620 S Gramercy Place 122
Los Angeles, CA, 90005
$649,000
MLS: 26650513
Beds
2
Baths
2
Sq Ft
979
Lot
1.18 ac
Year Built
1990
MLS #
26650513
Days on Market
119
Listed
Feb 17, 2026
Description
Welcome home! This bright 2-bedroom, 2-bath condo offers a generous and functional layout designed for comfortable everyday living. The open living area features a cozy fireplace and flows directly onto a large, sunny patio, an ideal space for indoor-outdoor living. With bedrooms thoughtfully separated on opposite ends of the unit, privacy and flexibility are built in. The primary suite includes its own bathroom and a generous walk-in closet. The kitchen has a full-size gas stove and oven, dishwasher, and microwave with plenty of storage. New laminate flooring, recessed lighting, and updated bathrooms make this home completely turnkey. Two tandem parking spaces are included within steps of the lobby. Residents enjoy exceptional amenities including a rooftop pool and jacuzzi with panoramic city views, a fitness center with dry sauna, guest parking, and 24-hour security. Located in vibrant Mid-Wilshire/Koreatown near Hancock Park, you're just steps from restaurants, cafes, markets, and entertainment. The Metro D Line offers convenient transit to Downtown LA, with its highly anticipated expansion westward continuing through 2026. Contact me to schedule a tour today!
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Jane Lee · Highland Premiere Real Estate
Payment estimate
$5,377
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $64,900 · Loan: $584,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,700
- Property tax (1.25%)
- $676
- Homeowners insurance
- $300
- Mortgage insurance
- $243
- HOA dues
- $458
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $22,715 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
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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