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$3,250,000
Est. payment /mo
7,193 SqFt
Active Under Contract
1518 S Gramercy Pl Los Angeles, CA 90019
UPDATED:
09/03/2024 05:18 PM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,193 sqft
Price per Sqft $451
MLS Listing ID 24-405091
Year Built 1933
Lot Size 0.302 Acres
Acres 0.3022
Property Description
Live work opportunity in a gorgeous 7200 SQ ' Art Deco space with 5 bedrooms/offices, 6 baths, and a separate one-bed + 1 bath apartment. The dramatic, inspiring blend of historic charm and modern convenience features an auditorium/assembly hall, banquet hall/kitchen, multiple offices/bedrooms, residences, and private gardens. The main assembly hall spans approximately 3,000 square feet with 20-foot ceilings and eight large stained-glass windows. The apx. 1900 sq ft banquet hall includes a new designer kitchen, three rooms (office/bedrooms) with en-suite baths, a stage, and a half bath/powder room. Two additional private offices (230 square feet each) with adjoining baths and garden access. The second floor houses a 700-square-foot apartment with a separate entrance, one bedroom, one bath, a kitchen, and a large living room. Architect David Carthage Coleman designed this historic gem for the Mogen David Congregation. In 1953, it was converted to the Church of Divine Guidance, and in 2021, it was purchased by a professional set decorator/architect buff & a well-known, established builder. Modern amenities include fully updated electrical, plumbing, HVAC, and telecommunications systems. The property has four 5-ton heating and cooling units, a tankless water heater, a hot water recirculation system, and WiFi with speeds up to 1200 Mbps available from Spectrum. Exterior features include re-envisioned landscaping, a circular driveway with two automatic gates, and parking for 6-8 cars. Historic elements are thoughtfully preserved, including 22 stained glass windows, an original stage with faux carved painting, refinished oak and maple floors, and restored original tiles. The color palette enhances the historical features, creating a sense of celebration. With LED lighting throughout, new insulation in all walls, and custom tile in offices and the primary bath, this property perfectly balances historical inspiration and modern convenience in a prime, quiet location. It is ideal for those seeking a unique and adaptable space.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LAR4
Interior
Heating Forced Air
Exterior
Garage Spaces 8.0
Building
Story 2
Others
Special Listing Condition Standard
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Listed by Nourmand & Associates-HW