620 S Gramercy 338, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
620 S Gramercy 338
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 620 S Gramercy 338, Los Angeles, California 90005 is currently available with a list price of $625,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with several modern updates that elevate it above its 1990 build year. It features permitted hardwood-style flooring, fresh paint, and a contemporary kitchen equipped with stainless steel appliances. The bathrooms and living areas appear well-maintained with no signs of deferred maintenance, fitting the criteria for a well-kept, updated unit that does not require immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Mid-Wilshire/Koreatown, the property offers exceptional walkability to the Metro station, Wilshire Theatre, and a vibrant array of dining and nightlife options.
- Extensive Building Amenities
The building provides a premium lifestyle package including a rooftop pool and hot tub with landmark city views, a gym, a sauna, and the rare convenience of onsite guest parking.
- Turn-Key Condition
This move-in-ready unit features modern upgrades such as permitted hardwood-style flooring, fresh paint, and a contemporary kitchen with stainless steel appliances included.
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.
- Tandem Parking
The assigned parking for two vehicles is in a tandem configuration, which may be less convenient for multi-driver households compared to side-by-side spaces.
- Compact Living Space
At 902 square feet for a two-bedroom, two-bathroom layout, the interior dimensions may feel restrictive for buyers seeking more spacious rooms or a large open-concept feel.
About 620 S Gramercy 338
Live where the action is! This turn-key 2-bed, 2-bath condo sits in the heart of Mid-Wilshire/Koreatown, just two blocks from the Wilshire Theatre and Metro station. Inside, you’ll find permitted hardwood-style flooring throughout, fresh paint, a cozy fireplace, and a modern kitchen with stainless steel appliances included—move-in ready and easy to love. Step outside to endless food spots, cafés, shopping, and nightlife right at your doorstep. The building brings the extras with a gym, sauna, rooftop pool, and hot tub with amazing city views—perfect for unwinding or entertaining. Pet-friendly community with guest parking onsite and an assigned tandem parking space for two vehicles. City living, upgraded.
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
- $458.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 902 | 1,286 | 13% |
| Lot Size | 51,555 | 26,266 | 88% |
| Price | $625.0K | $695.0K | 38% |
| Price per sq ft | $693 | $550 | 94% |
| Built year | 1990 | 1986 | 50% |
| HOA | $458.0 | $538 | 31% |
| Days on market | 33 | 198 | 13% |
Pricing History
Listed for Sale
Feb 1, 2026
$625,000
Initial Listing
Sold
Sep 10, 2020
$614,000
Public Record
Sold
May 16, 2019
$549,000
Public Record
Sold
Jun 9, 2005
$450,000
Public Record