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Gramercy Terrace is a highly rated community (8.3/10 overall) with strong scores for amenities, location, quality, and trustworthiness, offering a compelling balance between price and value. Residents can enjoy modern finishes such as quartz countertops, stainless steel appliances, and open living spaces, plus a rooftop deck along attractive tree-lined streets. The property’s strong pet-friendly profile and extensive photo gallery, along with its favorable value per square foot, further enhance its appeal for many types of renters.
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. | |
| I (209,309,405,PH5) | 2 bed | 2 bath | 1,042 sqft | $3,695 /mo | 1 unit available | Welcome to Unit 309 at Gramercy Terrace, a beautifully crafted 2-bedroom, 2-bath home designed for those who value comfort, style, and a sense of ease the moment they walk through the door. Sunlight fills the open living space, highlighting wide-plank white oak floors and a layout that feels both spacious and welcoming—perfect for slow mornings, cozy evenings, and effortless entertaining. The modern kitchen is as functional as it is beautiful, featuring quartz countertops, stainless steel appliances, and generous cabinet space, inviting everything from weeknight dinners to weekend hosting. Each bedroom offers a calming retreat with room to unwind, while the thoughtfully designed bathrooms feel clean, refined, and spa-like. With an in-unit washer and dryer, everyday living becomes refreshingly simple. Beyond your front door, Gramercy Terrace offers a lifestyle to love. Enjoy peaceful moments on the landscaped courtyard terrace, take in sweeping city views from the rooftop deck, and move through the building with ease thanks to smart access controls and secured covered parking. The community is pet-friendly, so your four-legged companions feel right at home too. Perfectly situated near Larchmont Village, Hancock Park, and Paramount Studios, Unit 309 places you close to charming cafés, tree-lined streets, and the best of city living—while still offering a quiet, modern retreat to come home to. This is more than an apartment—it’s a place to settle in, slow down, and truly feel at home. Schedule your private tour today and experience Gramercy Terrace for yourself. |
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 54% higher than 1-bedrooms in Greater Wilshire.
If you decide to upgrade your space, you can expect 2-bedrooms at Gramercy Terrace to be 16% more 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 521 N Gramercy Pl?
Bedrooms
Rent-to-income ratio
30%
$119,800/yr
501 n van ness ave
los angeles, CA, 90004
1925 budlong ave
los angeles, CA, 90007
333 s beaudry ave 11th floor
los angeles, CA, 90017
333 s beaudry ave 11th floor
los angeles, CA, 90017
333 s beaudry ave 11th fl
los angeles, CA, 90017
Greater Wilshire | Los Angeles, CA
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$1,999–$7,898
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,299–$4,706
Mid-City West • 5700 W 6th St
1–2 Beds
$2,360–$3,584
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,213–$4,753
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,541–$2,195
Highland Park • 6320 Garvanza Ave
3 Beds
$3,995–$4,845
Downtown Los Angeles • 620 S Main St
Studio–1 Bed
$2,025–$3,350
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$1,999–$7,898
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,299–$4,706
Mid-City West • 5700 W 6th St
1–2 Beds
$2,360–$3,584
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,213–$4,753
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,541–$2,195
Highland Park • 6320 Garvanza Ave
3 Beds
$3,995–$4,845
Downtown Los Angeles • 620 S Main St
Studio–1 Bed
$2,025–$3,350
