620 S Gramercy Place 130
Los Angeles, CA, 90005
$373,000
MLS: OC26032342
Beds
1
Baths
1
Sq Ft
482
Lot
1.18 ac
Year Built
1990
MLS #
OC26032342
Days on Market
64
Listed
Feb 13, 2026
Description
One of the LOWEST PRICED Studios Located in vibrant Mid-Wilshire/Koreatown near Hancock Park. Thoughtfully designed with an open layout, this inviting space features a functional kitchen and a bright living and sleeping area that can easily be customized to fit your lifestyle. Enjoy resort-style living with access to a rooftop pool and jacuzzi, perfect for unwinding after a long day, along with a fitness center just steps from your door. The HOA includes water and trash, adding extra ease to everyday living. Ideal for first-time buyers, investors, or anyone seeking a low-maintenance home in a prime central Los Angeles location, this condo places you just moments from popular dining, shopping, and vibrant nightlife.
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Joshua Wilson · Real Broker
Payment estimate
$2,891
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $37,300 · Loan: $335,700
- Principal & Interest
- $2,063
- Property tax (1.25%)
- $389
- Homeowners insurance
- $300
- Mortgage insurance
- $140
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 $13,055 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.
Similar Homes Nearby
Active and pending listings in ZIP 90005 (Los Angeles) within ±10% of this home's price and size.
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.