620 S Gramercy Place 320
Los Angeles, CA, 90005
$615,000
MLS: 26659153
Beds
2
Baths
2
Sq Ft
1,038
Lot
1.18 ac
Year Built
1990
MLS #
26659153
Days on Market
23
Listed
Mar 4, 2026
Description
Lowest Priced 2-bedroom in Gramercy Place and also one of the larger layouts in the building. West-Facing exposure brings in gorgeous afternoon sunlight, filling the living spaces with warm natural light. The spacious living room features a fireplace and opens to a private west-facing balcony through a large sliding glass door, with views of the hills to the north and city lights to the south. Recessed lighting throughout enhances the bright, open feel of the home. Freshly painted with new carpeting installed in February 2026, the unit is beautifully presented and ready for its next owner. The split floor plan provides excellent separation between the bedrooms, each with its own full bathroom ideal for guests, roommates, or a home office while maintaining privacy. The primary suite includes a walk-in closet, and an additional walk-in closet off the entry offers valuable extra storage. Built-in cabinetry outside the primary suite and second bedroom provides even more storage rarely found in comparable units. The dining area features a striking chandelier and opens to the kitchen, which includes stainless steel appliances, granite countertops, a gas range, generous counter space, a breakfast bar, and ample cabinetry. Gramercy Place is a well-maintained building offering a full set of amenities. Residents are greeted by a generous lobby with seating areas and access to the mail room and elevators. Each floor has its own laundry room, and the building is staffed with a 24/7 security guard. The fully outfitted fitness center includes a wide range of equipment, two saunas, and a shower. The rooftop amenities are a standout feature, with a pool, spa, expansive sundeck with lounge chairs, covered seating area, outdoor dining table, bathroom, and sweeping city views.Two tandem parking spaces are included in the secured garage, along with guest parking for visitors.Located just north of Wilshire Boulevard in Hancock Park near the Wilshire/Western station, with convenient access to H Mart, restaurants, cafes, and everyday services. Close to Larchmont Village, Downtown Los Angeles, and the Westside. Please check out the Matterport Tour!
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Damian DiCesare · Douglas Elliman
Payment estimate
$4,572
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $61,500 · Loan: $553,500
- Principal & Interest
- $3,401
- Property tax (1.25%)
- $641
- Homeowners insurance
- $300
- Mortgage insurance
- $231
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 $21,525 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.
$555,000
2864 Sunset Place 205
Los Angeles, 90005
$570,000
631 S Kenmore Avenue 106
Los Angeles, 90005
$590,000
631 S Kenmore 406
Los Angeles, 90005
$599,000
625 S Berendo Street 209
Los Angeles, 90005
$609,000
815 S Harvard 302
Los Angeles, 90005
$619,000
620 S Gramercy Place 105
Los Angeles, 90005
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.