Highlights
Pet Friendly
- Gated parking
- Brand-new
- Fully equipped fitness center
- Private balconies
- Quartz countertops
- Prime location
Location
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Nearby rentals
Property management
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The Gramercy offers strong value, standout amenities, and a prime location, with a high expert rating supported by excellent price, location, and trust scores. Its brand-new design, gated parking, private balconies, quartz countertops, and fully equipped fitness center add appeal, while 50 photos and a top-tier value-per-square-foot position provide helpful context.
Things you’ll love
Great for
| 0BR/1.0BA | Studio | 1 bath | 512+ sqft | $2,250–$2,595 /mo | 4 units available | Unit 103 is a beautifully appointed 1-bedroom residence on the 1st floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 632 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Modern 1-bedroom on the 1st 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. | |
| 1BR/1.0BA | 1 bed | 1 bath | 606+ sqft | $2,695–$2,775 /mo | 3 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 | 991+ sqft | $3,120–$4,195 /mo | 14 units available | Look & Lease Special: $1,000 move-in credit! Unit 309 is a beautifully appointed 2-bedroom residence on the 3rd floor of The Gramercy, a brand-new luxury building in the heart of Koreatown, Los Angeles. At 851 square feet, this home offers generous living space with modern, condo-quality finishes throughout. Brand new two-bedroom with scenic views, 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. | |
| 4BR/2.0BA | 4 bed | 2 bath | 1,541 sqft | $5,750 /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 | 1,954 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 50% 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 3% less than the average for similarly sized apartments in Greater Wilshire.
4-bedroom apartments at The Gramercy cost about the same as the average rent price for 4-bedroom apartments in Greater Wilshire.
| Month | Median Rent |
|---|---|
| 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 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| October 2026 | $1,649 |
| Month | Median Rent |
|---|---|
| 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 | $1,530 |
| August 2026 | $1,757 |
| September 2026 | $1,516 |
| October 2026 | $1,497 |
Can I afford to live at 856 Gramercy Dr?
Bedrooms
Rent-to-income ratio
30%
$90,000/yr
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