NOT LISTED FOR SALE

Hancock Park Place Apartments 620 S Gramercy Place Unit 238 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $545,000 - $612,000

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

Last Sold April 22, 2024

Last sale price $560,000 $621 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,245/month

144 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 1.18 Acre Lot
  • 24-Hour Security
  • Gated Parking
  • Contemporary Architecture

About This Home

As of April 2024

MAJOR PRICE CORRECTION! Back on market through no fault of the property. Prime Koreatown location. This updated 2 bed 2 bath home boasts new carpets, paint and stainless steel refrigerator. Unit includes a balcony and 2 parking spaces. Ready to move-in. Desirable building amenities include rooftop pool, spa and ground floor gym.

Last Agent to Sell the Property

Gregory Scott

Compass License #01254539 Listed on: 11/07/2023

Compass

Last Buyer's Agent

Taron Valentin

Realty One Group West License #01768459

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 1990

Lot Details

  • 1.18

HOA Fees

  • $438 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 902 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Electric Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-028-100

Community Details

Overview

  • 164 Units

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,439

Year Built

Built in 1990

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Gramercy Place
  • Entry Floor: 2
  • Living Area: 902
  • Lot Acreage: 1.1835
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Electric
  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Refrigerator
  • Price Per S Q F T: 637.47

Exterior Features

  • Construction: Stucco
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: No

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access, Gated

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Barbecue, Controlled Access, Elevator, Exercise Room, Gated Parking, Sun Deck, Spa, Sauna, Security, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

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

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5504-028-100
  • Lot Size Area: 51555

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Apr 15, 2024
Sold by
Hong Anne Jia-Yu
Bought by
Pasillas-Carrera Sandra
Seller's Agent
Gregory Scott
Compass
Buyer's Agent
Taron Valentin
Realty One Group West
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Views
152
Current Estimated Value
$584,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,899
Avg. Annual Appreciation
3.27%
Original Mortgage
$504,000
Outstanding Balance
$497,544
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$87,355

Purchase Details

Closed on
Nov 9, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Hong Anne Jia Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.14%
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
Pasillas-Carrera Sandra $560,000 Consumers Title Company
Hong Anne Jia Yu $456,500 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasillas-Carrera Sandra $504,000
Previous Owner Hong Anne Jia Yu $195,000
Previous Owner Hong Anne Jia Yu $209,000
Previous Owner Hong Anne Jia Yu $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $560,000 -2.6% $621 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $575,000 0.0% $637 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $575,000 -4.0% $637 / Sq Ft
01/10/2024 01/10/24 Price Changed $599,000 -4.6% $664 / Sq Ft
12/06/2023 12/06/23 Price Changed $628,000 -3.4% $696 / Sq Ft
11/07/2023 11/07/23 For Sale $650,000 0.0% $721 / Sq Ft
08/27/2022 08/27/22 Rented $2,500 0.0% --
08/13/2022 08/13/22 Under Contract -- -- --
08/12/2022 08/12/22 Off Market $2,500 -- --
07/15/2022 07/15/22 For Rent $2,500 +8.7% --
12/15/2020 12/15/20 Rented $2,300 -2.1% --
11/30/2020 11/30/20 Under Contract -- -- --
11/09/2020 11/09/20 Price Changed $2,350 -6.0% $3 / Sq Ft
09/30/2020 09/30/20 For Rent $2,500 -- --
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 $7,439 $571,200 $340,578 $230,622
2024 $7,439 $611,594 $477,627 $133,967
2023 $7,297 $599,603 $468,262 $131,341
2022 $6,956 $587,847 $459,081 $128,766
2021 $6,868 $576,322 $450,080 $126,242
2019 $6,646 $558,000 $433,000 $125,000
2018 $5,580 $459,000 $356,000 $103,000
2016 $5,393 $446,000 $346,000 $100,000
2015 $5,096 $421,000 $327,000 $94,000
2014 $4,377 $359,000 $279,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Gregory Scott

    Seller's Agent in 2024

    Gregory Scott

    Compass

    (310) 890-6860

    1 in this area

    18 Total Sales

    Gregory Scott
    Section Image

  • T

    Buyer's Agent in 2024

    Taron Valentin

    Realty One Group West

  • John Kim

    Buyer's Agent in 2022

    John Kim

    Keller Williams Larchmont

    (213) 700-7598

    10 in this area

    25 Total Sales

    John Kim
    Section Image
  • Wolsoon Han

    Buyer's Agent in 2020

    Wolsoon Han

    Sky Commercial Realty

    (213) 344-8282

    10 in this area

    24 Total Sales

    Wolsoon Han
    Section Image
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About Hancock Park Place Apartments

Map

Source: The MLS

MLS Number: 23-329560

The MLS

APN: 5504-028-100

California Los Angeles County Los Angeles 90005 Koreatown

620 S Gramercy Place Unit 238, Los Angeles, CA

This home is located at 620 S Gramercy Place Unit 238, Los Angeles, CA 90005 since 07 November 2023 and is currently estimated at $584,899, approximately $648 per square foot. This property was built in 1990. 620 S Gramercy Place Unit 238 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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