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The Gramercy stands out as a well-rated option with strong value, excellent location, and a solid amenity mix, supported by gated parking, a brand-new build, a fully equipped fitness center, private balconies, quartz countertops, and a prime location. It also offers strong photo coverage and ranks highly for value per square foot, while nearby pet services, dining, transit options, and walkability add convenience and everyday appeal.
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Social life
Pet owners| 0BR/1.0BA | Studio | 1 bath | 515 sqft | $2,255 /mo | 1 unit available | Unit 213 is a beautifully appointed studio residence on the 2nd floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 515 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Outstanding studio with large balcony, in-unit W/D, and available parking in vibrant Koreatown. Every residence at The Gramercy comes with premium touches including quartz countertops, stainless steel appliances, and contemporary design. Residents enjoy access to all building amenities including the rooftop deck, fitness center, EV charging, gated parking, and more. | |
| 1BR/1.0BA | 1 bed | 1 bath | 611+ sqft | $2,595–$3,050 /mo | 12 units available | Unit 214 is a beautifully appointed 1-bedroom residence on the 2nd floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 677 square feet, this home offers generous living space with modern, condo-quality finishes throughout. This 1-bedroom on the 2nd floor has been leased. Join the waitlist and we'll reach out the moment a comparable home opens up. Every residence at The Gramercy comes with premium touches including quartz countertops, stainless steel appliances, and contemporary design. Residents enjoy access to all building amenities including the rooftop deck, fitness center, EV charging, gated parking, and more. | |
| 2BR/2.0BA | 2 bed | 2 bath | 724+ sqft | $3,015–$4,605 /mo | 29 units available | Unit 212 is a beautifully appointed 2-bedroom residence on the 2nd floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 1,000 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Modern 2-bedroom on the 2nd floor with condo-quality finishes, in-unit W/D, and available parking. Every residence at The Gramercy comes with premium touches including quartz countertops, stainless steel appliances, and contemporary design. Residents enjoy access to all building amenities including the rooftop deck, fitness center, EV charging, gated parking, and more. | |
| 3BR/2.0BA | 3 bed | 2 bath | 1,432 sqft | $5,455 /mo | 1 unit available | Unit 603 is a beautifully appointed 3-bedroom residence on the 6th floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 1,432 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Spacious three-bedroom with expansive balcony and condo-quality finishes on the top floor. Every residence at The Gramercy comes with premium touches including quartz countertops, stainless steel appliances, and contemporary design. Residents enjoy access to all building amenities including the rooftop deck, fitness center, EV charging, gated parking, and more. | |
| 4BR/2.0BA | 4 bed | 2 bath | 1,401 sqft | $5,325 /mo | 1 unit available | Unit 609 is a beautifully appointed 4-bedroom residence on the 6th floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 1,401 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Four-bedroom penthouse residence with incredible space, panoramic E/S views, premium finishes, and 4 weeks free. Every residence at The Gramercy comes with premium touches including quartz countertops, stainless steel appliances, and contemporary design. Residents enjoy access to all building amenities including the rooftop deck, fitness center, EV charging, gated parking, and more. | |
| 5BR/4.0BA | 5 bed | 4 bath | 1,820 sqft | $5,995 /mo | 1 unit available | Unit 509 is a beautifully appointed 5-bedroom residence on the 5th floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 1,820 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Newly built five-bedroom with east, west, and south views, premium finishes, and 4 weeks free. Every residence at The Gramercy comes with premium touches including quartz countertops, stainless steel appliances, and contemporary design. Residents enjoy access to all building amenities including the rooftop deck, fitness center, EV charging, gated parking, and more. |
Let's explore this property.
Apartment Amenities
| Walk-in Closet |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 60 |
|---|
The Gramercy is a luxury apartment community developed by RFC Group, a Los Angeles real estate company that has served the community for more than 35 years. Located in the heart of Koreatown, this newly constructed six-story community offers thoughtfully designed, condo-quality residences ranging from stylish studios to expansive five-bedroom homes. Each residence features premium finishes, including quartz countertops, stainless-steel appliances, in-unit laundry, central heating and air conditioning, and private balconies in select homes. Residents enjoy access to The Gramercy's expansive rooftop deck with stunning Downtown Los Angeles skyline views, two outdoor barbecue stations, a fully equipped fitness center, secured garage parking with EV charging capabilities, and controlled-access entry. Professionally managed and ideally located near the Wilshire/Western Metro Station, The Gramercy combines sophisticated design, exceptional amenities, and a prime location to deliver an elevated living experience in one of Los Angeles' most vibrant neighborhoods.
How The Gramercy compares to other nearby properties.
Positives
Considerations
Studio apartments at The Gramercy cost about 46% more than the average rent price for studios in Greater Wilshire.
1-bedroom apartments here are priced 28% higher than 1-bedrooms in Greater Wilshire.
If you decide to upgrade your space, you can expect 2-bedrooms at The Gramercy to be 11% less than the average for similarly sized apartments in Greater Wilshire.
3-bedroom apartments at The Gramercy cost about 14% more than the average rent price for 3-bedroom apartments in Greater Wilshire.
4-bedroom apartments at The Gramercy cost about 23% less than the average rent price for 4-bedroom 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 856 Gramercy Dr?
Bedrooms
Rent-to-income ratio
30%
$90,200/yr
745 s wilton pl
los angeles, CA, 90005
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
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Marina del Rey • 4750 Lincoln Blvd
1–3 Beds
$2,577–$5,717
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,549–$4,089
Downtown Los Angeles • 1027 Wilshire Blvd
Studio–2 Beds
$2,257–$3,247
Mid-City West • 5700 W 6th St
1–2 Beds
$2,361–$4,420
PICO • 1333 S Orange Grove Ave
2–3 Beds
$4,695–$7,987
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,367–$5,176
Westwood • 10700 Wilshire Blvd
1–2 Beds
$5,600–$7,525
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Marina del Rey • 4750 Lincoln Blvd
1–3 Beds
$2,577–$5,717
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,549–$4,089
Downtown Los Angeles • 1027 Wilshire Blvd
Studio–2 Beds
$2,257–$3,247
Mid-City West • 5700 W 6th St
1–2 Beds
$2,361–$4,420
PICO • 1333 S Orange Grove Ave
2–3 Beds
$4,695–$7,987
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,367–$5,176
Westwood • 10700 Wilshire Blvd
1–2 Beds
$5,600–$7,525
