620 S Gramercy Place 135, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
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620 S Gramercy Place 135
Los Angeles, California 90005
ACTIVE
CONDITION: GOOD
2Beds
2Baths
942Sq Ft
51,555Lot Size
Property Price
LIST PRICE$559,900
EST. MARKET VALUE
$560,336
SUMMARY
This Refreshed Koreatown Condominium is a Strong Value Opportunity, listed at $559,900—positioned well below the $560,336 Fair Market Value by 0.08%. Featuring a Condition Rating of 3, the unit offers a split-bedroom floor plan, hardwood floors, and two side-by-side parking spaces with EV charging. With recent 2025 updates and access to a rooftop pool and spa, this residence balances modern convenience with financial stability. It is an ideal acquisition for first-time buyers or urban professionals seeking a move-in ready home.
Estimated Market Value
$560,336
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 135 Subject 2 bd · 2 ba · 942 sqft · $595 | $559,900* List Price | 2 | 2 | 942 | $595 | - |
A 620 S Gramercy Place 105 Sold 2 bd · 2 ba · 935 sqft · $639 · 0.0 mi | $597,000 | 2 | 2 | 935 | $639 | 0.0 mi |
B 620 S Gramercy Place 103 Sold 1 bd · 1 ba · 690 sqft · $601 · 0.0 mi | $415,000 | 1 | 1 | 690 | $601 | 0.0 mi |
C 871 S Lucerne 2 Sold 2 bd · 2 ba · 1,136 sqft · $599 · 0.8 mi | $680,000 | 2 | 2 | 1,136 | $599 | 0.8 mi |
D 733 S Manhattan Place 402 Sold 2 bd · 2 ba · 1,150 sqft · $530 · 0.3 mi | $610,000 | 2 | 2 | 1,150 | $530 | 0.3 mi |
E 620 S Gramercy Place 222 Sold 2 bd · 2 ba · 979 sqft · $530 | $519,000 | 2 | 2 | 979 | $530 | - |
F 733 S Manhattan Place 604 Sold 2 bd · 2 ba · 1,130 sqft · $593 · 0.3 mi | $670,000 | 2 | 2 | 1,130 | $593 | 0.3 mi |
G 861 S Windsor Boulevard 103 Sold 2 bd · 2 ba · 1,194 sqft · $570 · 0.7 mi | $680,000 | 2 | 2 | 1,194 | $570 | 0.7 mi |
H 815 S Harvard 302 Sold 2 bd · 2 ba · 1,090 sqft · $505 · 0.6 mi | $550,000 | 2 | 2 | 1,090 | $505 | 0.6 mi |
I 620 S Gramercy Place 320 Active 2 bd · 2 ba · 1,038 sqft · $567 | $589,000 List Price | 2 | 2 | 1,038 | $567 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1990 but recently refreshed in 2025 with new paint, fixtures, bedroom carpeting, and stainless-steel appliances. While the bathroom counters and overall layout reflect the original 30+ year age, the recent updates and well-maintained common areas make it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Financing Options
The seller's openness to creative purchase proposals, including lease-options and wraparound structures, provides a significant advantage for buyers seeking alternatives to traditional lending.
- Premium Parking & EV Infrastructure
The inclusion of two side-by-side parking spaces equipped with a private EV charger is a rare and high-value asset in the dense Koreatown market.
- Privacy & Layout
This corner unit features a desirable split-bedroom floor plan and treetop views, offering superior privacy and natural light compared to standard interior units.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =51555, other record lot size in square feet = 51475.
- Building Age
Constructed in 1990, the building may require more frequent maintenance or future capital improvements compared to the newer luxury developments nearby.
- Compact Living Space
With 942 square feet for a two-bedroom configuration, the interior dimensions may feel restrictive for buyers accustomed to more expansive residential layouts.
About 620 S Gramercy Place 135
PRIVATE CORNER UNIT WITH TREETOP VIEWS, HARDWOOD FLOORS, TWO SIDE-BY-SIDE PARKING SPACES W/ EV CHARGER & CREATIVE FINANCING OPTIONS! An accommodating seller welcomes conventional offers and creative purchase proposals, including lease-options, subject-to existing financing, wraparound structures, and other mutually agreeable arrangements. Enjoy elevated Koreatown living in this beautifully refreshed 2-bedroom, 2-bathroom corner residence with two-car parking and EV charging. Positioned above street level, this desirable end unit offers exceptional privacy, abundant natural light, and peaceful treetop views that provide a welcome escape from the city below. Inside, hardwood floors complement the main living areas, while brand-new bedroom carpeting adds comfort. A smart split-bedroom floor plan offers privacy and flexibility for guests, roommates, or a home office. The private balcony is perfect for morning coffee or unwinding above the treetops. Refreshed in 2025 with new paint, updated fixtures, bathroom improvements, and a stainless-steel refrigerator and range, the home is move-in ready. Pet-friendly Gramercy Place offers reasonable HOA dues, on-site management, security, controlled-access and guest parking, a fitness center, and a rooftop pool and spa with panoramic city views. Enjoy convenient access to The Wiltern, LA LIVE, The LINE Hotel, H Mart, Ralphs, and Koreatown's outstanding dining and nightlife.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 51,555 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $448.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 942 | 1,252.996 |
| Lot Size | 51,555 | 26,029.603 |
| Price | $559.9K | $778.5K |
| Price per sq ft | $594 | $629 |
| Built year | 1990 | 1981 |
| HOA | $448.0 | $676 |
| Days on market | 20 | 74 |
Pricing History
Listed for Sale
Oct 20, 2026
$559,900
Initial Listing
Sold
Dec 1, 2005
$502,000
Public Record