311 S Gramercy Pl, # Penthouse 2, Los Angeles, CA 90020

Bright top-floor penthouse in a Hancock Park adjacent building Perched on the top floor of a well-kept 2010 building, this bright 3-bedroom, 2-bathroom penthouse pairs single-level ease with high ceilings, crown molding, and open city views from every room. The interior has just been refreshed with warm, light-toned paint and updated light fixtures and ceiling fans throughout, giving the whole home a current, move-in-ready feel. At its center is a granite kitchen with custom cabinetry and full stainless-steel appliances - dishwasher, range/oven, microwave, and refrigerator - that flows into a generous living and dining area opening onto a private balcony with the Hollywood Sign visible in the distance. A spacious primary suite with en-suite bath anchors one end, with two additional bedrooms and a full second bath. A full-size in-unit washer and dryer, central heat and air, and a mix of hardwood and tile flooring round out the everyday comforts. The home includes two assigned spaces in the gated garage (tandem) - with an EV charger hookup available - plus a private storage unit. Water and trash are covered by the HOA. All of this sits on a quiet residential street just moments from Larchmont Village, Koreatown's dining, the Wilshire corridor, and The Grove, and within the sought-after Third Street Elementary school zone. Please note: The photos are from a few years ago and don't yet reflect recent updates - the walls have been repainted in light tones and the ceiling fans and light fixtures have been upgraded. The home looks even more current in person. Lease & move-in - Term: 12-month lease preferred; shorter terms considered on a case-by-case basis - Available: August 1, 2026 - Rent: $4,500/month, due on the 1st, with a grace period through the 3rd Security deposit - $4,500 (one month's rent), fully refundable - Covers unpaid rent and damage beyond normal wear and tear - Returned with an itemized statement within 21 days of move-out, as required by California law Monthly costs - Rent includes two assigned spaces in the gated garage - EV charger hookup available at the space charger not included; charging is billed to the tenant's meter - Private storage unit available for $40/month - Pet rent (if applicable): $50/month per pet Utilities - Included via HOA: water and trash - Paid by tenant: electricity, gas, and internet/cable (the unit is individually metered) Renters insurance - Required before move-in: minimum $100,000 in personal liability coverage, with the owner named as an additional interested party Applicant screening (the same criteria are applied to every applicant) - Gross household income of at least 3.25x the monthly rent - Credit score of 690 or above - No unlawful-detainer (eviction) judgment in the past 7 years - Every adult 18 or older who will live in the home submits an application - Application fee: $60 per adult (covers third-party credit and background screening) - Housing vouchers and other rental subsidies are welcome; the income standard is applied only to the portion of rent the tenant actually pays Household & building rules - Smoke-free home no tobacco, cannabis, or vaping inside the unit, on the balcony, or in common areas - No subletting or short-term/vacation rentals without the owner's written consent - Tenants agree to follow the building's HOA rules, provided before signing Animals - Pets: one cat and/or one small dog under 40 lbs considered; breed subject to HOA approval. $50/month pet rent per pet; no separate pet deposit. Pet policy is negotiable. - Service and assistance/support animals are not pets they are always welcome and are not subject to pet rent or breed/size limits, in keeping with fair-housing law.