Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

620 S Gramercy Place 103

Los Angeles, CA, 90005

1 / 27View all 27 photos

$445,900

MLS: 26647783

Beds

1

Baths

1

Sq Ft

690

Lot

1.18 ac

Year Built

1990

MLS #

26647783

Days on Market

58

Listed

Feb 4, 2026

Description

Welcome to 620 S Gramercy Pl #103, a beautifully yet subtly updated one bedroom, one bathroom residence in the heart of Los Angeles. This 690 square foot unit features new flooring throughout and modern recessed lighting, creating a bright and inviting living space that feels both stylish and comfortable. The thoughtfully designed layout offers a spacious living and dining area, a well sized bedroom with ample closet space, and a clean, updated bathroom. Ideal for both relaxing and entertaining, this home blends comfort with convenience in a prime location. Residents enjoy guest parking and a full suite of resort style amenities, including a rooftop pool and hot tub with city views, a fully equipped fitness center, sauna, EV charging stations, and on site security. Located near dining, shopping, and major transit routes, this home offers the perfect balance of lifestyle and accessibility. A great opportunity to own or live in a move in ready unit with exceptional amenities in one of LA's most desirable neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90005

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Listed by: John Kim · Keller Williams Larchmont

Payment estimate

$3,397

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $44,590 · Loan: $401,310

%
Principal & Interest
$2,466
Property tax (1.25%)
$464
Homeowners insurance
$300
Mortgage insurance
$167
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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 $15,607 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.

Local Market Stats

See Los Angeles, CA 90005 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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