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620 South Gramercy Place

620 South Gramercy Place, Los Angeles, CA 90005
2 Units For Sale
Unit for sale at 620 S Gramercy Pl, Los Angeles, CA 90005

$575,000 ↓ $24K

  • 2 Beds
  • 2 Baths
  • 902 ft²
620 S Gramercy Pl #238, Los Angeles, CA 90005 Listing by Gregory Scott

Unit for sale at 620 S Gramercy Pl, Los Angeles, CA 90005

$470,000 ↓ $15K

  • Studio
  • 1 Bath
  • 602 ft²
620 S Gramercy Pl #431, Los Angeles, CA 90005 Listing by Hind Aineb

620 South Gramercy Place is a condo located in Wilshire Center - Koreatown, Los Angeles. The building was first built in 1926 and is 98 years old. In total, 620 South Gramercy Place has a total floor area of 43,400 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 68 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 83 days and tend to sell below the original asking price of $596,950 by 0.89%. Meaning, listings tend to sell at a median of $647 price per square foot. The transaction that took the longest to complete was unit 334, listed on Jul 10, 2020 for $475,000. This particular unit ultimately sold 340 days later for $459,000. The most recent transaction was for unit 423, sold for $340,000 on Jan 10, 2022. Fun fact, the oldest transaction we have on record took place on Apr 25, 2005. See the full transaction history for 620 South Gramercy Place below.

Wilshire Center - Koreatown, where 620 South Gramercy Place is located, has a median asking price of $745,975 for condo buildings. Meanwhile, the building itself has a median asking price of $596,950. For interested buyers, that means the building's median asking price is around 0.20% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $575,000. It is a 902 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $470,000. It is a 602 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, no one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $522,500. Collectively, the median square footage of these active units for sale is 752 sqft. Active units for sale at 620 South Gramercy Place have a median count of 1 bedrooms and have a median count of 1.5 bathrooms.

Building Features

Parking

Garage Parking
Gated Parking
Parking Available

Condition

New Construction

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

13 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231015 Unit 304
10/15/2023
304
2 Bed
2 Bath
902 ft²
$629,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
902 ft²
-
-
-
Cheong Lee
eXp Realty of California Inc
20230908 Unit 441
09/08/2023
441
2 Bed
2 Bath
1068 ft²
$659,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1068 ft²
-
-
-
Joanna Lee
EXP REALTY OF CALIFORNIA INC
20230326 Unit 201
03/26/2023
201
2 Bed
2 Bath
948 ft²
$649,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
948 ft²
-
-
-
Judy Jung Lee
Keller Williams Larchmont
20220803 Unit 329
08/03/2022
329
Studio
1 Bath
482 ft²
$410,000
bedrooms
Studio
bathrooms
1 Bath
square feet
482 ft²
-
-
-
GUSTAVO ENRIQUEZ
COLDWELL BANKER GEORGE REALTY
20220202 Unit 132
02/02/2022
132
2 Bed
2 Bath
935 ft²
$598,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
935 ft²
-
-
-
Xiao Zhang
Keller Williams Realty
20210717 Unit 325
07/17/2021
325
2 Bed
2 Bath
920 ft²
$595,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
920 ft²
$620,000 +4.04%
10/15/2021
Jonathan Minerick
Homecoin.com
20210611 Unit 102
06/11/2021
102
2 Bed
2 Bath
948 ft²
$643,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
948 ft²
-
-
-
Joseph Iuliucci
Keller Williams Realty
20210527 Unit 425
05/27/2021
425
2 Bed
2 Bath
920 ft²
$649,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
920 ft²
-
-
-
Linda Suk
Century 21 Award
20210226 Unit 121
02/26/2021
121
2 Bed
2 Bath
1038 ft²
$695,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1038 ft²
$599,000 -13.81%
09/29/2021
Yongho Rho
Max Mega Group
20200710 Unit 334
07/10/2020
334
1 Bed
1 Bath
670 ft²
$475,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
670 ft²
$459,000 -3.37%
06/15/2021
Jin Hong
20200716 Unit 338
07/16/2020
338
2 Bed
2 Bath
902 ft²
$598,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
902 ft²
$614,000 +2.68%
09/10/2020
EMILY YUAN
20200630 Unit 302
06/30/2020
302
2 Bed
2 Bath
948 ft²
$612,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
948 ft²
$608,000 -0.65%
07/30/2020
Juliet Shoham
20190808 Unit 339
08/08/2019
339
1 Bed
1 Bath
690 ft²
$445,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
690 ft²
$440,000 -1.12%
10/22/2019
Lindsay Katz

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 20
  • Bathroom Count: 53
  • Full Bathrooms: 53
  • Partial Bathrooms: 53
  • Construction Type: Masonry
  • Living Units: 53
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,510
  • Total Building Area: 43,400
  • Gross Building Area: 43,400
  • Building Area: 43,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 43,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTMINSTER PLACE
  • Land Acres: 0.241
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WESTMINSTER PLACE LOT/SEC 12 BLK/DIV/TWN G

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211704

Zoning

  • Zoning: LAR5

Geography

  • Assessors Map Reference: 43-D2
  • Parcel: 5503-032-009
  • Block: G
  • Lot: 12
  • Municipality: SOUTH/
  • Latitude: 34.0627
  • Longitude: -118.311

    Address

  • Full Address: 620 S St Andrews Pl
  • Address - House Number: 620
  • Street Direction: S
  • Address - Street Name: St Andrews
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C063
  • 4-Digit Zip Code: 3029
  • Zip Code: 90005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,789
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 3,010,131
  • High Value: 3,675,499
  • Low Value: 2,344,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,468,000
  • First Open Lien Mortgage Lender: BERKADIA COMMERCIAL MORTGAGE L
  • First Open Lien Mortgage Recording Date: Jan 11, 2013
  • First Open Lien Mortgage Loan Amount: $5,468,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,143,000
  • Assessed Land Value: $703,427
  • Assessed Improvements Value: $2,439,573

About Central LA



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Frequently Asked Questions

What neighborhood is 620 South Gramercy Place located in?
The 620 South Gramercy Place is a condo located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
How many listings are currently for sale in 620 South Gramercy Place?
620 South Gramercy Place has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 620 South Gramercy Place?
The average sales price for units in 620 South Gramercy Place is $596,950 , or $647/sqft. currently.

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