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$629,000

Beds
2
Baths
2.0
sq ft
935

620 S Gramercy Pl Unit 105, Los Angeles, CA 90005

620 S Gramercy Pl Unit 105

Los Angeles, CA 90005

  • <1 day on market
Excellent Korea Town Location! This upgraded 2-bedroom, 2-bathroom residence is situated in the heart of Korea Town. The modern home offers open floor plan filled with natural light, complemented by laminated hardwood floors throughout its 935 SF space. The balcony is lush with greenery, providing added privacy. The gourmet kitchen is tastefully designed with modern materials and fixtures, featuring granite countertops, a bar area, hardwood cabinets, matching appliances, a stainless steel 2-compartment sink. The layout includes separated bedrooms provide enhanced privacy. Turn key Move-in condition ready for the new owner. Surrounded by numerous amenities and restaurants in the neighborhood, the residence is conveniently located at Northwest corner of Wilshire Blvd & Western Ave., near Wilshire Country Club, Hancock Park, Larchmont village, DTLA, the Grove, Beverly Hills, and public transit. Walking distance to schools. Enjoy a convenient lifestyle while tucked away from high-traffic roads!

Details

Property type

Condominium

Est. home value

$633,582

Lot size

1.1835 acres

Price per sq ft

$673

Year built

1990

Monthly HOA fee

$458

Price History

01/31/2025
CLAW

CLAW #25488969

Listed
$629,000
+8.82%
01/27/2022
CLAW

CLAW #21799464

Sold
$578,000

Schools & Community

Neighborhood: 

Mid Wilshire

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$172,730
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$405,950
Cash to seller
$172,730

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mk Lending Corp

Loan start date

January 2022

Original loan amount

$433,500

Est. remaining balance

$405,950

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

John Yoo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/31/2025 at 2:05 PM

Listing updated: 01/31/2025 at 10:45 AM

Listed by: Audrey Jung, B & B Investment Properties Phone #: (213) 385-3600

MLS: CLAW #25488969

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