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620 S Gramercy 314, Los Angeles, California 90005, Los Angeles, 90005 - bed, 1 bath

620 S Gramercy 314, Los Angeles, California 90005 home-pic-0
ACTIVE$440,000
620 S Gramercy 314, Los Angeles, California 90005
0Bed
1Bath
482Sqft
51,555Lot
Year Built
1990
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$913
HOA
$444
Days on market
-
Sold On
-
MLS number
DW25247132
Home ConditionFair
Features
Excellent View: Mountain(s), Neighborhood, Panoramic
ViewMountain(s), Neighborhood, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $440.0K(12th), sqft - 482(6th), beds - undefined(12th), baths - 1(24th).

Welcome to 620 South Gramercy Place #314. This modern single, 1-bath condo features a bright and airy open-concept living room with a cozy fireplace. Its high-end sliding doors separate the sleeping area in style and privacy. Enjoy the rooftop pool and spa with amazing panoramic views of Downtown LA. Additional amenities include a spacious gym, secure parking, elevator access. This home is conveniently located in the heart of Koreatown within a short distance to Hancock Park, with easy access to shopping, dining, entertainment, and public transportation, making it the perfect place for both work and play. Don’t miss the opportunity to make this home your dream home.

Price History

Date
Event
Price
10/26/25
Listing
$440,000
08/03/21
Sold
$400,000
10/05/16
Sold
$302,000
04/22/05
Sold
$215,000
Condition Rating
Fair
Built in 1990, this condo is 34 years old. While it is move-in ready and appears well-maintained, the kitchen and bathroom show signs of updates that are now 10-20 years old, rather than recent. The kitchen features granite countertops and a stainless steel dishwasher, but the tile flooring, fluorescent lighting, and pink wall paint are dated. Similarly, the bathroom has an updated vanity and shower tile, but the floor tile and wall color are also outdated. The carpet in the living and sleeping areas is functional but not a modern, high-end finish. Overall, the property is aged but maintained, with major components functional, but it shows clear signs of being outdated and would benefit from minor cosmetic updates to enhance its appeal.
Pros & Cons

Pros

Exceptional Location: Conveniently situated in the vibrant heart of Koreatown, offering easy access to Hancock Park, diverse shopping, dining, entertainment, and public transportation.
Premium Building Amenities: Residents benefit from a rooftop pool and spa with panoramic Downtown LA views, a spacious gym, secure parking, and elevator access, enhancing lifestyle and convenience.
Panoramic Views: The building's rooftop provides amazing panoramic views of Downtown LA, and the property itself boasts mountain, neighborhood, and panoramic views.
Modern Interior Features: The condo features a bright, airy open-concept living room with a cozy fireplace and high-end sliding doors for stylish and private separation of the sleeping area.
Security and Accessibility: The property offers secure parking and elevator access, providing peace of mind and ease of movement within the building.

Cons

Compact Living Space: At 482 sqft, this single, 1-bath condo offers a very compact living area, which may limit its appeal to buyers seeking more spacious accommodations or a dedicated bedroom.
High Monthly HOA Fees: The association fee of $444.00 per month is relatively high for a unit of this size, potentially impacting overall affordability and long-term ownership costs.
Lack of Mentioned Cooling System: The property description does not specify the presence of an air conditioning system, which could be a significant drawback during Los Angeles' warmer months.

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