
Los Angeles, California 90005
This Condominium represents a Strong Value Opportunity, listed at $589,000—positioned well below the $595,509 Fair Market Value by 1%. This valuation gap offers $6,509 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a split floor plan, granite kitchen, and private balcony with city light views. With premium amenities like a rooftop pool and spa, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, amenity-rich residence in Hancock Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 320 Subject | $589,000* List Price | 2 | 2 | 1,038 | $574 | - |
A 620 S Gramercy Place 105 Sold | $597,000 | 2 | 2 | 935 | $639 | 0.0 mi |
B 620 S Gramercy Place 415 Sold | $620,000 | 2 | 2 | 1,053 | $589 | 0.0 mi |
C 620 S Gramercy Place 103 Sold | $415,000 | 1 | 1 | 690 | $601 | 0.0 mi |
D 733 S Manhattan Place 604 Sold | $670,000 | 2 | 2 | 1,130 | $593 | 0.3 mi |
E 861 S Windsor Boulevard 103 Sold | $680,000 | 2 | 2 | 1,194 | $570 | 0.7 mi |
F 620 S Gramercy Place 234 Sold | $475,000 | 1 | 1 | 670 | $709 | 0.0 mi |
G 3855 Ingraham Street 204 Sold | $715,000 | 3 | 2 | 1,250 | $572 | 0.2 mi |
H 815 S Harvard 302 Sold | $550,000 | 2 | 2 | 1,090 | $505 | 0.6 mi |
I 620 S Gramercy Place 320 Active | $589,000 List Price | 2 | 2 | 1,038 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, the unit is well-maintained and move-in ready with a recent 2026 refresh including new carpet and paint. While the kitchen and bathrooms feature older wood cabinetry and dated fixtures, they remain functional with granite countertops and stainless steel appliances, fitting the 5-15 year renovation profile.
This residence offers the lowest price per square foot for a two-bedroom unit in the building, providing a highly competitive entry point into the Hancock Park market.
The property features premium HOA benefits including 24/7 security, a fitness center with saunas, and a resort-style rooftop pool and spa with panoramic city views.
The layout maximizes privacy by separating the bedrooms and includes generous storage with dual walk-in closets and recent cosmetic updates like new carpeting and paint.
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.
The two assigned parking spaces are in a tandem configuration, which may be less convenient for households with multiple active drivers.
The unit lacks private in-suite laundry hookups, requiring residents to use the communal laundry rooms located on each floor.
The lowest price per square foot among 2-bedroom residences currently available at Gramercy Place in Hancock Park, and one of the largest floor plans in the building. This west-facing 2-bedroom, 2-bathroom condo spans 1,038 square feet and fills with warm afternoon light. The living room features afireplace, recessed lighting throughout, and a large sliding glass door opening to a private balcony with views of the hills to the north and city lights to the south. Freshlypainted, with new carpeting installed February 2026.The split floor plan separates the two bedrooms, each with its own full bathroom. The primary suite includes a walk-incloset, with a second walk-in closet off the entry and built-in cabinetry outside both bedrooms for added storage. The kitchen includes stainless steel appliances, granitecountertops, a gas range, a breakfast bar, and a dining area with chandelier. HOA dues include a 24/7 security guard, fitness center with two saunas, laundry on every floor, and a rooftop pool, spa, and sundeck.The rooftop also features covered seating and an outdoor dining area with sweeping city views. Two tandem parking spaces are included in the secured garage, plus guest parking for visitors. Located in Hancock Park just north of Wilshire Boulevard, near the Wilshire/Western Metro station, close to H Mart, Larchmont Village, and Downtown Los Angeles. Hancock Park, Los Angeles, CA. Matterport 3D tour available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,038 | 1,219.385 |
| Lot Size | 51,555 | 27,236.074 |
| Price | $589.0K | $800.2K |
| Price per sq ft | $567 | $650 |
| Built year | 1990 | 1979 |
| HOA | $458.0 | $685 |
| Days on market | 23 | 72 |
Aug 17, 2026
$589,000
Initial Listing
Mar 23, 2018
$585,000
Public Record
Oct 31, 2006
$485,000
Public Record