620 S Gramercy Place 301, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
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Los Angeles, California 90005
This Turnkey Condominium represents a Strong Value Opportunity, listed at $595,000—positioned above the $560,404 Fair Market Value. While priced slightly above market, the unit offers a Condition Rating of 3, featuring fresh paint, new carpeting, and upgraded kitchen appliances. Residents enjoy a resort-style lifestyle with a rooftop pool, spa, and 24-hour security. Its prime corner location provides exceptional privacy and natural light, making it an ideal choice for first-time buyers or Owner-Occupants seeking a move-in ready residence in the heart of Koreatown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 301 Subject | $595,000* List Price | 2 | 2 | 948 | $591 | - |
A 620 S Gramercy Place 105 Sold | $597,000 | 2 | 2 | 935 | $639 | 0.0 mi |
B 620 S Gramercy Place 415 Sold | $620,000 | 2 | 2 | 1,053 | $589 | 0.0 mi |
C 620 S Gramercy Place 234 Sold | $475,000 | 1 | 1 | 670 | $709 | 0.0 mi |
D 733 S Manhattan Place 604 Sold | $670,000 | 2 | 2 | 1,130 | $593 | 0.3 mi |
E 861 S Windsor Boulevard 103 Sold | $680,000 | 2 | 2 | 1,194 | $570 | 0.7 mi |
F 815 S Harvard 302 Sold | $550,000 | 2 | 2 | 1,090 | $505 | 0.6 mi |
G 733 S Manhattan Place 401 Sold | $619,900 | 2 | 2 | 1,090 | $569 | 0.3 mi |
H 631 S Kenmore 406 Sold | $590,000 | 2 | 2 | 1,199 | $492 | 0.9 mi |
I 620 S Gramercy Place 301 Active | $625,000 List Price | 2 | 2 | 948 | $659 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1990 (34 years old), the unit features recent turnkey updates including fresh interior paint, new high-quality carpeting, and brand-new kitchen appliances (microwave, gas range, and dishwasher). The kitchen and baths appear well-maintained with previous granite upgrades, making the home fully functional and move-in ready.
As a front corner unit with only one shared wall and a split-bedroom floor plan, this residence offers exceptional privacy and natural light rarely found in dense urban condo living.
The building features high-end amenities including 24-hour security, a rooftop pool with panoramic views, and a newly installed EV charging station, providing a luxury lifestyle at a competitive price point.
The unit is move-in ready with fresh interior paint, new high-quality carpeting, and upgraded kitchen appliances, minimizing immediate post-purchase expenses for the buyer.
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.
The monthly association fee of $458 adds a significant fixed cost to the monthly budget that may impact the purchasing power of some buyers.
Constructed in 1990, the building may lack some of the modern energy-efficient features or contemporary architectural aesthetics found in the newer luxury developments within the Koreatown area.
Welcome to this beautifully updated 2-bedroom, 2-bath front unit condo in the heart of Korea-town. Positioned on a west-facing, southeast corner location, this bright and airy residence enjoys open sky views, excellent airflow, and only one shared wall, offering exceptional privacy. One of the larger two-bedroom floor plans in the 620 Gramercy complex, the home features an open layout filled with natural light. The spacious living room includes a cozy fireplace and direct access to a private balcony, perfect for relaxing or enjoying fresh air. The thoughtfully designed floor plan separates the bedrooms for added privacy. The primary suite features a full bathroom and walk-in closet. The kitchen is upgraded with a new microwave, new gas range oven, and new dishwasher. Fresh new interior paint and high-quality carpeting throughout create a clean, turnkey living environment. This secure, hotel-style community offers 24-hour security and resort-like amenities including a rooftop pool and spa with panoramic city views, fitness center, spa-style shower rooms, guest parking, and on-site management. The unit includes two assigned parking spaces. newly installed EV charging station. Conveniently located near Hancock Park, Larchmont Village, The Grove, Beverly Hills, and Downtown LA, with easy access to popular dining, shopping, and public transportation. Ideal as a primary residence or investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 948 | 1,243 |
| Lot Size | 51,555 | 24,016 |
| Price | $595.0K | $805.6K |
| Price per sq ft | $628 | $659 |
| Built year | 1990 | 1981 |
| HOA | $458.0 | $684 |
| Days on market | 21 | 71 |
Jul 1, 2026
$595,000
Initial Listing
Mar 29, 2005
$429,000
Public Record