ActiveCondominium

620 S Gramercy 338

Los Angeles, CA, 90005

1 / 27View all 27 photos

$625,000

MLS: SR26021636

Beds

2

Baths

2

Sq Ft

902

Lot

1.18 ac

Year Built

1990

MLS #

SR26021636

Days on Market

78

Listed

Feb 1, 2026

Description

Live where the action is! This turn-key 2-bed, 2-bath condo sits in the heart of Mid-Wilshire/Koreatown, just two blocks from the Wilshire Theatre and Metro station. Inside, you’ll find permitted hardwood-style flooring throughout, fresh paint, a cozy fireplace, and a modern kitchen with stainless steel appliances included—move-in ready and easy to love. Step outside to endless food spots, cafés, shopping, and nightlife right at your doorstep. The building brings the extras with a gym, sauna, rooftop pool, and hot tub with amazing city views—perfect for unwinding or entertaining. Pet-friendly community with guest parking onsite and an assigned tandem parking space for two vehicles. City living, upgraded.

Location

Los Angeles, Los Angeles County, CA 90005

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Listed by: Jennifer Chai · Pinnacle Estate Properties

Payment estimate

$4,642

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500

%
Principal & Interest
$3,456
Property tax (1.25%)
$651
Homeowners insurance
$300
Mortgage insurance
$234
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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 $21,875 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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