NOT LISTED FOR SALE

Hancock Park Place Apartments 620 S Gramercy Place Unit 201 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $600,000 - $752,000

2 Beds
2 Baths
948 Sq Ft
$438/mo HOA Fee

Last Sold May 25, 2023

Last sale price $649,000 $685 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,616/month

31 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • 24-Hour Security
  • Automatic Gate
  • City Lights View

About This Home

As of May 2023

Welcome to your new home! This gem of a find is a 2 bed 2 bath condo with a West side facing view which is away from the main busy streets. As you step inside, the high ceilings create a bright and airy feel, giving you plenty of room to relax and entertain. This condo layout has 2 spacious bedrooms that are separate from each other ensuring more privacy. Main bedroom has its own suite bathroom and a walk in closet. Full kitchen equipped with dishwasher, microwave, gas stove top with a full size oven. Unit includes two parking spaces. The building is meticulously maintained and features a fitness center, pool, jacuzzi and 24 hour security on site. Plus, the location can't be beat! Enjoy the convenience of condo living in the heart of Koreatown with easy access to many shops, restaurants and entertainment nearby. Don't miss out on the opportunity to make this beautiful condo your own or as an investment property. Rental rate for comparable units in this area ranges between $2,800 - $3,200 per month. Contact us today to schedule a tour!

Last Agent to Sell the Property

Judy Jung Lee

Keller Williams Larchmont License #02015973 Listed on: 03/26/2023

Keller Williams Larchmont

Last Buyer's Agent

AMY FONG

Pinnacle Real Estate Group License #02179077

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,046

Year Built

  • Built in 1990

Lot Details

  • 1.18

HOA Fees

  • $438 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 948 Sq Ft Home
  • 4-Story Property
  • Carpet

Kitchen

  • Gas Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5504-028-063

Community Details

Overview

  • 164 Units

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,046

Year Built

Built in 1990

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Gramercy Place HOA
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 948
  • Lot Acreage: 1.1832
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Appliances: Oven-Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Microwave, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 684.60

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Card/Code Access, Fire and Smoke Detection System

Association/Amenities

  • Amenities: Elevator, Fitness Center, Pool, Gated Community, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 438.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5504-028-063
  • Lot Size Area: 51539

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2023
Closed on
May 17, 2023
Sold by
Nam Emily Jieun
Bought by
Tukiainen Erica Simone
Seller's Agent
Judy Jung Lee
Keller Williams Larchmont
Buyer's Agent
AMY FONG
Pinnacle Real Estate Group
List Price
$649,000
Sold Price
$649,000
Views
129
Current Estimated Value
$640,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,457
Avg. Annual Appreciation
1.42%
Original Mortgage
$584,100
Outstanding Balance
$568,768
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$100,816

Purchase Details

Closed on
Apr 7, 2010
Sold by
Kim Ja Young
Bought by
Kim Myung Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Kim Myung H and Kim Myung Hwa
Bought by
Nam Emily Jieun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2010
Sold by
Kim Tina
Bought by
Kim Myung Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Kim Myung Hwa
Bought by
Kim Tina

Purchase Details

Closed on
Nov 7, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Kim Myung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,600
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 24, 2005
Sold by
Kim Ja Young
Bought by
Kim Myung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,600
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tukiainen Erica Simone $649,000 Ticor Title
Kim Myung Hwa -- Chicago Title Company
Nam Emily Jieun $290,000 Chicago Title Company
Kim Myung Hwa -- Accommodation
Kim Tina -- None Available
Kim Myung H $469,500 Stewart Title Of Ca Inc
Kim Myung H -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tukiainen Erica Simone $584,100
Previous Owner Nam Emily Jieun $110,000
Previous Owner Nam Emily Jieun $160,000
Previous Owner Kim Myung H $375,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $649,000 0.0% $685 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/26/2023 03/26/23 For Sale $649,000 -- $685 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,046 $675,219 $427,916 $247,303
2024 $8,046 $661,980 $419,526 $242,454
2023 $4,340 $359,787 $248,132 $111,655
2022 $4,138 $352,733 $243,267 $109,466
2021 $4,080 $345,818 $238,498 $107,320
2019 $3,955 $335,563 $231,425 $104,138
2018 $3,944 $328,985 $226,888 $102,097
2016 $3,765 $316,213 $218,079 $98,134
2015 $3,708 $311,464 $214,804 $96,660
2014 $3,726 $305,364 $210,597 $94,767
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Judy Jung Lee

    Keller Williams Larchmont

    (213) 505-2404

    3 in this area

    7 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    AMY FONG

    Pinnacle Real Estate Group

    Section Image
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About Hancock Park Place Apartments

Map

Source: The MLS

MLS Number: 23-254539

The MLS

APN: 5504-028-063

California Los Angeles County Los Angeles 90005 Koreatown

620 S Gramercy Place Unit 201, Los Angeles, CA

This home is located at 620 S Gramercy Place Unit 201, Los Angeles, CA 90005 since 26 March 2023 and is currently estimated at $669,584, approximately $706 per square foot. This property was built in 1990. 620 S Gramercy Place Unit 201 is a home located in Los Angeles County with nearby schools including Wilshire Park Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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