NOT LISTED FOR SALE

Hancock Park Place Apartments 620 S Gramercy Place Unit 233 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $429,000 - $501,000

1 Bed
1 Bath
670 Sq Ft
$392/mo HOA Fee

Last Sold April 22, 2022

Last sale price $501,000 $748 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,059/month

10 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 1.18 Acre Lot
  • 24-Hour Security
  • City View
  • Living Room

About This Home

As of April 2022

One of the most sought after Condominium Complex adjacent to Hancock Park. Minutes away from Larchmont Village, to West LA, to DTLA, Hollywood, you name it. Resort like Complex with a beautiful rooftop deck that has a heated swimming pool, hot-tub, brand new furniture, and so much more. Amenities included in the HOA dues also include, 24hr security guard, on-site manager, on-site building engineer, janitorial crew, fitness center, guest parking, and so much more! One of the best, well maintained condominium in LA with unbelievably low HOA dues.

Last Agent to Sell the Property

John Kim

Keller Williams Larchmont License #01828906 Listed on: 03/15/2022

Keller Williams Larchmont

Last Buyer's Agent

Sukyoung Lee

Redpoint Realty License #01891854

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1990

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $392 Monthly HOA Fees

Parking

  • Automatic Gate

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 670 Sq Ft Home
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Carpet
  • Alarm System

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Heated Above Ground Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-028-095

Community Details

Overview

  • 164 Units

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,073

Year Built

Built in 1990

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Gramercy Place HOA
  • Entry Floor: 2
  • Living Area: 670
  • Lot Acreage: 1.1832
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative, Gas
  • Flooring: Carpet
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Microwave
  • Price Per S Q F T: 753.73

Exterior Features

  • Direction Faces: East
  • Pool Description: Association Pool, Above Ground, Heated
  • Pool: Yes
  • Spa: Association Spa, Above Ground, Heated
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Community, Fire and Smoke Detection System, Fire Sprinklers, Gated, Guarded, Prewired for alarm system, Resident Manager, T.V.

Association/Amenities

  • Amenities: Assoc Pet Rules, Fitness Center
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 391.60
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5504-028-095
  • Lot Size Area: 51539

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Lease Option: 1

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2019
Sold by
Alexander Lorraine S
Bought by
Lorraine S Alexander Trust
Current Estimated Value
$470,390

Purchase Details

Closed on
Oct 14, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Alexander Lorraine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lorraine S Alexander Trust -- None Available
Alexander Lorraine S $365,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Lorraine S $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $501,000 -0.8% $748 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $505,000 -- $754 / 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 $2,073 $168,965 $35,572 $133,393
2024 $2,073 $165,653 $34,875 $130,778
2023 $2,037 $162,406 $34,192 $128,214
2022 $5,568 $470,020 $386,322 $83,698
2021 $5,497 $460,805 $378,748 $82,057
2020 $5,554 $456,081 $374,865 $81,216
2019 $5,331 $447,139 $367,515 $79,624
2018 $4,933 $406,000 $336,000 $70,000
2016 $3,452 $284,000 $235,000 $49,000
2015 $3,453 $284,000 $235,000 $49,000
2014 $3,125 $250,000 $207,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • John Kim

    Seller's Agent in 2022

    John Kim

    Keller Williams Larchmont

    (213) 700-7598

    10 in this area

    24 Total Sales

    John Kim
    Section Image
  • Sukyoung Lee

    Buyer's Agent in 2022

    Sukyoung Lee

    Redpoint Realty

    (213) 265-6694

    39 in this area

    102 Total Sales

    Sukyoung Lee
    Section Image
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About Hancock Park Place Apartments

Map

Source: The MLS

MLS Number: 22-136707

The MLS

APN: 5504-028-095

California Los Angeles County Los Angeles 90005 Koreatown

620 S Gramercy Place Unit 233, Los Angeles, CA

This home is located at 620 S Gramercy Place Unit 233, Los Angeles, CA 90005 since 15 March 2022 and is currently estimated at $470,390, approximately $702 per square foot. This property was built in 1990. 620 S Gramercy Place Unit 233 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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