620 S Gramercy Place 222
Los Angeles, CA, 90005
(No pictures available yet)
$599,990
MLS: 26807203
Beds
2
Baths
2
Sq Ft
979
Lot
1.18 ac
Year Built
1990
MLS #
26807203
Days on Market
8
Listed
Apr 27, 2026
Description
Welcome to Gramercy Place, a well-maintained condominium community in the heart of Koreatown. This 2-bedroom, 2-bath residence offers a functional floor plan with comfortable living and dining areas, well-proportioned bedrooms, and excellent potential for both owner-users and investors. Enjoy the convenience of city living with access to desirable community amenities including a rooftop pool and spa, fitness center, sauna, secured access, on-site security, and guest parking. Centrally located near Wilshire Blvd, dining, shopping, markets, cafes, and public transportation, this home offers exceptional accessibility in one of Los Angeles' most vibrant neighborhoods. The home features a practical and inviting layout with spacious living areas, comfortable bedrooms, and a desirable split-bedroom style feel ideal for privacy, roommates, or a home office setup. Must see to appreciate!
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: John Kim · Keller Williams Larchmont
Payment estimate
$4,567
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,999 · Loan: $539,991
- Principal & Interest
- $3,417
- Property tax (1.25%)
- $625
- Homeowners insurance
- $300
- Mortgage insurance
- $225
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $21,000 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
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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