620 S Gramercy Place 130, Los Angeles, California 90005, Los Angeles, 90005 - bed, 1 bath
620 S Gramercy Place 130
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 620 S Gramercy Place 130, Los Angeles, California 90005 is currently available with a list price of $374,000. 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 move-in ready and features several modern updates that exceed its 1990 build year. The kitchen has been renovated with stainless steel appliances, stone countertops, and contemporary cabinetry. The unit also features updated laminate flooring and a modernized bathroom vanity. It is well-maintained with no visible deferred maintenance, fitting the criteria for a high-quality, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Koreatown Location
Situated in the heart of Koreatown, this property offers exceptional walkability to world-class dining, shopping, and vibrant nightlife, making it highly attractive for urban dwellers and commuters.
- Resort-Style Amenities
The building features premium amenities including a rooftop pool and jacuzzi with panoramic city views, along with a fitness center, providing a luxury lifestyle at an accessible price point.
- Low-Maintenance Ownership
The HOA includes water and trash services, simplifying monthly budgeting and making this an ideal 'lock-and-leave' home for first-time buyers or hands-off investors.
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.
- Limited Living Space
With only 482 square feet of living area, the studio layout offers limited space for storage and furniture, which may restrict the potential buyer pool to single occupants or minimalists.
- High Monthly HOA Fees
The $444 monthly association fee is relatively high for a studio unit of this size, which could impact the overall affordability and debt-to-income ratio for some prospective buyers.
About 620 S Gramercy Place 130
Welcome to this stylish studio condo offering comfort, convenience, and fantastic amenities in the heart of Koreatown. Thoughtfully designed with an open layout, this inviting space features a functional kitchen and a bright living and sleeping area that can easily be customized to fit your lifestyle. Enjoy resort-style living with access to a rooftop pool and jacuzzi, perfect for unwinding after a long day, along with a fitness center just steps from your door. The HOA includes water and trash, adding extra ease to everyday living. Ideal for first-time buyers, investors, or anyone seeking a low-maintenance home in a prime central Los Angeles location, this condo places you just moments from popular dining, shopping, and vibrant nightlife.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 51,555 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $444.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 6% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 482 | 1,286 | 6% |
| Lot Size | 51,555 | 26,266 | 88% |
| Price | $374.0K | $695.0K | 6% |
| Price per sq ft | $776 | $550 | 94% |
| Built year | 1990 | 1986 | 50% |
| HOA | $444.0 | $538 | 31% |
| Days on market | 21 | 198 | 6% |
Pricing History
Listed for Sale
Feb 13, 2026
$374,000
Initial Listing
Sold
Sep 7, 2016
$291,000
Public Record
Sold
Nov 18, 2008
$200,000
Public Record
Sold
Jan 5, 2007
$315,000
Public Record
Sold
Nov 7, 2005
$239,000
Public Record