$539,000
OPEN SUN 2PM - 5PM

Estimated payment $3,974/month

Total Views 602
1 Bed
1 Bath
810 Sq Ft
$665 Price per Sq Ft

Highlights

  • Very Popular Property
  • In Ground Pool
  • Open Floorplan
  • Fitness Center
  • 1.18 Acre Lot
  • Contemporary Architecture

About This Home

Stylish Condo with Loft & Resort-Style Amenities in Prime Koreatown Location! Welcome to this bright and spacious 1-bedroom + loft, 1-bath condo ideally situated in Koreatown, right on the edge of prestigious Hancock Park. Located in a well-maintained 1990 building, residents enjoy desirable amenities including a welcoming lobby, on-site property manager, fully equipped fitness center with sauna, and a rooftop deck with sparkling pool and spa, perfect for relaxing or entertaining.The thoughtfully designed open floor plan features a generous living room with soaring ceilings, decorative fireplace, and a private balcony for enjoying fresh air. The dining area includes a large storage closet, while the beautifully updated kitchen boasts stainless steel appliances, granite countertops, and a convenient pass-through to the living area. Natural light fills every room, including the spacious bedroom and versatile loft, ideal as a second bedroom, home office, or creative space. A full bath, and linen closet add to the convenience. Situated on a quiet corner yet close to everything, you'll be minutes from fine dining, shopping, transportation and top destinations such as Wilshire Country Club, Larchmont Village, The Grove, and DTLA.

Listing Agent

Stacy Blair Young

Douglas Elliman of California, Inc. License #01190242 Listed on: 07/16/2025

Douglas Elliman of California, Inc.

Open House Schedule

  • Sunday, July 20, 2025
    2:00 to 5:00 pm
    7/20/2025 2:00:00 PM +00:00
    7/20/2025 5:00:00 PM +00:00

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1990 | Remodeled

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 810 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Vertical Blinds
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5504-028-183

Community Details

Overview

  • 164 Units
  • 6-Story Property

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,315

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Gramercy Place HOA
  • Entry Floor: 4
  • Living Area: 810
  • Lot Acreage: 1.1835
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 1990
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: 257

Interior Features

  • Interior Amenities: Common Walls, Turnkey, Recessed Lighting, High Ceilings (9 Feet+), Living Room Balcony, Open Floor Plan
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Laminate, Carpet, Mixed
  • Appliances: Free Standing Gas, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Shower Over Tub, Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Inclusions: Refrigerator, Stove
  • Price Per S Q F T: 665.43
  • Windows: Vertical Blinds, Window Blinds

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Subterr Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Card/Code Access
  • Sewer: In Street Paid
  • Water: Public

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Onsite Property Management, Spa, Sauna
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 545.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5504-028-183
  • Lot Size Area: 51555

Multi Family

  • Number Of Units: 164

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $5,315 $435,054 $264,037 $171,017
2023 $5,215 $426,524 $258,860 $167,664
2022 $4,973 $418,162 $253,785 $164,377
2021 $4,908 $409,963 $248,809 $161,154
2019 $4,760 $397,805 $241,430 $156,375
2018 $4,750 $390,006 $236,697 $153,309
2016 $4,541 $374,862 $227,506 $147,356
2015 $4,475 $369,232 $224,089 $145,143
2014 $2,581 $204,925 $61,477 $143,448
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $539,000 +48.9% $665 / Sq Ft
05/05/2014 05/05/14 Sold $362,000 -1.8% $447 / Sq Ft
02/04/2014 02/04/14 Price Changed $368,500 -3.0% $455 / Sq Ft
01/02/2014 01/02/14 For Sale $380,000 -- $469 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed -- First American Title
Grant Deed -- First American Title
Grant Deed $362,000 Wfg Title Company Of Ca
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Ticor Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $410,000 Stewart Title Company
Grant Deed $325,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Previous Owner $170,000 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $328,000 Credit Line Revolving
Previous Owner $260,000 New Conventional
Closed $32,500 No Value Available
Source: Public Records

About the Listing Agent

Stacy Blair Young

Douglas Elliman of California, Inc.

(877) 658-3374

Section Image

What keeps clients coming back to Stacy Blair Young? Her unique ability to listen to her clients and turn their real estate goals and dreams into reality is the connection that keeps her representing them throughout every stage of their life. Stacy has been recognized as an outstanding Realtor since 1998 having achieved numerous accolades and has obtained myriad Realtor designations to better serve her clients including an alphabet soup of certifications: ABR (Accredited Buyer Representative),

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Source: The MLS

MLS Number: 25565337

The MLS

APN: 5504-028-183