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GRM - Gramercy Apartments features newly renovated apartments with modern appliances and updated bathrooms, enhancing the living experience. The Zumper Expert Rating reflects a strong value, while the property's pros include its appealing location and amenities. Ultimately, it's a compelling option for those seeking quality living spaces.
Things you’ll love
Laundry available on site| Studio | Studio | 1 bath | 400 sqft | $1,450 /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=tVMi7RGxHVC (unit 207 - similar to 208) -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=tVMi7RGxHVC (unit 207 - similar to 208) -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 12% less than the average rent price for studio apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| December 2023 | $1,750 |
| January 2024 | $1,785 |
| 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 | $1,729 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,495 |
| January 2024 | $1,496 |
| 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 | $1,655 |
Can I afford to live at 939 South Gramercy Place?
Bedrooms
StudioRent-to-income ratio
30%
$58,000/yr
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$1,680–$2,345
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$1,849
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$1,680–$1,794
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N/A
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$1,395–$1,445
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$1,500–$2,250
Greater Echo Park Elysian • 355 Glendale Boulevard
Studio
$1,809–$2,609
Congress West • 3450 West 43rd Street
Studio
$1,680–$2,345
Greater Echo Park Elysian • 333 Belmont Avenue
Studio
$1,849
East Hollywood • 1419 New Hampshire Avenue
Studio
$1,680–$1,794
South Robertson • 2956 South Robertson Boulevard
1 Bed
$1,825
Valley Village • 12244 Burbank Boulevard
Studio
N/A
MacArthur Park • 412 South Lake Street
Studio
$1,395–$1,445
Congress West • 4555 West Martin Luther King Jr Boulevard
1 Bed
$1,500–$2,250
