Highlights
- Newly renovated apartments
- New appliances
- Renovated bathrooms
Location
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Property management
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GRM - Gramercy Apartments presents an excellent opportunity for renters, highlighted by its overall Zumper expert rating of 8.3. With competitive pricing and impressive amenities rated at 9 out of 10, including newly renovated apartments and appliances, the property stands out for its quality and value. Additionally, its prime location provides convenient access to essential points of interest, complemented by a trustworthiness rating of 8, reflecting transparency in its offerings.
Things you’ll love
| Studio | Studio | 1 bath | 400 sqft | $1,495 /mo | 1 unit available | This building is a charming 1920's classic brick building with newly renovated apartments featuring granite, refinished original wood floors, new appliances, and renovated bathrooms! Located three miles west of Downtown LA, ten minutes south of Hollywood, and five minutes east of Miracle Mile Gramercy Place is a great place to live, work and shop, with connections to Metro Purple Line & Red Line subways, Metro Rapid Bus and local shuttles. The Wilshire/ Western Station is within walking distance from your front door. Ralphs, Wells Fargo, Jamba Juice, CVS, Chase, Cinema Makeup School all within blocks to Gramercy Place. USC, Southwestern Law School, California Design College, and other Language Schools within close proximity. Wilshire Center (sometimes referred to as Mid-Wilshire, the Wilshire District, Koreatown and K-Town) is a true urban community. Pets will be subject to a $25/month, per pet fee, with a maximum of 2 pets per unit. For those approved applicants with ESAs or service animals related to an accommodation due to disability, no pet rent will be charged. Pictures in this ad are a representation and may not reflect the actual apartment that is currently available. CHECK OUT OUR 3D VIRTUAL TOURS HERE: https my matterport com show ?m=YVs3w6TSMq7 (unit 105) -Listed security deposit is on approved credit . -6 or 12 month lease - Six month lease available with $100 monthly surcharge . The rent, deposit, concession and terms listed in this ad are only valid for the actual date that this ad was initially posted. |
Let's explore this property.
Apartment Amenities
| All Utilities Included |
Appliances
| Range | Stove |
Building
| Onsite Laundry |
One-time.
One-time. Refundable.
| Units | 39 |
|---|
This building is a charming 1920's classic brick building with newly renovated apartments featuring granite, refinished original wood floors, new appliances, and renovated bathrooms! Located three miles west of Downtown LA, ten minutes south of Hollywood, and five minutes east of Miracle Mile Gramercy Place is a great place to live, work and shop, with connections to Metro Purple Line & Red Line subways, Metro Rapid Bus and local shuttles. The Wilshire/ Western Station is within walking distance from your front door. Ralphs, Wells Fargo, Jamba Juice, CVS, Chase, Cinema Makeup School all within blocks to Gramercy Place. USC, Southwestern Law School, California Design College, and other Language Schools within close proximity. Wilshire Center (sometimes referred to as Mid-Wilshire, the Wilshire District, Koreatown and K-Town) is a true urban community. Pets will be subject to a $25/month, per pet fee, with a maximum of 2 pets per unit. For those approved applicants with ESAs or service animals related to an accommodation due to disability, no pet rent will be charged. Pictures in this ad are a representation and may not reflect the actual apartment that is currently available. CHECK OUT OUR 3D VIRTUAL TOURS HERE: https my matterport com show ?m=YVs3w6TSMq7 (unit 105) -Listed security deposit is on approved credit . -6 or 12 month lease - Six month lease available with $100 monthly surcharge . The rent, deposit, concession and terms listed in this ad are only valid for the actual date that this ad was initially posted.
How GRM - Gramercy Apartments compares to other nearby properties.
Positives
Considerations
studio apartments at GRM - Gramercy Apartments cost about 4% less than the average rent price for studio apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| February 2024 | $1,695 |
| March 2024 | $1,712 |
| April 2024 | $1,718 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,495 |
| March 2024 | $1,504 |
| April 2024 | $1,495 |
| May 2024 | $1,554 |
| 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 |
Can I afford to live at 939 S Gramercy Pl?
Bedrooms
StudioRent-to-income ratio
30%
$59,800/yr
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