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140 S Gramercy Place 1, Los Angeles, California 90004, Los Angeles, 90004 - 2 bed, 3 bath

140 S Gramercy Place 1, Los Angeles, California 90004 home-pic-0
ACTIVE$860,000
140 S Gramercy Place 1, Los Angeles, California 90004
2Beds
3Baths
1,240Sqft
7,054Lot
Year Built
2009
Close
-
List price
$860K
Original List price
$860K
Price/Sqft
$694
HOA
$700
Days on market
-
Sold On
-
MLS number
25613157
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $860.0K(69th), sqft - 1240(56th), beds - 2(50th), baths - 3(69th).

This 1,240 sq.ft. front unit at Gramercy Row in Hancock Park offers privacy, natural light, and thoughtful modern design by AIA-awarded firm Assembledge+. The layout includes an open ground floor with high ceilings, polished concrete floors, smart blinds, smoked glass details, living and dining areas, kitchen with Caesarstone counters and backsplash, LED lighting, updated stainless steel appliances, and a powder room. The second level features bamboo floors, a flexible-use room, full bath, in-unit LG washer/dryer, and storage. The top-floor primary suite includes more bamboo floors, a custom closet, smart blinds, and a skylit bathroom with double sinks, floating vanity, under-cabinet lighting, and a smoked glass divider. A spiral staircase leads to a private rooftop deck with unobstructed 360-degree views from Downtown to the Hollywood Sign. Additional features include a Nest thermostat, Hue smart lighting, Nest smoke detectors, and frosted glass for added privacy. Two tandem parking spaces, guest parking, and elevator access complete the offering. Located near Larchmont Village with easy access to Hollywood and Downtown.

Nearby schools

6/10
Charles H. Kim Elementary School
Public,•K-5•0.3mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•0.6mi
6/10
Wilshire Park Elementary School
Public,•K-5•0.8mi
3/10
Wilton Place Elementary School
Public,•K-5•0.9mi
8/10
Third Street Elementary School
Public,•K-5•1.3mi
2/10
Vine Street Elementary School
Public,•K-6•1.4mi
3/10
Los Angeles Elementary School
Public,•K-5•1.7mi
7/10
Queen Anne Place Elementary School
Public,•K-5•1.8mi
2/10
Wilshire Crest Elementary School
Public,•K-5•2.1mi
3/10
Arlington Heights Elementary School
Public,•K-5•2.2mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•2.2mi
7/10
John Burroughs Middle School
Public,•6-8•1.5mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.8mi
5/10
Pio Pico Middle School
Public,•6-8•1.9mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.2mi
4/10
Los Angeles Senior High School
Public,•9-12•1.6mi
7/10
Fairfax Senior High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
10/31/25
Listing
$860,000
06/27/23
Sold
$915,000
06/23/15
Sold
$675,000
09/03/10
Sold
$505,000
Condition Rating
Excellent
Built in 2009, this property features a thoughtful modern design by an AIA-awarded firm, ensuring high-quality construction and aesthetics. The kitchen boasts Caesarstone counters, LED lighting, and updated stainless steel appliances. Bathrooms are equally modern with skylights, double sinks, floating vanities, and under-cabinet lighting. The property includes polished concrete and bamboo floors, in-unit LG washer/dryer, Nest thermostat, Hue smart lighting, and Nest smoke detectors, indicating a virtually new condition with no deferred maintenance and minimal physical depreciation, meeting current quality standards.
Pros & Cons

Pros

Panoramic Rooftop Deck: Features a private rooftop deck offering unobstructed 360-degree views from Downtown to the Hollywood Sign, a rare and highly desirable amenity.
Award-Winning Modern Design: Thoughtfully designed by AIA-awarded firm Assembledge+, showcasing high ceilings, polished concrete floors, and contemporary aesthetics with natural light.
Integrated Smart Home Technology: Equipped with smart blinds, Nest thermostat, Hue smart lighting, and Nest smoke detectors for modern convenience and energy efficiency.
Prime Hancock Park Location: Desirably located in Gramercy Row, offering proximity to Larchmont Village and convenient access to Hollywood and Downtown Los Angeles.
Luxurious Primary Suite & Amenities: Includes a top-floor primary suite with a custom closet, skylit bathroom, in-unit laundry, and two tandem parking spaces with guest parking.

Cons

Substantial Monthly HOA Fee: The $700 monthly association fee significantly increases the cost of ownership and may deter some buyers.
Listed Below Previous Sale Price: The current list price of $860,000 is below the property's last recorded sale price of $915,000 from 2023, potentially signaling a market adjustment or motivated seller.
Condominium Ownership Constraints: As a condominium, it entails shared walls, potential noise transfer, and less autonomy over property modifications compared to a single-family residence.

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