620 S Gramercy Place 320
Los Angeles, CA, 90005
$589,000
Original list price: $615,000
MLS: 26659153
Beds
2
Baths
2
Sq Ft
1,038
Lot
1.18 ac
Year Built
1990
MLS #
26659153
Days on Market
152
Listed
Mar 4, 2026
Description
Price Reduction! Now $589,000, the lowest price per square foot among 2-bedroom residences currently available at Gramercy Place in Hancock Park, and one ofthe largest floor plans in the building. This west-facing 2-bedroom, 2-bathroom condo spans 1,038 square feet and fills with warm afternoon light. The living room features afireplace, recessed lighting throughout, and a large sliding glass door opening to a private balcony with views of the hills to the north and city lights to the south. Freshlypainted, with new carpeting installed February 2026.The split floor plan separates the two bedrooms, each with its own full bathroom. The primary suite includes a walk-incloset, with a second walk-in closet off the entry and built-in cabinetry outside both bedrooms for added storage. The kitchen includes stainless steel appliances, granitecountertops, a gas range, a breakfast bar, and a dining area with chandelier. HOA dues include a 24/7 security guard, fitness center with two saunas, laundry on every floor, and a rooftop pool, spa, and sundeck.The rooftop also features covered seating and an outdoor dining area with sweeping city views. Two tandem parking spaces are included in the secured garage, plus guest parking for visitors. Located in Hancock Park just north of Wilshire Boulevard, near the Wilshire/Western Metro station, close to H Mart, Larchmont Village, and Downtown Los Angeles. Hancock Park, Los Angeles, CA. Matterport 3D tour available.
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Damian DiCesare · Douglas Elliman
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,999
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $58,900 · Loan: $530,100
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,407
- Property tax (1.25%)
- $614
- Homeowners insurance
- $300
- Mortgage insurance
- $221
- 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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 $20,615 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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