620 S Gramercy 314
Los Angeles, CA, 90005
$400,000
MLS: DW25247132
Beds
0
Baths
1
Sq Ft
482
Lot
1.18 ac
Year Built
1990
MLS #
DW25247132
Days on Market
155
Listed
Oct 26, 2025
Description
Welcome to 620 South Gramercy Place #314. This modern single, 1-bath condo features a bright and airy open-concept living room with a cozy fireplace. Its high-end sliding doors separate the sleeping area in style and privacy. Enjoy the rooftop pool and spa with amazing panoramic views of Downtown LA. Additional amenities include a spacious gym, secure parking, elevator access. This home is conveniently located in the heart of Koreatown within a short distance to Hancock Park, with easy access to shopping, dining, entertainment, and public transportation, making it the perfect place for both work and play. Don’t miss the opportunity to make this home your dream home.
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Martin Meza · Martin Meza, Broker
Payment estimate
$3,079
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $360,000
- Principal & Interest
- $2,212
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $14,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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