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Gramercy Terrace earns a strong overall impression with an 8.3 Zumper Expert Rating, reflecting excellent amenities, location, quality, and solid value. Notable features include private balconies, a rooftop deck, and a modern kitchen with quartz countertops, while the listing also stands out for its photo count, competitive value per square foot, and pet-friendly surroundings with nearby services.
Things you’ll love
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Pet owners| A (201,301,401,PH1) | 1 bed | 1 bath | 762 sqft | $2,995 /mo | 1 unit available | Welcome to Unit 401 at Gramercy Terrace, a beautifully designed 1-bedroom, 1-bath residence that blends modern comfort with effortless city living. Natural light pours into the open living space, illuminating wide-plank white oak floors and a thoughtfully designed layout that feels both airy and inviting—perfect for quiet mornings, relaxed evenings, or hosting friends. The contemporary kitchen is as stylish as it is functional, featuring sleek quartz countertops, stainless steel appliances, and generous cabinet space that makes cooking and entertaining feel seamless. The spacious bedroom offers a peaceful retreat, designed for rest and relaxation, while the elegant bathroom provides a clean, spa-inspired atmosphere with modern finishes. With the added convenience of an in-unit washer and dryer, everyday living becomes simple and stress-free. Step outside your door and discover the lifestyle Gramercy Terrace offers. Unwind in the beautifully landscaped courtyard terrace, take in panoramic city views from the rooftop deck, and enjoy the comfort of secure covered parking and smart building access. The community is pet-friendly, ensuring your furry companions feel right at home. Ideally located near Larchmont Village, Hancock Park, and Paramount Studios, Unit 401 places you just moments from charming cafés, vibrant dining, and some of Los Angeles’ most beloved neighborhoods—while still providing a peaceful, modern retreat to come home to. This isn’t just an apartment—it’s a place to live comfortably, recharge, and truly feel at home. Schedule your private tour today and experience Gramercy Terrace for yourself. | |
| H (205,305, 403, PH3) | 2 bed | 2 bath | 1,166 sqft | $3,695 /mo | 1 unit available | Welcome to Gramercy Terrace Apartments, a luxury community offering elevated modern living in the heart of Los Angeles. This stylish 2-bedroom, 2-bathroom home features an open-concept layout with white oak flooring, oversized windows, and a spacious living area designed for both comfort and entertaining. The contemporary kitchen is equipped with stainless steel appliances, sleek Quartz countertops, and ample cabinetry, while the in-unit washer and dryer add everyday convenience. Select layouts include private balconies with stunning city views, creating the perfect indoor-outdoor living experience. Residents at this pet-friendly community enjoy premium amenities including secured covered parking, smart access controls throughout the building, a beautifully designed courtyard terrace, and a rooftop deck with panoramic city views. Ideally located just minutes from Hancock Park, Larchmont Village, and Paramount Studios, Gramercy Terrace places you near some of LA’s best dining, shopping, and entertainment destinations. Experience modern luxury living at Gramercy Terrace — contact us today to schedule your private tour. Photos may not represent the actual unit. |
Let's explore this property.
Apartment Amenities
| Balcony | Deck |
| Dryer | Freezer |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stove |
Tech
| Smart Access |
Building
| Cats OK | Dogs OK |
| Roof Deck |
Grounds
| Assigned Parking | Courtyard Terrace |
| Outdoor Space |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 32 |
|---|
Welcome to Unit 401 at Gramercy Terrace, a beautifully designed 1-bedroom, 1-bath residence that blends modern comfort with effortless city living. Natural light pours into the open living space, illuminating wide-plank white oak floors and a thoughtfully designed layout that feels both airy and inviting—perfect for quiet mornings, relaxed evenings, or hosting friends. The contemporary kitchen is as stylish as it is functional, featuring sleek quartz countertops, stainless steel appliances, and generous cabinet space that makes cooking and entertaining feel seamless. The spacious bedroom offers a peaceful retreat, designed for rest and relaxation, while the elegant bathroom provides a clean, spa-inspired atmosphere with modern finishes. With the added convenience of an in-unit washer and dryer, everyday living becomes simple and stress-free. Step outside your door and discover the lifestyle Gramercy Terrace offers. Unwind in the beautifully landscaped courtyard terrace, take in panoramic city views from the rooftop deck, and enjoy the comfort of secure covered parking and smart building access. The community is pet-friendly, ensuring your furry companions feel right at home. Ideally located near Larchmont Village, Hancock Park, and Paramount Studios, Unit 401 places you just moments from charming cafés, vibrant dining, and some of Los Angeles’ most beloved neighborhoods—while still providing a peaceful, modern retreat to come home to. This isn’t just an apartment—it’s a place to live comfortably, recharge, and truly feel at home. Schedule your private tour today and experience Gramercy Terrace for yourself.
How Gramercy Terrace compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 47% higher than 1-bedrooms in Greater Wilshire.
If you decide to upgrade your space, you can expect 2-bedrooms at Gramercy Terrace to be 9% more 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 521 N Gramercy Pl?
Bedrooms
Rent-to-income ratio
30%
$119,800/yr
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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
Marina del Rey • 4750 Lincoln Blvd
1–3 Beds
$2,607–$5,657
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,364–$5,176
PICO • 1333 S Orange Grove Ave
2–3 Beds
$4,695–$7,987
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
