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620 S Gramercy Place 412, Los Angeles, California 90005, Los Angeles, 90005 - bed, 1 bath

620 S Gramercy Place 412, Los Angeles, California 90005 home-pic-0
ACTIVE$550,000
620 S Gramercy Place 412, Los Angeles, California 90005
0Bed
1Bath
602Sqft
51,555Lot
Year Built
1990
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$914
HOA
$444
Days on market
-
Sold On
-
MLS number
PW25198567
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Valley
Deck
ViewCity Lights,Hills,Mountain(s),Neighborhood,Panoramic,Valley

About this home

We found 4 Cons,5 Pros. Rank: price - $550.0K(35th), sqft - 602(12th), beds - undefined(12th), baths - 1(24th).

$20,000 Free Grant available!! A Private Urban Retreat with Panoramic Views!! Welcome home to 620 S Gramercy Place Unit #412, a beautifully updated urban oasis where the vibrancy of Koreatown seamlessly meets the historic charm of Hancock Park. This isn't just a residence; it's a private retreat designed for modern living. Step inside this stunning unit and discover a bright, open floor plan. The updated kitchen is a chef's delight, boasting sleek countertops, stylish cabinetry, and stainless steel appliances that make both cooking and entertaining a pleasure. The smart layout features a separate loft space, providing a perfect division between your living and sleeping areas, ensuring privacy and tranquility. The updated bathroom offers a modern, clean design to start and end your day. Step out onto your private balcony and take in captivating views, the perfect spot for your morning coffee or an evening cocktail. Location is everything, and this unit delivers!! Your new home is also just steps away from the esteemed St. James' Episcopal School and Wilshire Park Elementary, making it a prime location for families. The building itself is a resort-style condominium with an array of amenities, including a rooftop pool and spa with panoramic views of Downtown LA and the Hollywood Hills, a fitness center and sauna room, and 24-hour on-site security with gated parking. With a remarkable Walk Score of 97, a true Walker's Paradise awaits. Explore the world-renowned dining and nightlife of Koreatown, or take a quick stroll to iconic Larchmont Village. Commuting is a breeze with excellent transit options, including the nearby Wilshire/Western Metro station. Best of all, you're only 13 miles from the sandy shores of Santa Monica, putting a classic California beach day well within reach. Live effortlessly in a location that truly has it all. This is an opportunity to own a piece of a truly dynamic and luxurious lifestyle.

Price History

Date
Event
Price
09/08/25
Listing
$550,000
02/18/25
Sold
$407,000
05/21/13
Sold
$220,000
05/22/07
Sold
$345,000
03/24/05
Sold
$250,000
Condition Rating
Good
The property, built in 1990, has been 'beautifully updated' with a 'modern, clean design' in both the kitchen and bathroom, as stated in the description and evidenced by the images. The kitchen features stainless steel appliances, granite countertops, and stylish cabinetry, while the bathroom has a contemporary vanity. The overall aesthetic is clean and move-in ready, with fresh paint and well-maintained carpet. While not a brand-new renovation, the updates appear to be within the last 5-15 years, aligning with the 'Good' condition criteria for a well-maintained property with updated components.
Pros & Cons

Pros

Exceptional Location & Accessibility: Boasts a remarkable Walk Score of 97, placing it in a 'Walker's Paradise' with immediate access to Koreatown's dining/nightlife, Larchmont Village, top-rated schools, and the Wilshire/Western Metro station, offering unparalleled urban convenience.
Resort-Style Building Amenities: The condominium offers an array of premium amenities including a rooftop pool and spa with panoramic views, a fitness center, sauna, 24-hour on-site security, and gated parking, enhancing the living experience.
Updated Interior & Modern Design: The unit features a beautifully updated kitchen with sleek countertops, stylish cabinetry, and stainless steel appliances, along with a modern, clean updated bathroom and a bright, open floor plan.
Panoramic Views: Enjoy captivating views from a private balcony, complemented by panoramic vistas of Downtown LA and the Hollywood Hills from the building's rooftop amenities.
Financial Incentive: A significant $20,000 Free Grant is available, providing a substantial financial benefit to eligible buyers.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-02-18. The sold price is $407,000.00.
Compact Living Space: With 602 sqft, the unit offers a compact living area, which may be a limitation for buyers seeking more expansive space or additional rooms.
Monthly Association Fees: The $444 monthly association fee represents a notable recurring cost that must be factored into the overall affordability and budget for potential buyers.
Unspecified Cooling System: The property description does not explicitly mention the presence of a cooling system (e.g., central air conditioning), which could be a consideration for comfort during warmer periods in Los Angeles.

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