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114 Gramercy Place offers a strong overall value with an 8.1 Zumper Expert Rating, supported by competitive pricing, solid amenities, and a highly convenient location. It also stands out for its large closets, balcony, modern living, contemporary finishes, elevators, and spacious layouts, while being especially appealing for work-from-home needs thanks to high-speed internet, natural light, included utilities, and nearby office supply stores.
Things you’ll love
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Work-from-home| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $1,629 /mo | 1 unit available | Tucked away on a quiet street in the heart of Larchmont, South Gramercy Place offers a welcoming home base in one of LA's most dynamic and walkable neighborhoods. This clean, well-cared-for building features thoughtfully updated units designed for comfort and convenience — whether you're starting fresh or settling in for the long term. Step into your newly renovated third-floor studio retreat at the back of the building, flooded with natural light and featuring ample closet and storage space. No detail was overlooked — new fixtures, lighting, hardware, painted cabinetry, wood laminate flooring, and AC throughout. Unit also includes refrigerator and stove. The building features secured entry, security cameras throughout, onsite laundry, a pool, and elevators — everything you need right at home. Live within walking distance of local cafes, markets, and public transit while still enjoying the calm of a residential block. At South Gramercy Place, you're perfectly positioned to enjoy everything Larchmont and central LA have to offer. Act fast — sign a 13-month lease within two weeks of your showing and receive one month free rent! Garage parking available for $65/month. All house utilities are sub-metered and billed directly to tenants (electric, gas, water, sewer & garbage), with tenant responsible for internet and cable. Monthly fees of $2.83 (SCEP) and $1.61 (RSO) are charged with rent as part of the Rent Stabilization Program. Schedule your showing today — this one won't last! | |
| 1BR/1.0BA | 1 bed | 1 bath | 750 sqft | $2,118 /mo | 1 unit available | Welcome to this lovely 1-bedroom apartment with a private balcony nestled in one of LA's most walkable and beloved neighborhoods — Larchmont Village! Whether you're strolling to boutique shops, top-rated restaurants, or the iconic Larchmont Farmers Market, everything you need is right outside your door. The unit features stove, refrigerator, and in-unit AC, making for a comfortable and functional living space. Step outside onto your private balcony and take in the relaxing poolside views below. Community amenities include a sparkling pool, onsite laundry, and secured building access — all in an owner-managed and maintained property with a great group of residents. Parking is available for $65/month. All house utilities are sub-metered and billed directly to tenants (electric, gas, water, sewer & garbage), with tenant responsible for internet and cable. Monthly fees of $2.83 (SCEP) and $1.61 (RSO) are charged with rent as part of the Rent Stabilization Program. Act fast — sign a 13-month lease within two weeks of your showing and receive one month free rent! Schedule your showing today — this gem won't last long! | |
| 2BR/2.0BA | 2 bed | 2 bath | 925 sqft | $2,534 /mo | 1 unit available | Tucked away on a quiet street in the heart of Larchmont, South Gramercy Place offers a welcoming home base in one of LA's most dynamic and walkable neighborhoods. Welcome to your newly renovated first-floor home flooded with natural light and featuring ample closet and storage space throughout. No detail was overlooked — new fixtures, lighting, hardware, painted cabinetry, wood laminate flooring, and AC throughout. Unit also includes refrigerator and stove. The building features secured entry, security cameras throughout, onsite laundry, a pool, and elevators — everything you need right at home. Live within walking distance of local cafes, markets, and public transit while still enjoying the calm of a residential block. At South Gramercy Place, you're perfectly positioned to enjoy everything Larchmont and central LA have to offer. Act fast — sign a 13-month lease within two weeks of your showing and receive one month free rent! Garage parking available for $65/month. All house utilities are sub-metered and billed directly to tenants (electric, gas, water, sewer & garbage), with tenant responsible for internet and cable. Monthly fees of $2.83 (SCEP) and $1.61 (RSO) are charged with rent as part of the Rent Stabilization Program. Schedule your showing today — this one won't last! |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 33 |
|---|
Welcome to South Gramercy Place Apartments, where modern living meets easy living with California beach hotel vibes. Nestled in the heart of the beautiful Larchmont neighborhood and minutes from Hancock Park, this central and prime address offers the perfect blend of convenience and style. Discover thoughtfully designed apartments with contemporary finishes and spacious layouts tailored to elevate your lifestyle. Whether you're relaxing in your serene space or exploring the city's dynamic energy, 114 S Gramercy Place is your ideal home in the heart of it all. Experience the best of LA living—schedule your tour today! --Get your Third Month Free! Pricing includes 1 Month Free on a 13-month lease.--
How 114 Gramercy Place compares to other nearby properties.
Positives
Considerations
Studio apartments at 114 Gramercy Place cost about 5% more than the average rent price for studios in Greater Wilshire.
1-bedroom apartments here are priced 4% higher than 1-bedrooms in Greater Wilshire.
If you decide to upgrade your space, you can expect 2-bedrooms at 114 Gramercy Place to be 25% less than the average for similarly sized apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| August 2024 | $1,848 |
| September 2024 | $1,848 |
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,543 |
| September 2024 | $1,564 |
| October 2024 | $1,573 |
| November 2024 | $1,543 |
| December 2024 | $1,610 |
| January 2025 | $1,662 |
| February 2025 | $1,698 |
| March 2025 | $1,627 |
| April 2025 | $1,529 |
| May 2025 | $1,499 |
| June 2025 | $1,504 |
| July 2025 | $1,503 |
| August 2025 | $1,545 |
| September 2025 | $1,576 |
| October 2025 | $1,595 |
| November 2025 | $1,545 |
| December 2025 | $1,624 |
| January 2026 | $1,520 |
| February 2026 | $1,565 |
| March 2026 | $1,602 |
| April 2026 | $1,492 |
| May 2026 | $1,417 |
| June 2026 | $1,477 |
| July 2026 | $1,524 |
Can I afford to live at 114 S Gramercy Pl?
Bedrooms
Rent-to-income ratio
30%
$65,160/yr
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Greater Wilshire | Los Angeles, CA
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Marina del Rey • 4750 Lincoln Blvd
1–3 Beds
$2,607–$5,657
Mid-City West • 5700 W 6th St
1–2 Beds
$2,361–$4,420
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$2,099–$8,167
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,364–$5,176
Downtown Los Angeles • 1027 Wilshire Blvd
Studio–2 Beds
$2,199–$3,199
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,625–$4,089
Westchester-Playa Del Rey • 13141 Fountain Park Dr
1–2 Beds
$2,739–$3,769
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Marina del Rey • 4750 Lincoln Blvd
1–3 Beds
$2,607–$5,657
Mid-City West • 5700 W 6th St
1–2 Beds
$2,361–$4,420
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$2,099–$8,167
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,364–$5,176
Downtown Los Angeles • 1027 Wilshire Blvd
Studio–2 Beds
$2,199–$3,199
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,625–$4,089
Westchester-Playa Del Rey • 13141 Fountain Park Dr
1–2 Beds
$2,739–$3,769
