620 S Gramercy Place 135, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath

620 S Gramercy Place 135, Los Angeles, California 90005 home-pic-0

620 S Gramercy Place 135

Los Angeles, California 90005

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
942Sq Ft
51,555Lot Size

Property Price

LIST PRICE$637,000

SUMMARY

Analysis of 620 S Gramercy Place 135, Los Angeles, California 90005 is currently available with a list price of $637,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1990, the property underwent an extensive refresh in 2025, meeting the criteria for a renovation within the last 5 years. Updates include brand-new stainless steel appliances (refrigerator and range), new carpet in the bedrooms, fresh paint throughout, and updated fixtures in the kitchen and bathrooms. The unit is in pristine, move-in-ready condition with modern features like an EV charger and updated flooring, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Recent 2025 Renovations

    The unit is in pristine, move-in-ready condition following a comprehensive 2025 refresh that included new paint, updated fixtures, and brand-new stainless steel appliances.

  • Superior Corner Unit Privacy

    As an end unit positioned above street level with a split-bedroom layout, this residence offers enhanced natural light, reduced noise, and a private balcony overlooking a park buffer.

  • Premium Amenities & Low HOA

    The building provides high-end features including a rooftop pool with city views, a fitness center, and EV charging, all while maintaining competitive and relatively low monthly HOA dues.

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.

  • Building Vintage

    Built in 1990, the structure may lack the modern energy-efficient systems and contemporary architectural aesthetics found in the newer luxury developments nearby.

  • High-Density Urban Setting

    While centrally located, the Koreatown neighborhood is characterized by significant traffic congestion and limited street parking, which may be a drawback for some residents.

About 620 S Gramercy Place 135

Welcome to 620 S. Gramercy Place #135, a freshly painted 2 BR / 2 BA / 2-car parking (w/ EV charger) end unit in the heart of Koreatown. This corner residence sits well above street level, overlooking a neighborhood play park with treetop views that create a natural buffer from the city below. More light, more privacy, less noise, exactly what you want in K-Town living. Positioned directly above the community garage, this home enjoys hardwood flooring throughout the main living areas, with brand-new carpet in both bedrooms for a softer finish where it counts. The smart split-bedroom layout offers ideal separation for guests, roommates, or a dedicated home office. A private balcony extends the living space, offering a quiet perch above it all. Recently refreshed throughout, the interior features new paint, updated fixtures, refreshed bathrooms, and a brand-new stainless steel refrigerator and range, all completed in 2025. It is clean, crisp, and completely move-in ready. Gramercy Place is a pet-friendly, amenity-rich community with on-site management, security, controlled-access parking, guest parking, a fitness center, and a rooftop pool and spa with sweeping city views. Low HOA dues add to the appeal. Within minutes of The Wiltern, LA LIVE, The Line Hotel, Cafe Mak, Alchemist Coffee Project, H Mart, Ralphs, and Koreatown's dynamic dining and nightlife, this home delivers the balance buyers are seeking: calm amid the energy and convenience without compromise.

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
$448.0 / 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 foot9421,286
19%
Lot Size51,55526,266
88%
Price$637.0K$695.0K
38%
Price per sq ft$676$550
94%
Built year19901986
50%
HOA$448.0$538
31%
Days on market17198
6%

Pricing History

Listed for Sale

Feb 17, 2026

$637,000

Initial Listing

Sold

Dec 1, 2005

$502,000

Public Record

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