620 S Gramercy Place 432
Los Angeles, CA, 90005
$670,000
MLS: 26990851
Beds
2
Baths
2
Sq Ft
1,055
Lot
1.18 ac
Year Built
1990
MLS #
26990851
Days on Market
4
Listed
Sep 21, 2026
Description
Welcome home to this stunning, top-floor penthouse unit in the highly sought-after Gramercy Place condominium complex. Spanning an impressive 1,055 square feet of contemporary living space, this unique 2-bedroom, 1-bathroom residence seamlessly combines urban convenience with resort-style luxury. Step inside to discover a bright and airy open layout featuring soaring vaulted ceilings and a cozy living room fireplace perfect for relaxing. Slide open the glass doors to step onto your private balcony, an ideal spot for enjoying your morning coffee or evening city views. The standout feature of this rare floor plan is the versatile upper-level loft space perfect for a home office, creative studio, or additional media room. The home is complete with a thoughtful split-bedroom floor plan for ultimate privacy, central heating and air conditioning. This unit also includes two secure, designated tandem parking spaces in a controlled-access garage, a massive premium for the neighborhood.Living at Gramercy Place means enjoying premier, resort-like amenities. Residents can unwind by the sparkling rooftop pool and jacuzzi while taking in sweeping panoramic views of the Downtown LA skyline and the Hollywood Hills from the expansive rooftop deck. You can also stay active in the well-equipped fitness center, relax in the building's dry saunas, and enjoy total peace of mind with 24-hour on-site security, controlled access, and modern EV charging stations.Perfectly situated just off Wilshire Boulevard, you are right in the middle of all the action. Walk to world-class dining, eclectic coffee shops, markets, the historic Wiltern Theatre, and the Metro Red Line for effortless commuting across Los Angeles. Don't miss the chance to own or lease this turnkey penthouse gem in one of LA's most vibrant neighborhoods!
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Cheong Lee · Keller Williams Luxury
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
$5,731
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $67,000 · Loan: $603,000
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,024
- Property tax (1.25%)
- $698
- Homeowners insurance
- $300
- Mortgage insurance
- $251
- 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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
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 $23,450 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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