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For Sale:$1,500,000
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(Based on a 30 year fixed loan at 3.38% with $300,000 down)
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4652 E Gratian

Los Angeles, CA 90022

East Los Angeles Los Angeles Unified School District
N/Asq ft N/A / sq ft LND
Lot Size11,689sq ft BuiltN/A On site375days
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students, students per teacher
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Price includes apn 5247-024-020 a 24,689 sq. Ft. Parcel. Together both parcels total of 35,814 sq. Ft. Of r-2. A developer may build up to 32 market rate units on these two parcels 'by-right'' and/or should one wish to take advantage of california's sb1818 law and apply for the density bonus incentive for additional units to be constructed. Both parcels must be sold together. They are located one and a half blocks from the gold line stop at third street and mednik avenue. The gold line is one of six metro rail systems serving 21 stations throughout los angeles county that transports passengers from pasadena in the north to long beach in the south and azusa in the east and to santa monica in the west. Seller may finance the sale with 20% down depending on buyer's financial statement; and accept the down payment as advance interest to shelter buyer's taxable income and also postpone buyer first payment for two years. The price is $41.88 per square foot which compares well with other development property sold in the area. Cielito lindo a 52 unit complex at 1st & soto stretts is being built on three parcels totaling 22,392 sq. Ft. That sold for $45.44 per sq. Ft.
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MLS #TR16032056 , Listed on 02/15/16 by RICHARD STRICKLAND; BROKER
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MLS Listing Information for 4652 E Gratian

Exterior Features


  • City Lights
  • Neighborhood

Lot Description

  • Value In Land

Lot Size

  • 11,689 Sq. Ft.

Additional Information


  • Los Angeles

Land Lease Type

  • Fee

Originating MLS

  • Multi-Regional Multiple Listing Service

Community Rec.

  • Curbs
  • Storm Drains


  • R2


  • 0

Listing Broker


Price History for 4652 E Gratian

Date Event Price Source
02/15/16 New Listing $1,500,000 CRMLS (Socal)

Schools Information for 4652 Gratian St

From Public Records
School District: Score      
Los Angeles Unified School District

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Public Record Information for 4652 Gratian St

Beds 1
Full Baths 1
Partial Baths 0
Property Type Single Family Residence
Sq. Ft. 528
Lot Size 11689
Year Built 1923
FIPS 06037
APN 5247023018
Source Public Records

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This Land for sale in Los Angeles, CA is currently listed for $1,500,000. Featuring a lot size of 11,689 Sq. Ft., 4652 E Gratian has been on ERA.com for 375 days.

This listing is provided courtesy of RICHARD STRICKLAND; BROKER. Interested in viewing more homes for sale near 4652 E Gratian Los Angeles, CA 90022? You can search all Los Angeles MLS listings, find a real estate agent, get a home value estimate and more on ERA.com.
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Data last updated: Friday, February 24, 2017 at 6:11 PM. Properties in listings may have been sold or may no longer be available.