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538 South Gramercy Place, Los Angeles, CA 90020 Property Information

538 South Gramercy Place, Los Angeles, CA 90020 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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538 South Gramercy Place, Los Angeles, CA 90020
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Address

Primary address 538 South Gramercy Place, Los Angeles
Alternate address(es) 540 S Gramercy Pl
542 S Gramercy Pl
Zip code 90020
County Los Angeles
Municipality Los Angeles
Neighborhood Koreatown

Sales & Tax Overview for 538 South Gramercy Place, Los Angeles

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

Sale date 02/12/2010
Sale price $1,050,010
Arm's length
Current property tax $17,879

Lot & Building Information for 538 South Gramercy Place, Los Angeles

Building sqft 7,221
Building class Five or More Apartments or Units - 4 Stories or Less (0500)
Acreage 0.207
Units 8
Year built 1955
Year last altered 1971
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 538 South Gramercy Place, Los Angeles

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  • • Improvements for 538 South Gramercy Place, Los Angeles , including their type, square footage, grade and when they were built.
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About 538 South Gramercy Place, Los Angeles

What is the year built & the total sq. ft. for 538 South Gramercy Place, Los Angeles, CA 90020?

538 South Gramercy Place, Los Angeles, CA 90020 was built in 1955 and has a total of 7,221 square feet.

What is the assessed value of 538 South Gramercy Place, Los Angeles, CA 90020 and the property tax paid?

Assessed at $1,382,458, the tax amount paid for 538 South Gramercy Place, Los Angeles, CA 90020 is $16,415.

When was 538 South Gramercy Place, Los Angeles, CA 90020 last sold?

538 South Gramercy Place, Los Angeles, CA 90020 was last sold in 11/25/2014.

How many residential units does this building have?

This building has 8 residential unit(s).

Ownership Information

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Real Estate Reports:
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.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 538 South Gramercy Place, Los Angeles

Create a free account to view the complete sales history for 538 South Gramercy Place, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
02/12/2010 $1,050,010
09/22/1999 $330,000
03/04/1994 $117,113
       
       
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*Here are the three most recent sales for this property.


Title Documents for 538 South Gramercy Place, 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
04/14/2017 Reconveyance
11/25/2014 Grant Deed
(File correction - Single parcel sale)
02/12/2010 Assignment of Lease
Assignment of Rents
Trust Deed
02/12/2010 Deed
(Sale for consideration - full DTT - Single parcel sale)
08/02/2002 Deed
(File correction - Single parcel sale)
12/23/1999 Deed
(File correction - Single parcel sale)
09/22/1999 Deed
07/28/1999 Deed
07/06/1999 Deed
03/22/1994 Deed
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R: Recorded date
D: Document date

Property Taxes for 538 South Gramercy Place, Los Angeles

Access detailed property tax data for 538 South Gramercy Place, Los Angeles, CA 90020. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $16,415
Current property tax $17,879
Market value $1,382,458

Special Assessments And Penalties for 538 South Gramercy Place, 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
00194 Health License Fees
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

Assessment History for 538 South Gramercy Place, Los Angeles

Here's the assessment & property tax history for 538 South Gramercy Place, 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 $1,382,458 1.1874 $16,415 +0.95%
2024-2025 $1,355,352 1.1997 $16,260 +2.03%
2023-2024 $1,328,777 1.1994 $15,937 +4.97%
2022-2023 $1,302,724 1.1655 $15,183 +1.16%
2021-2022 $1,277,181 1.1752 $15,009 -1.07%

Permits for 538 South Gramercy Place, Los Angeles

The complete history of permits filed for 538 South Gramercy Place, 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
01/23/2026
07/30/2021
01/13/2010
             
             
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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

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Demographics by Zip Code

Total population 38,994
Median age 36.2
Average household income $90,287
Family households 48.1%
Occupied housing units 17,942
Owner occupied units 9.0%
Average number of people per household 2.16
Median year structure built 1973
Median value for units with a mortgage $905,000
Median value for units without a mortgage $747,500

Risk

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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

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Neighbors for 538 South Gramercy Place, Los Angeles

Here are the neighbors for 538 South Gramercy Place, Los Angeles.

Address Square feet Purchase date Purchase price
3393 Wilshire Blvd, Los Angeles 3,598 10/05/1994
409 S St Andrews Pl, Los Angeles 09/06/2016 $1,400,000
447 S St Andrews Pl, Los Angeles 9,772 04/11/2013
458 S Gramercy Pl, Los Angeles 9,600 04/21/2026 $2,399,000
532 S Gramercy Pl, Los Angeles 17,280 06/06/2018 $5,600,000
634 S Gramercy Pl, Los Angeles 49,883
500 S Gramercy Pl, Los Angeles 33,004 10/24/2002 $2,515,525
436 S Gramercy Pl, Los Angeles 5,515 08/14/2002
514 S Gramercy Pl, Los Angeles 19,699 06/06/2018 $2,592,500
4254 W 5th St, Los Angeles 9,496 12/20/2012
401 S St Andrews Pl, Los Angeles 13,791 06/20/2013 $2,535,000
421 S St Andrews Pl, Los Angeles 9,636 01/08/2020 $6,235,000
543 S St Andrews Pl, Los Angeles 11,341 08/24/2012
544 S Gramercy Pl, Los Angeles 72,704 08/05/2024 $4,855,500
415 S St Andrews Pl, Los Angeles 9,684 01/08/2020 $6,235,000
553 S St Andrews Pl, Los Angeles 45,234 01/04/2023
420 S Gramercy Pl, Los Angeles 5,186 08/07/2012
515 S St Andrews Pl, Los Angeles 26,031 05/20/2021 $9,250,000
3921 Wilshire Blvd, Los Angeles 81,859 10/05/1994
3903 Wilshire Blvd, Los Angeles 32,843

Nearby ZIP Codes for 538 South Gramercy Place, Los Angeles

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