620 S Gramercy Place 239, Los Angeles, California 90005, Los Angeles, 90005 - 1 bed, 1 bath
ACTIVE$525,000
620 S Gramercy Place 239, Los Angeles, California 90005
1Bed
1Bath
690Sqft
51,555Lot
Year Built
1990
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$761
HOA
$450
Days on market
-
Sold On
-
MLS number
25604211
Home ConditionGood
Features
Good View: Courtyard
Deck
Pool
Spa
ViewCourtyard
About this home
We found 3 Cons,5 Pros. Rank: price - $525.0K(35th), sqft - 690(12th), beds - 1(29th), baths - 1(24th).
This spacious 1-bedroom, 1-bathroom unit offers an open floor plan, a generously sized bedroom, an updated kitchen and bathroom, new carpet, new appliances, and a private balcony. The well-maintained building features a fitness center with a dry sauna, a rooftop swimming pool and jacuzzi, on-site security, and convenient guest parking.
Price History
Date
Event
Price
10/23/25
Listing
$525,000
12/02/24
Sold
$458,000
12/04/20
Sold
$430,000
11/29/10
Sold
$165,000
11/30/05
Sold
$325,000
Condition Rating
Good
The unit features a recently updated kitchen and bathroom with modern finishes, new stainless steel appliances, new carpet, and contemporary light fixtures, making it move-in ready. The images confirm these updates are of high quality and contemporary style. However, the building was constructed in 1990, and the unit lacks central air conditioning, which is a significant drawback for an 'Excellent' rating, especially in Los Angeles. These factors place the property in the 'Good' category, indicating a well-maintained unit with recent cosmetic renovations but some systemic limitations.
Pros & Cons
Pros
Modern Interior Updates: The unit boasts recent updates including an updated kitchen and bathroom, new carpet, and new appliances, offering a move-in ready condition for buyers.
Premium Building Amenities: Residents benefit from a well-maintained building featuring a fitness center with a dry sauna, a rooftop swimming pool and jacuzzi, on-site security, and convenient guest parking.
Private Outdoor Space: The inclusion of a private balcony provides valuable personal outdoor living space, enhancing the unit's appeal and lifestyle.
Desirable Los Angeles Location: Located in the sought-after Hancock Park-Wilshire area (90005), offering excellent urban convenience and access to city amenities.
Functional & Spacious Layout: The unit features an open floor plan and a generously sized bedroom, maximizing living comfort and utility for a 1-bedroom condominium.
Cons
High Monthly HOA Dues: The $450 monthly association fee is substantial for a 1-bedroom unit, which could impact overall affordability and long-term ownership costs.
Lack of Central Air Conditioning: The description does not mention a cooling system, which could be a significant comfort drawback during Los Angeles' warmer months and a potential future upgrade expense.
Limited View: While having a view, the 'Courtyard' aspect may not command the same premium or broad appeal as units with city, mountain, or more expansive vistas.