Historic Urban Living in Koreatown
Welcome to 407 S Gramercy Place, a charming and well-located apartment community in the heart of Los Angeles' vibrant Koreatown. Built in 1928 during a wave of development that helped shape the city's Wilshire/Koreatown area, The structure reflects the era's French Normandy / vintage residential design aesthetic, giving the building an elegant, storied presence while remaining part of a thriving, evolving urban neighborhood. This classic building blends timeless architectural character with modern upgrades and offers a unique residential experience just minutes from cultural, dining, and entertainment hotspots. Inside, the apartments have been freshly updated to blend vintage charm with modern living from laminate floors and renovated kitchens with granite countertops to touches that honor the building's heritage. Units range from studios to one- and two-bedrooms, featuring spacious closets, modern appliances, shared laundry, elevator access, and a pet-friendly environment. The building's location gives residents excellent walkability and transit access, including nearby Metro stations and easy freeway access, making daily commuting simple.
Living here means being immersed in one of LA's most dynamic and culturally rich neighborhoods. Just steps or short rides away you'll find:
The Wiltern Iconic music and performance venue with concerts and events year-round.
Koreatown's countless BBQ spots, bakeries, and dessert cafes make every meal an adventure (the neighborhood is known city-wide for its food scene).
Koreatown Plaza and Koreatown Galleria Popular shopping and community hubs with shops and eateries.
Seoul International Park and Korean Pavilion Great spots for outdoor relaxation and cultural events.
Koreatown is a foodie's paradise, cultural mosaic, and transit-friendly urban center, placing everything from museums and parks to world-class nightlife at your doorstep
Gramercy Lofts
407 S Gramercy Pl, Los Angeles, CA 90020
Verified
Apartment building
Studio-1 bed
Pet-friendly
Attached garage
Shared laundry
Available units
Price may not include required fees and charges.
Unit 406 Studio, 1 ba | 500 | Now | $1,725 |
Unit 201 1 bd, 1 ba | 950 | Now | $2,125 |
What's special
Modern upgradesElevator accessElegant storied presenceLaminate floorsModern appliancesTimeless architectural characterShared laundrySpacious closets
Facts, features & policies
Building Amenities
Other
- Laundry: Shared
Services & facilities
- Elevator
View description
- City
Unit Features
Appliances
- Oven
- Range
- Refrigerator
Cooling
- Ceiling Fan
Flooring
- Hardwood
Policies
Parking
- Attached Garage
Lease terms
- One year
Utilities included in rent
- Electricity
- Gas
Neighborhood: Koreatown
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
 / 100
Walker's ParadiseTransit Score®
 / 100
Excellent TransitBike Score®
 / 100
BikeableNearby schools in Los Angeles
Third Street Elementary School
Grades K-5 • 1.3 miles10/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
10/10John Burroughs Middle School
Grades 6-8 • 1.4 miles7/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
6/10Fairfax Senior High School
Grades 9-12 • 2.9 miles5/10
GreatSchools® Rating
Test Score Rating
6/10College Readiness Rating
4/10Living in Los Angeles
Koreatown and Mid Wilshire sit in central Los Angeles, where a mild, generally dry climate makes neighborhood walks appealing much of the year. Koreatown is known for its dense streets, Korean restaurants, cafés, karaoke, and late-night dining, while Mid Wilshire offers cultural landmarks including the Los Angeles County Museum of Art and the La Brea Tar Pits. The area’s urban mix includes local shops, larger retail corridors, galleries, and lively nightlife. Wilshire Boulevard and nearby Metro stations connect the neighborhoods to destinations across the city, with buses adding another option for getting around. Pocket parks and landscaped public spaces offer places to pause, and sidewalks make many everyday errands possible on foot. For ZIP code 90020, the median rent is $1,860 per month, with a typical range of $989 to $55,000.
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Frequently asked questions
Where is Gramercy Lofts located, and what is the neighborhood like?
Gramercy Lofts is located at 407 S Gramercy Pl in Koreatown, Los Angeles, CA. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Sul & Beans, Ubatuba Acai - Koreatown, and Document Coffee Bar.
What is the average rent in Los Angeles, CA?
Based on the latest Zillow data, the median rent across all unit types in the Koreatown neighborhood of Los Angeles is currently $1,895 per month. Prices vary by neighborhood, floor plan, and building amenities.
What schools are assigned to Gramercy Lofts?
The schools assigned to Gramercy Lofts include Third Street Elementary School, John Burroughs Middle School, and Fairfax Senior High School.
What are the grocery stores and everyday shopping options near Gramercy Lofts?
Gramercy Lofts is located near 7 grocery stores, including California Market (0.3 miles) and H Mart (0.4 miles). Additional shopping options, including Daiso Japan, are approximately 0.3 miles away.
What is the minimum and maximum rent for Gramercy Lofts?
The total price for an apartment unit in Gramercy Lofts ranges from $1,725 to $2,125. The total price will vary by floor plan, unit size, and unit amenities.
