| Primary address | 701 Gramercy Drive, Los Angeles |
| Alternate address(es) | 3940 W 7th St 701 S Gramercy Dr |
| Zip code | 90005 |
| County | Los Angeles |
| Municipality | Los Angeles |
| Neighborhood | Koreatown |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 11/13/2015 |
| Sale price | $13,400,000 |
| Arm's length | Register |
| Current property tax | $188,122 |
| Building sqft | 48,852 |
| Building class | Five or More Apartments or Units - 4 Stories or Less (0500) |
| Acreage | 0.569
|
| Units | 87 |
| Year built | 1926 |
| Year last altered | 1971 |
| Stories | 4 |
| Zoning district | Register |
| 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. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
701 Gramercy Drive, Los Angeles, CA 90005 was built in 1926 and has a total of 48,852 square feet.
What is the assessed value of 701 Gramercy Drive, Los Angeles, CA 90005 and the property tax paid?Assessed at $15,313,681, the tax amount paid for 701 Gramercy Drive, Los Angeles, CA 90005 is $181,834.
When was 701 Gramercy Drive, Los Angeles, CA 90005 last sold and what was the last sale price?701 Gramercy Drive, Los Angeles, CA 90005 was last sold in 11/13/2015 for $13,400,000.
How many residential units does this building have?This building has 87 residential unit(s).
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 701 Gramercy Drive, Los Angeles, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 701 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 | $181,835 |
| Current property tax | $188,122 |
| Market value | $15,313,681 |
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Code | Description | Tax levied |
|---|---|---|
| 00194 | Health License Fees | Register |
| 03694 | La County Regional Park And Open Space District | Register |
| 18851 | Los Angeles City Light Maintenance | Register |
| 03071 | Los Angeles County Flood Control | Register |
| 00170 | Los Angeles County Trauma/Emerg Srvs | Register |
Here's the assessment & property tax history for 701 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 | $15,313,681 | 1.1874 | $181,835 | +0.95% |
| 2024-2025 | $15,014,182 | 1.1997 | $180,125 | +1.89% |
| 2023-2024 | $14,739,705 | 1.1994 | $176,788 | +4.96% |
| 2022-2023 | $14,451,836 | 1.1655 | $168,436 | +1.15% |
| 2021-2022 | $14,169,611 | 1.1752 | $166,521 | -1.07% |
The complete history of permits filed for 701 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.
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.
| Total population | 39,142 |
| Median age | 35.2 |
| Average household income | $83,299 |
| Family households | 43.2% |
| Occupied housing units | 18,289 |
| Owner occupied units | 8.9% |
| Average number of people per household | 2.11 |
| Median year structure built | 1963 |
| Median value for units with a mortgage | $976,200 |
| Median value for units without a mortgage | $968,800 |
Create a free account to unlock extended information for 701 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 | Register |
| Landslides and liquefaction map | Register |
| Seismic gas shut off valve installed | Register |
| Earthquake-induced liquefaction area | Register |
Access the detailed traffic volume map for 701 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.
| View daily traffic map |
Here are the neighbors for 701 Gramercy Drive, Los Angeles.