5 Hours Ago
Highlights
Pet Friendly
Location
974 S Gramercy Pl, Los Angeles, CA 90019, USA|Greater Wilshire
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Property Overview
Newly Renovated Apartments receives an impressive Zumper expert rating of 8.9, with standout scores of 9 in price, amenities, location, and quality, indicating an excellent balance of value for renters. The property is noted for its pet-friendly environment, with numerous nearby pet services, and features convenient wi-fi availability, enhancing everyday living for residents. Additionally, it demonstrates transparency and reliability with a trustworthiness rating of 8, assuring potential renters of its quality.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
- Elevator
Great for
Pet owners
Floor plans
| Studio | Studio | 1 bath | 450 sqft | $1,425 /mo | 1 unit available | LIMITED OFFER: Sign a lease and get a 2-weeks free rent! Welcome to Gramercy Apartments! Nestled in South Koreatown, these apartments were renovated with the modern renter in mind. With new contemporary kitchen cabinets, marble bathroom tiles, and hardwood flooring. STREET PARKING ONLY! KEY FEATURES: Natural Lighting, Stainless Steel Appliances, Sliding Mirror Closet Doors and Heater. Se habla Español! Y estamos listos para ayudarlos! We offer Wi-Fi at $35/month (great offer compared to provider's full price) Families with children welcome!! Familias con niños bienvenidos! *Our management company will not discriminate on the basis of race, color, religion, gender, gender expression, age, national origin, disability, marital status, or military status, in the rental of housing* The advertised rental rate is available only to newly approved applicants executing a new 12-month lease. Existing residents, lease renewals, and extensions are excluded from this offer. Rental rates, incentives, and availability may vary and are subject to change without notice. Please call our leasing team to schedule a tour at (213) 684-5570. |
Let's explore this property.
Amenities for Newly Renovated Apartments
Apartment Amenities
| Gas |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Building
| Cats OK | Controlled Access |
| Dogs OK | Elevator |
| Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 30 |
|---|
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About Newly Renovated Apartments
Families with children are welcome! Familias con niños bienvenidos! Welcome to Gramercy Apartments! Nestled in South Koreatown, these apartments were renovated with the modern renter in mind. With new contemporary kitchen cabinets, marble bathroom tiles, and hardwood flooring. STREET PARKING ONLY! KEY FEATURES: Natural Lighting, Stainless Steel Appliances, Sliding Mirror Closet Doors and Heater. Se habla Español! Y estamos listos para ayudarlos! We offer Wi-Fi at $35/month (great offer compared to provider's full price) *Our management company will not discriminate on the basis of race, color, religion, gender, gender expression, age, national origin, disability, marital status, or military status, in the rental of housing* For more information, please contact us at (213) 684-5570
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.9
/10
Very GoodWith a solid 8.9 out of 10 overall, Newly Renovated Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Newly Renovated Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Newly Renovated Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Newly Renovated Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Newly Renovated Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Newly Renovated Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Newly Renovated Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Newly Renovated Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Newly Renovated Apartments compares to other nearby properties.
Positives
- More space
- Studio is 66 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Elevator
- Improved accessibility features
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in Greater Wilshire
studio apartments at Newly Renovated Apartments cost about 5% less than the average rent price for studio apartments in Greater Wilshire.
Median rents as of Jan 17 2026.
Greater Wilshire
Los Angeles
| 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 | $1,738 |
| 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 | $1,525 |
Affordability calculator
Can I afford to live at 974 S Gramercy Pl?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$57,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $57,000 annually to afford this studio monthly rent price of $1,425.
For more information on rent affordability, visit our rent calculator.
Schools near Newly Renovated Apartments
Wilton Place Elementary School
745 s wilton pl
los angeles, CA, 90005
K-5Public
C+
Sophia T. Salvin Special Education Center
1925 budlong ave
los angeles, CA, 90007
K-10Public
Marlton
4000 santo tomas dr
los angeles, CA, 90008
K-12Public
City of Angels
221 s eman ave
los angeles, CA, 90063
K-12Public
B
Charles Leroy Lowman Special Ed & Career Transition Center
12827 saticoy st
north hollywood, CA, 91605
K-12Public
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Internet available near Newly Renovated Apartments
Getting around Los Angeles near 974 S Gramercy Pl
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 974 S Gramercy Pl, Los Angeles
Groceries
10/10
Several grocery stores nearby
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Variety of cafés within walking distance
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
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