ActiveSingleFamilyResidence

244 S Gramercy Place

Los Angeles, CA, 90004

1 / 52View all 52 photos

$3,080,000

MLS: 26719341

Beds

4

Baths

5

Sq Ft

3,347

Lot

0.17 ac

Year Built

2021

MLS #

26719341

Days on Market

8

Listed

Apr 14, 2026

Description

Stunning 2021-built modern residence offering 4 bedrooms and 4.5 baths in a highly desirable Hancock Park adjacent location. Thoughtfully designed with an open floor plan, this home features soaring 16-foot ceilings in the living room, a sleek fireplace, and expansive windows that flood the space with natural light. Seamless indoor-outdoor California living is showcased with a covered deck leading to a private, spacious backyard lined with mature ficus trees. The chef's kitchen is equipped with a striking waterfall island, walk-in pantry, and ample cabinetry, perfect for both everyday living and entertaining. All bedrooms are En-suite, including a convenient downstairs suite ideal for guests or a home office. Upstairs, each bedroom enjoys its own balcony, while the luxurious primary suite features dual walk-in closets, a spa-inspired Jack-and-Jill bathroom, and a standalone soaking tub, plus a private balcony overlooking the backyard. Additional highlights include an upstairs laundry room, separate powder room, and a full security camera system. A rare opportunity to own a newer construction home that perfectly blends modern design, functionality, and prime location

Location

Los Angeles, Los Angeles County, CA 90004

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Listed by: Monica Han · Performance Realty Group

Payment estimate

$21,695

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $308,000 · Loan: $2,772,000

%
Principal & Interest
$17,032
Property tax (1.25%)
$3,208
Homeowners insurance
$300
Mortgage insurance
$1,155
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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 $107,800 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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