620 S Gramercy Place 122, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath

620 S Gramercy Place 122
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 620 S Gramercy Place 122, Los Angeles, California 90005 is currently available with a list price of $649,000. 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, turnkey condition with significant recent interior updates. While the building was constructed in 1990, the unit features new laminate flooring, recessed lighting, and updated bathrooms. The kitchen is well-maintained with stainless steel appliances (gas stove, dishwasher, microwave) and stone countertops. It meets the 'good' criteria as it has been extensively refreshed within the last few years, showing minimal wear and tear, though it does not qualify as 'excellent' due to the original 1990 building age and standard-grade cabinetry.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Updates
The unit features recent upgrades including new laminate flooring, recessed lighting, and updated bathrooms, offering a move-in-ready experience for the buyer.
- Premium Building Amenities
Residents benefit from a robust amenity package including a rooftop pool and jacuzzi with city views, a fitness center with a sauna, and the security of a 24-hour guard.
- Strategic Location
Situated in the vibrant Mid-Wilshire/Koreatown area, the property offers excellent walkability and proximity to the Metro D Line, providing high transit connectivity and future appreciation potential.
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 included two parking spaces are in a tandem configuration, which may be less convenient for households with multiple drivers requiring frequent, independent vehicle access.
- Limited Scenic Views
While the building offers a rooftop pool with views, the specific unit is noted as having no view, which may impact its competitive appeal compared to higher-floor units in the same area.
About 620 S Gramercy Place 122
Welcome home! This bright 2-bedroom, 2-bath condo offers a generous and functional layout designed for comfortable everyday living. The open living area features a cozy fireplace and flows directly onto a large, sunny patio, an ideal space for indoor-outdoor living. With bedrooms thoughtfully separated on opposite ends of the unit, privacy and flexibility are built in. The primary suite includes its own bathroom and a generous walk-in closet. The kitchen has a full-size gas stove and oven, dishwasher, and microwave with plenty of storage. New laminate flooring, recessed lighting, and updated bathrooms make this home completely turnkey. Two tandem parking spaces are included within steps of the lobby. Residents enjoy exceptional amenities including a rooftop pool and jacuzzi with panoramic city views, a fitness center with dry sauna, guest parking, and 24-hour security. Located in vibrant Mid-Wilshire/Koreatown near Hancock Park, you're just steps from restaurants, cafes, markets, and entertainment. The Metro D Line offers convenient transit to Downtown LA, with its highly anticipated expansion westward continuing through 2026. Contact me to schedule a tour today!
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 | 979 | 1,286 | 25% |
| Lot Size | 51,555 | 26,266 | 88% |
| Price | $649.0K | $695.0K | 38% |
| Price per sq ft | $663 | $550 | 94% |
| Built year | 1990 | 1986 | 50% |
| HOA | $458.0 | $538 | 31% |
| Days on market | 17 | 198 | 6% |
Pricing History
Listed for Sale
Feb 17, 2026
$649,000
Initial Listing
Sold
Dec 24, 2014
$445,000
Public Record
Sold
Jun 7, 2013
$400,000
Public Record
Sold
Dec 8, 2005
$499,000
Public Record










































