2055 N Gramercy
Los Angeles, CA, 90068
$2,525,000
MLS: 26638933
Beds
3
Baths
3
Sq Ft
1,938
Lot
0.21 ac
Year Built
1959
MLS #
26638933
Days on Market
87
Listed
Jan 19, 2026
Description
Perched above the city in the coveted Los Feliz Oaks, this striking mid-century retreat is a study in architectural drama and effortless sophistication. Walls of glass frame sweeping skyline and hillside views, flooding the home with natural light and creating a seamless connection between indoors and out. Thoughtfully reimagined, the residence blends timeless mid-century character with modern refinement, rich wood tones, sculptural stone elements, and curated finishes throughout. The open living spaces unfold offering a dynamic layout ideal for both intimate evenings and vibrant entertaining. A statement kitchen anchors the home, outfitted with premium appliances, custom cabinetry, and a separate bar area, which is a highlight of the home. Elevated sight lines draw the eye outward to the surrounding landscape and stunning city views. A separate private suite sits above the main living area, offering tranquil views through mature eucalyptus. The secluded primary retreat can be closed off and enjoys jetliner double-exposure city views, generous closet space, and a spa-inspired bath. A third bedroom and additional bath complete the home's flexible floor plan. Outdoor living is equally compelling, with a sun-drenched front patio, a grassy side yard, and a dining terrace just off the kitchen, each designed to take full advantage of the setting and an entertainer's paradise. A two-car garage can be used as a home studio, office, or gym. Tucked away at the end of a quiet cul-de-sac, yet moments from the energy of Los Feliz and Hollywood, this is a rare opportunity to experience iconic California living at its most refined. generational retreat.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Monet Berger · Compass
Payment estimate
$17,840
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $252,500 · Loan: $2,272,500
- Principal & Interest
- $13,963
- Property tax (1.25%)
- $2,630
- Homeowners insurance
- $300
- Mortgage insurance
- $947
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $88,375 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.
Similar Homes Nearby
Active and pending listings in ZIP 90068 (Los Angeles) within ±10% of this home's price and size.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.