List Price: $589K

Listing Status: Active

Original List Price: $615K

Days on Market: 117

2 Bedrooms · 2 Bathrooms · 1,038 sq ft

Property Type: Residential

Year Built: 1990

Lot Size: 51,555 sq ft

Private Pool: Yes

HOA Fee: $458/Monthly

MLS Number: 26659153

About This Property

Price Reduction! Now at $589,000, the best value for a 2-bedroom at Gramercy Place and one of the largest layouts in the building, priced for buyers who move when the value is right. West-facing exposure fills the living spaces with warm afternoon light, one of the best locations in the building.The living room features a fireplace and opens through a large sliding glass door to a west-facing balcony, with views of the hills to the north and city lights to the south. Recessed lighting runs throughout. Freshly painted with new carpeting installed in February 2026, the unit is move-in ready.The split floor plan separates the two bedrooms, each with its own full bathroom, ideal for guests, roommates, or a home office while maintaining privacy. The primary suite includes a walk-in closet, and an additional walk-in closet off the entry adds storage. Built-in cabinetry outside the primary suite and second bedroom provides even more storage, rarely found in comparable units.The dining area features a chandelier and opens to the kitchen, which includes stainless steel appliances, granite countertops, a gas range, generous counter space, a breakfast bar, and ample cabinetry.Gramercy Place is a well-maintained building with a full set of amenities: a generous lobby with seating, mail room, elevators, a laundry room on every floor, and a 24/7 security guard. The fitness center includes a wide range of equipment, two saunas, and a shower. The rooftop is a standout, with a pool, spa, expansive sundeck with lounge chairs, covered seating, an outdoor dining table, a bathroom, and sweeping city views. Two tandem parking spaces are included in the secured garage, along with guest parking for visitors.Located just north of Wilshire Boulevard in Hancock Park, near the Wilshire/Western station, with convenient access to H Mart, restaurants, cafes, and everyday services. Close to Larchmont Village, Downtown Los Angeles, and the Westside. Hancock Park, Los Angeles, CA. Please check out the Matterport Tour!Private Remarks: Please remove shows or use booties when showing. Call or Text Damian 310-291-3636 for showing instructions. Email offers as one PDF to damian.dicesare@elliman.com including pre-approval and proof of funds. Please call or text Damian at 310-291-3636 to confirm receipt. Seller requests Portfolio Escrow (Salina Rodriguez) and Fidelity National Title (Loren Goldman). MyNHD to be used for NHD report. Broker and Broker's agents do not represent or guarantee the accuracy of square footage, lot size, bed/bath count, permitted or unpermitted space, school information, or condition of the property. Buyer to independently verify all information through personal inspections and appropriate professionals to their satisfaction. Living Room Furnished photo is digitally rendered. Fireplace is decorative.