721 Gramercy Drive, Los Angeles, CA 90005 and the property tax paid?

Assessed at $1,311,720, the tax amount paid for 721 Gramercy Drive, Los Angeles, CA 90005 is $15,575.

When was 721 Gramercy Drive, Los Angeles, CA 90005 last sold?

721 Gramercy Drive, Los Angeles, CA 90005 was last sold in 01/29/2025.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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Past Sales & Property History for 721 Gramercy Drive, Los Angeles

Create a free account to view the complete sales history for 721 Gramercy Drive, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
12/11/2024 $1,286,000
11/06/2015 $1,100,000
04/29/2015 $765,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 721 Gramercy Drive, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
01/29/2025 Trust Deed 02/01/2055
01/29/2025 Grant Deed
(File correction)
12/11/2024 Grant Deed
10/17/2018 Assignment of Rents
Assignment Trust Deed
Financing Statement
10/17/2017 Trust Deed 11/01/2047
01/11/2017 Reconveyance
11/06/2015 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
04/29/2015 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
04/29/2015 Interspousal Transfer Grant Deed
06/02/2011 Trust Deed
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R: Recorded date
D: Document date

Property Taxes for 721 Gramercy Drive, Los Angeles

Access detailed property tax data for 721 Gramercy Drive, Los Angeles, CA 90005. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $15,575
Current property tax $15,947
Market value $1,311,720
Tax per sqft $9

Special Assessments And Penalties for 721 Gramercy Drive, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 721 Gramercy Drive, Los Angeles

Here's the assessment & property tax history for 721 Gramercy Drive, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $1,311,720 1.1874 $15,575 -0.30%
2024-2025 $1,302,170 1.1997 $15,622 +2.03%
2023-2024 $1,276,638 1.1994 $15,312 +4.97%
2022-2023 $1,251,607 1.1655 $14,587 +1.16%
2021-2022 $1,227,067 1.1752 $14,420 -1.07%

Permits for 721 Gramercy Drive, Los Angeles

The complete history of permits filed for 721 Gramercy Drive, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
04/22/2026
04/22/2026
04/22/2026
11/05/2015
03/17/2011
05/03/2010
04/20/2010
03/30/2010
03/30/2010
03/30/2010
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.

Check out recently sold homes in Los-Angeles and see how their prices compare.

Risk

Create a free account to unlock extended information for 721 Gramercy Drive, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Seismic gas shut off valve installed
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 721 Gramercy Drive, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Wilton Place Elementary School 4 Public K-5 316 0.20
Wilshire Park Elementary School 7 Public K-5 350 0.26
St. James Episcopal School NR Private PK-6 374 0.26
St. James Episcopal School NR Private PK-6 374 0.26
Gabriele Academy International NR Private 1-12 14 0.34

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Magnolia Science Academy 6 School 7 Charter 6-8 91 0.20
Gabriele Academy International NR Private 1-12 14 0.34
St. Gregory Nazianzen NR Private K-8 106 0.52
St. Brendan NR Private K-8 303 0.77
UCLA Community School 5 Public K-12 941 0.82

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Gabriele Academy International NR Private 1-12 14 0.34
UCLA Community School 5 Public K-12 941 0.82
Rfk Community Schools-New Open World Academy K-12 4 Public K-12 968 0.87
Rfk Community Schools- For The Visual Arts And Humanities 5 Public 9-12 489 0.89
Rfk Community Schools-Ambassador-Global Leadership 3 Public 6-12 548 0.89

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 721 Gramercy Drive, Los Angeles

Here are the neighbors for 721 Gramercy Drive, Los Angeles.

Address Square feet Purchase date Purchase price
701 Gramercy Dr, Los Angeles 48,852 11/13/2015 $13,400,000
722 S Gramercy Pl, Los Angeles 1,593 04/16/2015 $670,000
3919 W 8th St, Los Angeles 11,057 03/01/2022
714 S Gramercy Pl, Los Angeles 2,260 03/06/2002
736 Gramercy Dr, Los Angeles 6,076 05/22/2015 $1,330,000
724 Gramercy Dr, Los Angeles 1,622 07/30/2024
3945 W 8th St, Los Angeles 11,164 05/22/2024 $2,900,000
749 Gramercy Dr, Los Angeles 5,465 09/16/2020
742 Gramercy Dr, Los Angeles 1,688 07/09/2012
740 S Gramercy Pl, Los Angeles 2,034 05/22/2019
729 Gramercy Dr, Los Angeles 6,382 05/09/2018 $1,650,000
734 S Gramercy Pl, Los Angeles 2,236 04/16/2024
3942 W 7th St, Los Angeles 2,681 04/02/2018
726 S Gramercy Pl, Los Angeles 1,600 07/13/2016
710 S Gramercy Pl, Los Angeles 2,369 10/28/2010
730 S Gramercy Pl, Los Angeles 1,280 06/30/2025
743 Gramercy Dr, Los Angeles 02/20/2020
732 Gramercy Dr, Los Angeles 5,340 06/04/2025
718 Gramercy Dr, Los Angeles 2,149 06/07/2010
3912 W 7th St, Los Angeles 2,944 06/16/2017

Nearby ZIP Codes for 721 Gramercy Drive, Los Angeles

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