620 S Gramercy Place 441, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath

620 S Gramercy Place 441, Los Angeles, California 90005 home-pic-0
ACTIVE$675,000
620 S Gramercy Place 441, Los Angeles, California 90005
2Beds
2Baths
1,068Sqft
51,555Lot
Year Built
1990
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$632
HOA
$435
Days on market
-
Sold On
-
MLS number
25568701
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $675.0K(41th), sqft - 1068(35th), beds - 2(50th), baths - 2(50th).

'The elusive penthouse' Located in one of Los Angeles' most desirable neighborhoods, this stunning two-story, top-floor end-unit condo offers an exceptional blend of modern elegance and urban convenience. Nestled between Mid-Wilshire and Koreatown and adjacent to historic Hancock Park, this move-in-ready residence features two spacious bedrooms, two fully renovated bathrooms, and a versatile loft den, all within one of the largest floor plans in the community. The main level features a bright and airy open layout with high ceilings, a classic fireplace, and direct access to a private balcony with sweeping views of the Koreatown skyline. The gourmet kitchen is appointed with granite countertops, updated cabinetry, all-new stainless steel appliances, and a convenient breakfast bar. The primary suite includes a luxurious en-suite bath and a generous walk-in closet, while the secondary bedroom is ideal for guests or a home office.Additional interior highlights include recessed lighting throughout, new engineered carpets, waterproof laminate flooring, fresh designer paint, and two assigned tandem parking spaces. Enjoy resort-style living with a wealth of community amenities : A rooftop swimming pool and Jacuzzi with 360 panoramic views of Downtown LA and the Hollywood Hills // A fully equipped fitness center with dry sauna and showers // 24-hour security, on-site property management, and ample guest parking // Located within walk distance to Metro stations, top-rated restaurants, shopping, and entertainment hubs such as Wilshire Corridor, DTLA, Larchmont Village, Paramount Studios, and Hollywood. The upcoming Metro D Line extension to Beverly Hills (expected 2025) adds even more long-term value. This home also sits next to Saint James' Episcopal School, one of LA's most prestigious private schools.With a Walk Score of 97 and Transit Score of 78, this home offers the perfect combination of comfort, accessibility, and lifestyle.Don't miss your opportunity to own this elevated urban sanctuary in the heart of Los Angeles. Schedule your private tour today. (Lease for $3,090 per month. 1 year lease term, 2 month security deposit)

Price History

Date
Event
Price
07/22/25
$675,000
11/01/23
Sold
$655,000
08/10/15
Sold
$515,000
07/31/08
Sold
$420,000
05/13/05
Sold
$459,000
Condition Rating
Excellent

Despite being built in 1990, this condo unit has undergone extensive and recent renovations, making it virtually new inside. The description highlights 'two fully renovated bathrooms,' a 'gourmet kitchen' with 'granite countertops, updated cabinetry, all-new stainless steel appliances,' 'new engineered carpets,' 'waterproof laminate flooring,' 'fresh designer paint,' and 'recessed lighting throughout.' The images confirm these modern updates, presenting a move-in ready property with high-quality finishes and minimal physical depreciation, aligning with the criteria for an excellent condition score.
Pros & Cons

Pros

Prime Urban Location & Accessibility: Exceptional Walk Score (97) and Transit Score (78), offering unparalleled access to Metro, dining, shopping, entertainment, and prestigious schools in desirable Mid-Wilshire, Koreatown, and Hancock Park.
Penthouse Unit with Modern Upgrades: A rare top-floor, end-unit penthouse featuring a spacious two-story layout, fully renovated bathrooms, a gourmet kitchen with new appliances, and fresh designer finishes throughout, making it move-in ready.
Resort-Style Community Amenities: Residents enjoy a rooftop swimming pool and Jacuzzi with 360-degree panoramic views, a fully equipped fitness center with sauna, 24-hour security, and on-site property management.
Strong Investment Potential: The upcoming Metro D Line extension to Beverly Hills (expected 2025) is poised to significantly enhance long-term property value and connectivity.
Panoramic City Views: The private balcony offers sweeping views of the Koreatown skyline, complemented by breathtaking 360-degree panoramic views of Downtown LA and the Hollywood Hills from the community's rooftop amenities.

Cons

Monthly Association Fees: A recurring monthly association fee of $435 adds to the overall cost of ownership, which can be a significant consideration for budget-conscious buyers.
Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback during Los Angeles' hotter months.
Tandem Parking: While two parking spaces are provided, the tandem configuration can be inconvenient for households with multiple drivers or frequent vehicle use, requiring cars to be moved to allow access.

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