Tree-lined blocks between Hyde Park and Manchester Square, held by the same families for decades.
Neighborhood figures: Redfin neighborhood market data (all home types, Redfin's neighborhood boundaries). Figures are the month shown; Redfin reports some medians on a rolling three-month basis. Updated July 2026.
Gramercy Park is a quiet grid of single-family streets between Hyde Park and Manchester Square — solid 1920s–1950s homes, deep lots, and a very high share of long-tenured owners.
It's part of the 90047 ZIP, where my last pull showed 28 active listings, 13 in contract and 9 pending in one month. Inventory is moving; the closings just hadn't been reported yet when I ran it.
The K Line on Crenshaw to the west and the Metro rail and bus corridors on Vermont to the east.
Well-kept post-war homes on deep lots sell to families; price to the block, not the ZIP.
A very high share of long-tenured owners — stable, quiet, and rentable.
Deep lots are among the best ADU candidates in South LA. An ADU can be a retirement income line without selling.
If no one has lived in an inherited home for a year, the property tax may already have been reassessed. Call the Assessor before you decide anything.
1920s–1950s single-family homes on standard and deep lots; minimal multifamily.