
Los Angeles, California 90005
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $535,000—positioned slightly above the $524,454 Fair Market Value. While the price reflects a premium, the property offers a Fair Condition Rating with recent upgrades including fresh paint, new carpeting, and new stainless steel appliances. Featuring a split-bedroom floor plan, rooftop pool, and private EV charging, this residence provides a high-quality lifestyle in the heart of Koreatown. It is an ideal acquisition for first-time buyers or urban professionals seeking a secure, low-maintenance home with modern amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 S Gramercy Place 301 Subject 2 bd · 2 ba · 948 sqft · $553 | $535,000* List Price | 2 | 2 | 948 | $553 | - |
A 620 S Gramercy Place 105 Sold 2 bd · 2 ba · 935 sqft · $639 · 0.0 mi | $597,000 | 2 | 2 | 935 | $639 | 0.0 mi |
B 620 S Gramercy Place 103 Sold 1 bd · 1 ba · 690 sqft · $601 · 0.0 mi | $415,000 | 1 | 1 | 690 | $601 | 0.0 mi |
C 620 S Gramercy Place 222 Sold 2 bd · 2 ba · 979 sqft · $530 | $519,000 | 2 | 2 | 979 | $530 | - |
D 729 S Hobart Boulevard 40 Sold 1 bd · 1 ba · 789 sqft · $545 · 0.5 mi | $430,000 | 1 | 1 | 789 | $545 | 0.5 mi |
E 822 S Windsor Boulevard 102 Sold 2 bd · 2 ba · 1,291 sqft · $480 · 0.6 mi | $620,000 | 2 | 2 | 1,291 | $480 | 0.6 mi |
F 733 S Manhattan Place 402 Sold 2 bd · 2 ba · 1,150 sqft · $530 · 0.3 mi | $610,000 | 2 | 2 | 1,150 | $530 | 0.3 mi |
G 733 S Manhattan Place 604 Sold 2 bd · 2 ba · 1,130 sqft · $593 · 0.3 mi | $670,000 | 2 | 2 | 1,130 | $593 | 0.3 mi |
H 815 S Harvard 302 Sold 2 bd · 2 ba · 1,090 sqft · $505 · 0.6 mi | $550,000 | 2 | 2 | 1,090 | $505 | 0.6 mi |
I 620 S Gramercy Place 320 Active 2 bd · 2 ba · 1,038 sqft · $567 | $589,000 List Price | 2 | 2 | 1,038 | $567 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1990 (34 years old). While it has received recent cosmetic updates including fresh paint, new carpeting, and new kitchen appliances, the kitchen cabinetry and overall layout remain dated. It is well-maintained and move-in ready, but the age of the core systems and lack of a full kitchen/bath remodel within the last 15 years place it in the fair category.
As a front corner unit with only one shared wall and a split-bedroom floor plan, this residence offers superior privacy and natural light compared to standard interior units.
The home features recent upgrades including fresh paint, new carpeting, and new stainless steel kitchen appliances, significantly reducing immediate post-purchase costs for the buyer.
Residents benefit from 24-hour security, a rooftop pool with panoramic views, and the rare addition of a private EV charging station, adding significant modern value.
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.
With under 1,000 square feet for a two-bedroom configuration, the living spaces may feel slightly constrained for buyers seeking more expansive room dimensions.
The monthly association fee of $458 adds a notable fixed cost to the ownership budget, which may impact the debt-to-income ratio for some prospective buyers.
Welcome to this beautifully updated 2-bedroom, 2-bath front corner residence in the heart of Korea-town, offering an exceptional combination of privacy, natural light, and open views. Ideally positioned with west-facing exposure in a southeast corner location, this bright and airy home enjoys picturesque treetop and open-sky views, refreshing cross-breezes, and only one shared wall, creating a peaceful and private living environment. One of the larger two-bedroom floor plans in the 620 Gramercy community, the residence features a thoughtfully designed layout centered around a spacious living room with a cozy fireplace and direct access to a private balcony an inviting spot to unwind while enjoying the treetop scenery and fresh air. Double-pane windows enhance comfort and quiet throughout the home. The two bedrooms and bathrooms are positioned on opposite sides of the living area, providing excellent separation and allowing each bedroom to enjoy its own sense of privacy within the residence ideal for guests, roommates, a home office, or multigenerational living. The generous primary suite features a walk-in closet and full en-suite bathroom. Recent updates include fresh interior paint, quality new carpeting, a new microwave, new gas range/oven, and new dishwasher, creating a clean and move-in-ready home.The secure community offers 24-hour security and an impressive collection of 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 also includes two assigned parking spaces and a newly installed EV charging station. Conveniently located near Hancock Park, Larchmont Village, The Grove, Beverly Hills, and Downtown Los Angeles, with easy access to popular restaurants, shopping, entertainment, and public transportation. A rare opportunity to enjoy space, privacy, views, and convenience in the heart of the city.
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 | 1,252.996 |
| Lot Size | 51,555 | 26,029.603 |
| Price | $535.0K | $778.5K |
| Price per sq ft | $564 | $629 |
| Built year | 1990 | 1981 |
| HOA | $458.0 | $676 |
| Days on market | 27 | 74 |
Oct 13, 2026
$535,000
Initial Listing
Mar 29, 2005
$429,000
Public Record