620 S Gramercy Place 103, Los Angeles, California 90005, Los Angeles, 90005 - 1 bed, 1 bath
620 S Gramercy Place 103
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 620 S Gramercy Place 103, Los Angeles, California 90005 is currently available with a list price of $449,000. 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 significant recent cosmetic updates. It features new wood-look flooring throughout, modern recessed lighting, and a refreshed bathroom with a contemporary vessel sink and updated vanity. The kitchen is well-maintained with stainless steel appliances and granite countertops. While the building was constructed in 1990, the unit's interior has been updated to meet modern aesthetic standards with no immediate repairs required.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The building offers an impressive suite of amenities including a rooftop pool and hot tub with city views, a fitness center, sauna, and EV charging stations, providing high lifestyle value.
- Move-In Ready Condition
The unit features tasteful modern updates such as new flooring throughout and recessed lighting, allowing a buyer to move in immediately without the need for renovations.
- Prime Urban Location
Situated in the desirable Hancock Park-Wilshire area, the property provides excellent accessibility to major transit routes, diverse dining, and premium shopping.
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.
- Modest Square Footage
At 690 square feet, the living space is relatively compact for a one-bedroom unit, which may limit appeal for buyers seeking more spacious layouts or home office areas.
- Limited Unit View
As a first-floor unit (#103) with a courtyard view, the residence lacks the expansive city vistas available from the building's rooftop or higher-level units.
About 620 S Gramercy Place 103
Welcome to 620 S Gramercy Pl #103, a beautifully yet subtly updated one bedroom, one bathroom residence in the heart of Los Angeles. This 690 square foot unit features new flooring throughout and modern recessed lighting, creating a bright and inviting living space that feels both stylish and comfortable. The thoughtfully designed layout offers a spacious living and dining area, a well sized bedroom with ample closet space, and a clean, updated bathroom. Ideal for both relaxing and entertaining, this home blends comfort with convenience in a prime location. Residents enjoy guest parking and a full suite of resort style amenities, including a rooftop pool and hot tub with city views, a fully equipped fitness center, sauna, EV charging stations, and on site security. Located near dining, shopping, and major transit routes, this home offers the perfect balance of lifestyle and accessibility. A great opportunity to own or live in a move in ready unit with exceptional amenities in one of LA's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 51,555 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 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 | 1.0 | 2.0 | 25% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 690 | 1,286 | 6% |
| Lot Size | 51,555 | 26,266 | 88% |
| Price | $449.0K | $695.0K | 6% |
| Price per sq ft | $651 | $550 | 88% |
| Built year | 1990 | 1986 | 50% |
| HOA | $458.0 | $538 | 31% |
| Days on market | 30 | 198 | 13% |
Pricing History
Listed for Sale
Feb 4, 2026
$449,000
Initial Listing
Sold
Apr 27, 2015
$320,000
Public Record
Sold
Jun 8, 2011
$209,000
Public Record
Sold
Apr 18, 2011
$150,000
Public Record
Sold
Jan 4, 2006
$325,000
Public Record