620 S Gramercy Place 301, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath

620 S Gramercy Place 301, Los Angeles, California 90005 home-pic-0

620 S Gramercy Place 301

Los Angeles, California 90005

ACTIVE
CONDITION: GOOD
2Beds
2Baths
948Sq Ft
51,555Lot Size

Property Price

LIST PRICE$625,000

SUMMARY

Analysis of 620 S Gramercy Place 301, Los Angeles, California 90005 is currently available with a list price of $625,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

Good
TeardownExcellent

Property is move-in ready.

The property is in turnkey, move-in ready condition with several recent cosmetic and functional updates. While the building was built in 1990, the unit features brand-new stainless steel kitchen appliances (gas range, microwave, and dishwasher), fresh interior paint, and new high-quality carpeting throughout. The kitchen and bathrooms, though maintaining some older cabinetry styles, are well-maintained with updated countertops and fixtures. The overall condition shows minimal wear and tear, requiring no immediate renovations for occupancy.

PROSSTRENGTHS & OPPORTUNITIES

  • Resort-Style Amenities

    The building offers a comprehensive amenity package including 24-hour security, a rooftop pool and spa with panoramic views, a fitness center, and a newly installed EV charging station, providing a high-end lifestyle and modern convenience.

  • Superior Privacy and Layout

    As a corner unit with only one shared wall and a split-bedroom floor plan, this residence offers exceptional privacy and natural light that is often difficult to find in dense urban condominium complexes.

  • Turnkey Condition

    The property is move-in ready, featuring fresh interior paint, high-quality new carpeting, and upgraded kitchen appliances including a new gas range, microwave, and dishwasher.

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 Age

    Built in 1990, the building may require more frequent maintenance of common areas and infrastructure compared to the newer luxury developments frequently appearing in the Koreatown area.

  • Compact Square Footage

    At 948 square feet for a two-bedroom unit, the living space may feel slightly restrictive for buyers accustomed to more expansive modern floor plans or those requiring a large home office.

About 620 S Gramercy Place 301

Welcome to this beautifully updated 2-bedroom, 2-bath front unit condo in the heart of Koreatown. 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.

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
$458.0 / 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 foot9481,286
19%
Lot Size51,55526,266
88%
Price$625.0K$695.0K
38%
Price per sq ft$659$550
94%
Built year19901986
50%
HOA$458.0$538
31%
Days on market24198
6%

Pricing History

Listed for Sale

Feb 10, 2026

$625,000

Initial Listing

Sold

Mar 29, 2005

$429,000

Public Record

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