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 home-pic-0

620 S Gramercy Place 122

Los Angeles, California 90005

ACTIVE
CONDITION: GOOD
2Beds
2Baths
979Sq Ft
51,555Lot Size

Property Price

LIST PRICE$649,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot9791,286
25%
Lot Size51,55526,266
88%
Price$649.0K$695.0K
38%
Price per sq ft$663$550
94%
Built year19901986
50%
HOA$458.0$538
31%
Days on market17198
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

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