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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 home-pic-0
ACTIVE$629,000
620 S Gramercy Place 301, Los Angeles, California 90005
2Beds
2Baths
948Sqft
51,555Lot
Year Built
1990
Close
-
List price
$629K
Original List price
$629K
Price/Sqft
$664
HOA
$458
Days on market
-
Sold On
-
MLS number
25613799
Home ConditionFair
Features
Excellent View: City Lights, Trees/Woods
Pool
Spa
ViewCity Lights,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $629.0K(35th), sqft - 948(29th), beds - 2(50th), baths - 2(50th).

Welcome to your new home in the heart of Koreatown! This beautiful 2-bed, 2-bath condo offers west-facing views away from busy streets, creating a peaceful retreat in a vibrant location. The open layout is filled with natural light and features two spacious bedrooms separated for privacy. The primary suite includes its own full bath and walk-in closet. The modern kitchen is equipped with a new microwave, a new gas range oven, and a new dishwasher. Both bedrooms are uniquely positioned so they do not share walls with any neighboring units, ensuring maximum privacy and quiet. Enjoy two assigned parking spaces and hotel-like amenities, including a rooftop pool and spa with panoramic city views, fitness center, spa-style showers, guest parking, and 24-hour security. Conveniently located near Hancock Park, Larchmont Village, The Grove, Beverly Hills, and Downtown LA, with easy access to dining, shopping, and public transit. Perfect as a new home or investment-don't miss this Koreatown gem!

Price History

Date
Event
Price
11/04/25
Listing
$629,000
03/29/05
Sold
$429,000
Condition Rating
Fair
The property, built in 1990 (34 years ago), is well-maintained and clean, with fresh paint and new kitchen appliances (microwave, gas range, dishwasher). However, the kitchen cabinets and granite countertops, along with both bathrooms' vanities, fixtures, and tile work, appear dated in style, suggesting they are original or from a renovation 15-30 years ago. The extensive carpeting throughout the living areas and bedrooms also contributes to an older aesthetic. While functional and move-in ready, the property would benefit from minor cosmetic updates to the kitchen and bathrooms to align with current styles.
Pros & Cons

Pros

Prime Urban Location: Situated in the heart of Koreatown with excellent proximity to major LA cultural and commercial hubs like Hancock Park, Larchmont Village, The Grove, Beverly Hills, and Downtown LA, offering unparalleled convenience and access to amenities and public transit.
Exceptional Building Amenities: Offers 'hotel-like' amenities including a rooftop pool and spa with panoramic city views, a fitness center, spa-style showers, guest parking, and 24-hour security, significantly enhancing lifestyle and value.
Enhanced Privacy & Quiet Living: Features west-facing views away from busy streets, separated bedrooms, and no shared walls with neighboring units, ensuring maximum privacy and a peaceful living environment.
Dedicated Parking: Includes two assigned parking spaces, a highly valuable and sought-after amenity in dense urban areas like Los Angeles.
Updated Kitchen Appliances: The modern kitchen is equipped with new essential appliances (microwave, gas range oven, dishwasher), reducing immediate upgrade costs for a new owner.

Cons

Substantial Monthly HOA Dues: The $458 monthly association fee is a considerable ongoing expense that adds to the total cost of ownership and can impact affordability.
Building Age & Potential for Future Capital Expenditures: Constructed in 1990, the building is over 30 years old. While amenities are highlighted, older buildings can face higher maintenance costs or special assessments for major system replacements or structural repairs.
Lack of Specified Cooling System: The property description does not mention the presence of central air conditioning or any specific cooling system, which could be a significant comfort concern for buyers in Los Angeles's warm climate.

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