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

620 S Gramercy Place 412

Los Angeles, California 90005

ACTIVE
CONDITION: GOOD
0Beds
1Baths
602Sq Ft
51,555Lot Size

Property Price

LIST PRICE$550,000

SUMMARY

Analysis of 620 S Gramercy Place 412, Los Angeles, California 90005 is currently available with a list price of $550,000. 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, 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.

PROSSTRENGTHS & OPPORTUNITIES

  • 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.

CONSRISKS & DEFICIENCIES

  • 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.

About 620 S Gramercy Place 412

$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.

Property Details

Public Facts

Property Type
Condominium
Year Built
1990
Lot Size
51,555 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$444.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-2.0
6%
Baths1.02.0
19%
Square foot6021,286
6%
Lot Size51,55526,266
88%
Price$550.0K$695.0K
25%
Price per sq ft$914$550
94%
Built year19901986
50%
HOA$444.0$538
31%
Days on market179198
50%

Pricing History

Listed for Sale

Sep 8, 2025

$550,000

Initial Listing

Sold

Feb 18, 2025

$407,000

Public Record

Sold

May 21, 2013

$220,000

Public Record

Sold

May 22, 2007

$345,000

Public Record

Sold

Mar 24, 2005

$250,000

Public Record

Browse Properties by State Browse housing market trends by state