tomo logo

$388,000

Beds
Unknown
Baths
1.0
sq ft
482

620 S Gramercy Pl Unit 131, Los Angeles, CA 90005

620 S Gramercy Pl Unit 131

Los Angeles, CA 90005

  • 8 days on market
This well designed unit is a true retreat in the vibrant Mid-Wilshire/Koreatown area near Hancock Park in the most coveted building in the neighborhood. The thoughtful open floor plan produces great flow and the soaring high ceilings create a sense of spaciousness. The kitchen is equipped with all necessary appliances and leads to the outdoor patio providing plenty of natural air and light. This unit also has new paint throughout, hardwood laminate flooring and a sliding door to separate the bedroom and living area creating privacy. Community laundry is conveniently located right across the hall. Additionally, this building is meticulously maintained and features a fitness center with dry sauna, rooftop swimming pool and jacuzzi with sweeping views of DTLA and the Hollywood Hills, 24 hour security on site and plenty of guest parking. Work from home on the roof top deck and unwind in the well equipped gym. Enjoy the convenience of condo living in the heart of Koreatown with easy walking access to many nearby shops, restaurants and entertainment. The nearby D Line offers a quick train ride to Downtown LA, with a planned 2025 opening extension to Beverly Hills. Contact me today to schedule a tour!

Details

Property type

Condominium

Est. home value

$444,294

Lot size

1.1835 acres

Price per sq ft

$805

Year built

1990

Monthly HOA fee

$425

Price History

06/27/2024
CLAW

CLAW #24408531

Listed
$388,000
-7.4%
06/26/2024
CLAW

CLAW #24388527

Removed
$419,000
06/14/2024
CLAW

CLAW #24388527

Price change
$419,000
-3.01%

Schools & Community

Neighborhood: 

Mid Wilshire

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$129,207
Asking price
$388,000
Closing costs (~8% of asking)
-$31,040
Est. remaining loan balance
-$227,753
Cash to seller
$129,207

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

Seller’s Loan History

Lender

Company Lending Group Llc

Loan start date

December 2021

Original loan amount

$240,300

Est. remaining balance

$227,753

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Rachel Lee

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: 07/06/2024 at 2:00 AM

Listing updated: 07/05/2024 at 5:14 AM

Listed by: Jane Lee, Highland Premiere Real Estate Phone #: (844) 997-5292

MLS: CLAW #24408531

CLAW logo

Recently listed in Los Angeles