2020 S Gramercy
Los Angeles, CA, 90018
$1,099,999
MLS: DW26226263
Beds
3
Baths
2
Sq Ft
1,666
Lot
0.18 ac
Year Built
1930
MLS #
DW26226263
Days on Market
16
Listed
Oct 19, 2026
Description
LOCATION, LOCATION, LOCATION! A RARE WESTERN HEIGHTS GEM! Opportunities to own a home in sought-after Western Heights are few & far between! Beautifully updated and located within the HPOZ, this distinctive Craftsman blends historic charm with modern convenience—a true oasis in the heart of Los Angeles. A formal foyer, original tongue-and-groove wood flooring, & an impressive original staircase celebrate the home's timeless craftsmanship. The spacious living room features two sets of double doors opening to the shaded backyard, while softly sculpted plaster window alcoves Throughout add old-world romance. The kitchen combines sleek cabinetry & Quartz countertops, 4 Burner Wolf Stove, & stainless steel appliances, complemented by an adjacent formal dining room perfect for entertaining. Upstairs, two generously sized bedrooms are joined by a unique bonus attic space offering possibilities for a playroom, creative retreat, optional 4th bedroom or additional flex space. A flexible downstairs Studio offers potential as a home office, creative studio, media room, or convenient in-law space—ideal for today's work-from-home lifestyle and creative professionals. Outside, discover a private urban retreat surrounded by mature landscaping. The fully fenced backyard offers a peaceful setting for alfresco dining, weekend gatherings, or relaxing in the California sunshine. An expansive front yard, oversized side yard, and rear fenced patio provide more room to entertain. A separate dog run adds flexibility for four-legged family members, Large driveway for any oversized vehicle, up to 4 car parking spaces. UNBEATABLE ACCESS TO THE BEST OF LA! Just minutes from Downtown LA, Hollywood, Culver City, USC, UCLA, Beverly Hills, Just 17 minutes to Santa Monica Beach.Endless Possibilities on a Spacious Lot! A fantastic opportunity to explore adding an ADU and Junior ADU (buyer to verify with local regulations). Create flexible living arrangements for extended family, guests, or multigenerational living—or unlock the potential for additional rental income. Enjoy an incredible mix of dining, shopping, and entertainment, including Bottega Louie, Escala K-Town, Sugarfish, Bestia, The Wiltern, Chapman Market, and Crypto.com Arena, with KOREATOWN & LITTLE BANGLADESH close by. Historic character, flexible living spaces, inviting outdoor areas, & an exceptional central location make this Western Heights home a rare opportunity to enjoy the best of Los Angeles living. Don't miss it!
Location
Los Angeles, Los Angeles County, CA 90018
Open on Google Maps ↗Listed by: Aaron Guerra · New Century Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,605
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $110,000 · Loan: $989,999
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,747
- Property tax (1.25%)
- $1,146
- Homeowners insurance
- $300
- Mortgage insurance
- $412
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $38,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90018 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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