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
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 948 | 1,286 | 19% |
| Lot Size | 51,555 | 26,266 | 88% |
| Price | $625.0K | $695.0K | 38% |
| Price per sq ft | $659 | $550 | 94% |
| Built year | 1990 | 1986 | 50% |
| HOA | $458.0 | $538 | 31% |
| Days on market | 24 | 198 | 6% |
Pricing History
Listed for Sale
Feb 10, 2026
$625,000
Initial Listing
Sold
Mar 29, 2005
$429,000
Public Record










































