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114 Gramercy Place delivers strong overall value, with an 8.1 expert rating and especially high scores for price and location, reflecting a competitive rent and convenient access to key destinations. Renters can expect modern living with contemporary finishes, spacious layouts, large closets, balconies, and elevator access, supported by an 8/10 amenities rating. Detailed, transparent listing information, including 13 photos and a strong value-per-square-foot percentile, further enhances confidence in the property and its management.
Things you’ll love
More spaceGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $1,657 /mo | 1 unit available | POTENTIAL RENT CREDIT: An optional keyholder arrangement is available for the resident of this unit which includes a monthly rent credit. This role is voluntary and subject to a separate agreement. Please ask the leasing agent for details! 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 neighborhoods. This clean, well-cared-for building features a range of thoughtfully updated units designed for comfort and convenience—whether you're starting fresh or settling in for the long term. Step in to your newly renovated home! Ample light with large closets in this third-floor unit in the back of the building. New everything - fixtures, lighting, hardware, painted cabinetry, ample closet/storage space, wood laminate flooring, and AC. Unit also includes refrigerator and stove. Garage parking $65/month. Building features secured entry and security cameras throughout, laundry on site, pool, elevators, garage parking, and concrete flooring entry. Tenant pays for all utilities including house electric and gas. 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. | |
| 2BR/2.0BA | 2 bed | 2 bath | 925 sqft | $2,580 /mo | 1 unit available | Step in to your newly renovated home! Ample light with large closets in this 1st floor unit. New everything - fixtures, lighting, hardware, painted cabinetry, ample closet/storage space, wood laminate flooring, and AC. Unit also includes refrigerator and stove. Garage parking $65/month. This unit has a balcony! Building features secured entry and security cameras throughout, laundry on site, pool, elevators, garage parking (when available), and concrete flooring entry. Tenant pays for all utilities including house electric and gas (for water) that are sub-metered and billed back to tenants. Schedule your appointment today! |
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 19% more than the average rent price for studios in Greater Wilshire.
If you decide to upgrade your space, you can expect 2-bedrooms at 114 Gramercy Place to be 19% less than the average for similarly sized apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| May 2024 | $1,750 |
| June 2024 | $1,778 |
| July 2024 | $1,816 |
| 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 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,563 |
| June 2024 | $1,542 |
| July 2024 | $1,528 |
| 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 | $1,422 |
Can I afford to live at 114 S Gramercy Pl?
Bedrooms
Rent-to-income ratio
30%
$66,280/yr
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Greater Wilshire | Los Angeles, CA
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,299–$4,706
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,213–$4,693
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$1,699–$7,898
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,541–$2,195
Mid-City West • 5700 W 6th St
1–2 Beds
$2,360–$3,584
Greater Wilshire • 4121 Wilshire Boulevard
Studio–2 Beds
$2,900–$5,800
Hollywood Studio District • 1558 Gordon St
1–2 Beds
$3,025
Greater Echo Park Elysian • 333 Belmont Ave
Studio–1 Bed
$2,095–$3,099
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,299–$4,706
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,213–$4,693
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$1,699–$7,898
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,541–$2,195
Mid-City West • 5700 W 6th St
1–2 Beds
$2,360–$3,584
Greater Wilshire • 4121 Wilshire Boulevard
Studio–2 Beds
$2,900–$5,800
Hollywood Studio District • 1558 Gordon St
1–2 Beds
$3,025
Greater Echo Park Elysian • 333 Belmont Ave
Studio–1 Bed
$2,095–$3,099
