620 S Gramercy Place 339, Los Angeles, California 90005, Los Angeles, 90005 - 1 bed, 1 bath
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Los Angeles, California 90005
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $449,000—positioned well below the $455,627 Fair Market Value by 1%. This valuation gap offers $6,627 in Instant Equity for the buyer. The unit maintains a Good Condition Rating, featuring a modern Granite Kitchen and an open floor plan. Residents enjoy luxury amenities, including a Rooftop Pool and gym. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a lifestyle-focused urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 339 Subject | $449,000* List Price | 1 | 1 | 690 | $660 | - |
A 620 S Gramercy Place 234 Sold | $475,000 | 1 | 1 | 670 | $709 | 0.0 mi |
B 620 S Gramercy Place 229 Sold | $325,000 | 0 | 1 | 482 | $674 | 0.0 mi |
C 620 S Gramercy Place 103 Active | $436,000 List Price | 1 | 1 | 690 | $632 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, the property has undergone significant updates, particularly in the kitchen which features granite countertops and stainless steel appliances. The unit appears well-maintained and move-in ready, consistent with a 5-15 year renovation cycle. While the bathroom and carpet are more standard, the overall condition and building amenities support a 'Good' rating.
Situated near Hancock Park, the property offers exceptional walkability and immediate access to top-tier dining, shopping, and nightlife in a highly sought-after Los Angeles neighborhood.
Residents benefit from high-end communal features including a stunning rooftop pool with panoramic city and mountain views, a state-of-the-art gym, and the security of on-site management.
The unit features a light-filled open floor plan with an entertainer's kitchen, private balcony, and fireplace, maximizing the functionality and aesthetic appeal of the living space.
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.
While the building's rooftop offers vistas, the specific unit is listed as having no view, which may be a drawback for buyers seeking scenic outlooks from their primary living area.
At 690 square feet, the unit is relatively small for a one-bedroom condo, which could limit its appeal to buyers requiring more spacious accommodations or additional storage.
Light and bright unit in an upscale building! Prime location near Hancock Park just minutes away from restaurants, markets, shopping centers, nightlife and so much more! Spacious one bedroom and one bathroom unit tastefully appointed with an entertainer's kitchen. The unit also has a private balcony, formal dining area, fire place, plenty of closet space and an open floor plan. Stunning rooftop pool with wonderful view of the city and nearby mountains, state of the art gym, on-site management and security. Don't miss this great opportunity to make this condo your next home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 690 | 1,199 | 14% |
| Lot Size | 51,555 | 26,584 | 76% |
| Price | $449.0K | $670.0K | 10% |
| Price per sq ft | $651 | $567 | 81% |
| Built year | 1990 | 1992 | 48% |
| HOA | $450.0 | $540 | 24% |
| Days on market | 13 | 148 | 5% |
Jun 3, 2026
$449,000
Initial Listing
Oct 22, 2019
$440,000
Public Record
May 8, 2015
$317,000
Public Record
Feb 21, 2012
$204,000
Public Record
Jan 18, 2008
$345,000
Public Record
Jun 7, 2005
$350,000
Public Record