620 S Gramercy Place 239, Los Angeles, California 90005, Los Angeles, 90005 - 1 bed, 1 bath
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Los Angeles, California 90005
This Stunning Move-In Ready Condo is listed at $495,000, representing a stable acquisition price aligned with its $495,000 Fair Market Value. Boasting an Excellent Condition Rating, the interior features a fully updated kitchen with quartz countertops, new appliances, and a private balcony overlooking the courtyard. The building offers premium lifestyle amenities including a rooftop pool and spa, fitness center, and on-site security. Located in the high-demand Hancock Park-Wilshire area, this turnkey residence provides immediate comfort. It is the perfect fit for young professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 239 Subject | $510,000* List Price | 1 | 1 | 690 | $736 | - |
A 620 S Gramercy Place 234 Active Under Contract | $489,000 List Price | 1 | 1 | 670 | $730 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1990, the unit has undergone a very recent and extensive renovation. The description explicitly states 'updated kitchen and bathroom, new carpet, new appliances.' The images confirm a modern, high-quality kitchen with white shaker cabinets, white quartz countertops, new stainless steel appliances, and modern black fixtures. The bathroom also features contemporary white vanity, black fixtures, and new blue subway tile in the shower. The flooring (new carpet and light wood-look laminate) and lighting (recessed and modern pendants) are all new and meet current quality standards, indicating the unit is virtually new inside.
The unit boasts an updated kitchen and bathroom, new carpet, and new appliances, offering a move-in ready and contemporary living experience.
The well-maintained building provides exceptional amenities including a fitness center with a dry sauna, a rooftop swimming pool and jacuzzi, on-site security, and convenient guest parking, enhancing resident lifestyle.
Located in the sought-after Hancock Park-Wilshire area of Los Angeles, offering a central and attractive address with good access to city conveniences.
Multiple price adjustments from the original listing price indicate potential overpricing or market resistance, which could affect buyer perception.
A $450 monthly association fee adds a substantial recurring cost to ownership, which may impact affordability for some prospective buyers.
While a view is present, the 'Courtyard' view is typically less desirable than city, ocean, or panoramic views, potentially limiting its premium appeal.
This spacious 1-bedroom, 1-bathroom unit offers an open floor plan, a generously sized bedroom, an updated kitchen and bathroom, new carpet, new appliances, and a private balcony. The well-maintained building features a fitness center with a dry sauna, a rooftop swimming pool and jacuzzi, on-site security, and convenient guest parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 690 | 1,232 | 5% |
| Lot Size | 51,555 | 26,266 | 84% |
| Price | $510.0K | $690.0K | 21% |
| Price per sq ft | $739 | $554 | 95% |
| Built year | 1990 | 1990 | 50% |
| HOA | $450.0 | $540 | 26% |
| Days on market | 181 | 182 | 47% |
Apr 15, 2026
$510,000
$495,000
+3% Price Increase
Initial Listing
Jan 8, 2026
$495,000
$510,000
-3% Price Drop
Initial Listing
Dec 30, 2025
$510,000
$525,000
-3% Price Drop
Initial Listing
Oct 23, 2025
$525,000
Initial Listing
Dec 2, 2024
$458,000
Public Record
Dec 4, 2020
$430,000
Public Record
Nov 29, 2010
$165,000
Public Record
Nov 30, 2005
$325,000
Public Record