** MAJOR PRICE REDUCTION** Up to $10K for Down Payment as a Grant for First Time Home Buyers, and Up to $7,500 towards Closing Cost** Restrictions Apply, Speak to the Lender, Request To Agent** The Best Deal and BEST Priced Unit!! Welcome to Gramercy Place, a well-maintained condominium community in the heart of Koreatown. This 2-bedroom, 2-bath residence offers a functional floor plan with comfortable living and dining areas, well-proportioned bedrooms, and excellent potential for both owner-users and investors. Enjoy the convenience of city living with access to desirable community amenities including a rooftop pool and spa, fitness center, sauna, secured access, on-site security, and guest parking. Centrally located near Wilshire Blvd, dining, shopping, markets, cafes, and public transportation, this home offers exceptional accessibility in one of Los Angeles' most vibrant neighborhoods. The home features a practical and inviting layout with spacious living areas, comfortable bedrooms, and a desirable split-bedroom style feel ideal for privacy, roommates, or a home office setup. Must see to appreciate! SEE AGENT REMARKS
Under contract
Price cut: $11K (8/20)
$519,000
620 S Gramercy Pl APT 222, Los Angeles, CA 90005
2beds
979sqft
Residential, Condominium
Built in 1990
-- sqft lot
$516,500 Zestimate®
$530/sqft
$458/mo HOA
What's special
- 135 days
- 358
- 16
Zillow last checked:
Listing updated:
Listed by:
John Kim DRE # 01828906 213-700-7598,
Keller Williams Larchmont 323-762-2600
Source: CLAW,MLS#: 26807203
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Walk-In Closet
Bedroom
- Features: Walk-In Closet(s)
Kitchen
- Features: Counter Top
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Gas, Gas Cooking Appliances, Microwave, Gas/Electric Range, Gas Oven, Refrigerator, Dishwasher, Disposal, Range/Oven
- Laundry: Common Area, Laundry Area
Features
- Built-Ins, Breakfast Counter / Bar
- Flooring: Carpet, Stone, Stone Tile
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Gas, Decorative
Interior area
- Total structure area: 979
- Total interior livable area: 979 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Community Structure, Secured
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 4
- Exterior features: Balcony
- Pool features: Above Ground, Association, Heated
- Spa features: Above Ground, Association Spa, Heated
- Has view: Yes
- View description: Other
Lot
- Size: 1.18 Acres
Details
- Parcel number: 5504028084
- Zoning: LAR5
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Architectural style: Architectural
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Condition
- Year built: 1990
Community & HOA
Community
- Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Secured Community, Gated, Prewired, Resident Manager, Smoke Detector(s), 24-Hour Closed Circuit Building, On-Site Guard
- Subdivision: Gramercy Place Hoa
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Assoc Pet Rules, Elevator(s), Fitness Center
- Services included: Trash, Security
- HOA fee: $458 monthly
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $682,998
- Date on market: 4/27/2026
Estimated market value
$516,500
$491,000 - $542,000
$3,039/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Contingent | $519,000$530/sqft |
Source: | ||
| 8/20/2026 | Price change | $519,000-2.1%$530/sqft |
Source: | ||
| 8/14/2026 | Price change | $530,000-2.2%$541/sqft |
Source: | ||
| 8/4/2026 | Price change | $542,000-9.7%$554/sqft |
Source: | ||
| 4/27/2026 | Listed for sale | $599,990+22.4%$613/sqft |
Source: | ||
| 11/10/2005 | Sold | $490,000$501/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $682,998 +2% |
| 2025 | $7,989 +1.1% | $669,607 +2% |
| 2024 | $7,899 +2% | $656,478 +2% |
| 2023 | $7,746 +4.9% | $643,607 +2% |
| 2022 | $7,383 +1.3% | $630,988 +2% |
| 2021 | $7,288 +3.2% | $618,617 +5.4% |
| 2020 | $7,059 | $587,000 +2.8% |
| 2019 | $7,059 +22% | $571,000 +18.2% |
| 2018 | $5,788 | $483,000 -3.8% |
| 2017 | $5,788 -3.5% | $502,000 |
| 2016 | $6,001 +0.3% | $502,000 +14.1% |
| 2015 | $5,980 +15.9% | $440,000 +4% |
| 2014 | $5,161 | $423,000 +57.2% |
| 2012 | -- | $269,000 |
| 2011 | -- | $269,000 |
| 2010 | -- | $269,000 -19% |
| 2009 | -- | $332,000 -34.9% |
| 2008 | -- | $509,796 +2% |
| 2007 | -- | $499,800 +2% |
| 2006 | -- | $490,000 +434.2% |
| 2005 | -- | $91,718 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Koreatown
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