620 S Gramercy Place 105, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
620 S Gramercy Place 105
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 620 S Gramercy Place 105, Los Angeles, California 90005 is currently available with a list price of $619,000. 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, turn-key condition with significant updates that elevate it above 'fair' status. Although built in 1990, the interior features modern laminated hardwood flooring, granite countertops in both the kitchen and bathrooms, and well-maintained stainless steel appliances. The cabinetry and fixtures appear to be from a mid-life renovation (approximately 5-15 years ago), showing minimal wear and meeting current functional standards for a high-density urban residence.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of Koreatown, this property offers exceptional walkability to Chapman Plaza and local amenities, with convenient proximity to DTLA, Hancock Park, and Beverly Hills.
- Turn-Key Modern Upgrades
The residence is in move-in condition, featuring a gourmet kitchen with granite countertops, stainless steel appliances, and updated laminated hardwood flooring throughout.
- Functional Privacy Layout
The floor plan boasts separated master bedrooms for enhanced privacy and rare wrap-around balconies that provide significant outdoor space and a buffer from the urban surroundings.
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.
- Compact Square Footage
With only 935 square feet for a two-bedroom residence, the living areas and bedrooms may feel tight for buyers accustomed to more expansive layouts.
- Lower Floor Positioning
As a first-floor unit (105) in a high-density urban area, the property may be more susceptible to street noise and offer less perceived security than higher-level units.
About 620 S Gramercy Place 105
Prime Korea Town Location! This modern, upgraded 2-bedroom, 2-bathroom residence is situated in the center of Korea Town. The spacious home offers a modern, open floor plan filled with natural light, complemented by laminated hardwood floors throughout its 935 SF space and full wrap-around balconies for added privacy. The gourmet kitchen is tastefully adorned with modern materials and fixtures, featuring granite countertops, a bar area, hardwood cabinets, matched appliances, a stainless steel 2-compartment sink, and ample storage. Separated master bedrooms provide enhanced privacy. Turn key Move-in condition ready for the new owner. Surrounded by numerous amenities and restaurants in the neighborhood, the residence is conveniently located at Chapman Plaza, City Center on 6th, near Wilshire Country Club, Hancock Park, Larchmont village, DTLA, the Grove, Beverly Hills, and public transit. Walking distance to schools. Enjoy a convenient lifestyle while tucked away from high-traffic roads!
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 | 935 | 1,286 | 19% |
| Lot Size | 51,555 | 26,266 | 88% |
| Price | $619.0K | $695.0K | 25% |
| Price per sq ft | $662 | $550 | 94% |
| Built year | 1990 | 1986 | 50% |
| HOA | $458.0 | $538 | 31% |
| Days on market | 30 | 198 | 13% |
Pricing History
Listed for Sale
Feb 4, 2026
$619,000
Initial Listing
Sold
Jan 26, 2022
$578,000
Public Record
Sold
Jun 13, 2012
$280,000
Public Record
Sold
Jan 9, 2006
$455,000
Public Record