
Los Angeles, California 90005
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $340,000—positioned well below the $331,388 Fair Market Value by -2%. While the price reflects current market stability, the unit features an Upgraded Interior with a modern open kitchen and cozy fireplace. Residents enjoy resort-style amenities, including a Rooftop Pool and Spa with city views and a fitness center. Its prime Koreatown location offers exceptional walkability to dining and transit. This property is an ideal acquisition for first-time buyers or urban professionals seeking a low-maintenance, lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 211 Subject | $340,000* List Price | 0 | 1 | 482 | $688 | - |
A 620 S Gramercy Place 229 Sold | $325,000 | 0 | 1 | 482 | $674 | 0.0 mi |
B 620 S Gramercy Place 130 Active | $373,000 List Price | 0 | 1 | 482 | $774 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was constructed in 1990 (36 years old), the unit is described as upgraded and features a modern open kitchen with stone countertops and stainless steel appliances. The interior is well-maintained and move-in ready, and the building systems are supported by modern amenities like EV chargers and a state-of-the-art fitness center.
The building offers premium lifestyle features including a rooftop pool and spa with city views, a state-of-the-art fitness center, and EV-ready parking, which are rare and highly desirable at this price point.
Situated on a quiet, treelined street adjacent to Hancock Park, the property offers a perfect blend of residential tranquility and immediate access to world-class dining, shopping, and major commuter routes.
This light-filled unit features an open-concept layout with modern upgrades, a cozy fireplace, and a private East-facing balcony, maximizing the utility and comfort of the studio space.
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.
At 482 square feet, the studio configuration may be restrictive for buyers seeking a traditional bedroom or those requiring more space for long-term residency.
The $445 monthly association fee represents a significant recurring expense relative to the listing price, which may impact the overall affordability and ROI for potential investors.
Welcome to this light and bright studio on a peaceful treelined street in the heart of Koreatown and just a stone's throw from Hancock Park. The open-concept layout maximizes space and functionality with ease. This upgraded unit features a cozy fireplace, abundance of storage, open kitchen and a private East facing balcony to sip morning coffee and soak in the morning sunshine. This building is extremely well maintained and feels clean and welcoming from the moment you enter the lobby. The parking spots all feature EV chargers and the building offers many resort-style amenities including a magical rooftop pool / spa with sparkling city views, a state-of-the-art fitness center, secure grounds, and professional on-site management. Ideally situated, you'll have easy access to renowned dining, shopping, entertainment, and major commuter routes, making this an exceptional opportunity to experience the very best in one of Los Angeles' most vibrant neighborhoods!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 482 | 1,243 |
| Lot Size | 51,555 | 24,016 |
| Price | $340.0K | $805.6K |
| Price per sq ft | $705 | $659 |
| Built year | 1990 | 1981 |
| HOA | $445.0 | $684 |
| Days on market | 14 | 71 |
Jul 8, 2026
$340,000
Initial Listing
Dec 29, 2005
$277,500
Public Record