Zumper
modified
3 Hours Ago

Highlights

  • Pet Friendly
  • Elevator
  • On-site laundry facilities
  • Centrally located
  • Laminate flooring throughout
  • On-site manager
  • Easy access

Location

849 Gramercy Dr, Los Angeles, CA 90005, USA|Greater Wilshire
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Contact

Management

MCM Property Management, Inc.

Leasing office

(213) 388-2132

Property Overview

Park Gramercy is a well-rated property with strong value, location, and amenities, supported by features like an elevator, on-site laundry, an on-site manager, and easy access. It stands out for walkability, transit access, nearby dining, parks, and pet-friendly conveniences, while also offering laminate flooring throughout and a competitive price-to-value balance.

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.

Zumper Expert Rating

9.1
Excellent
Park Gramercy is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Elevator

Great for

  • Eco living
  • Social life
  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath$1,225–$1,345 /mo2 units availableThis large studio apartment in the heart of Los Angeles, CA, offers convenience and comfort. The building features an elevator for easy access, security entry for peace of mind, and on-site laundry facilities for added convenience. With brand-new stainless-steel kitchen appliances and laminate flooring throughout, this studio is both stylish and easy to maintain. The on-site manager ensures that any issues are promptly addressed, making for a worry-free living experience. Only street parking is available at this time. Don't miss out on this opportunity to live in a well-maintained and centrally located studio apartment in Los Angeles! ***MOVE-IN SPECIAL: 12th MONTH FREE RENT!!!***

Let's explore this property.

Amenities for Park Gramercy

Apartment Amenities

Ceiling FanLaminate Flooring
TrashWater

Appliances

Gas Wall HeaterRange
Refrigerator

Building

Cats OKDogs OK
ElevatorOnsite Laundry

Services

Amazon HubOn-Site Maintenance
On-Site Management
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

Units64
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About Park Gramercy

HomeApartments in Los AngelesGreater Wilshire Park Gramercy

This large studio apartment in the heart of Los Angeles, CA, offers convenience and comfort. The building features an elevator for easy access, security entry for peace of mind, and on-site laundry facilities for added convenience. With brand-new stainless-steel kitchen appliances and laminate flooring throughout, this studio is both stylish and easy to maintain. The on-site manager ensures that any issues are promptly addressed, making for a worry-free living experience. Only street parking is available at this time. Don't miss out on this opportunity to live in a well-maintained and centrally located studio apartment in Los Angeles! ***MOVE-IN SPECIAL: 12th MONTH FREE RENT!!!***


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.
9.1
/10
Excellent
Park Gramercy is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated Park Gramercy
Price·10A 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.
Park Gramercy offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Park Gramercy goes above and beyond to provide sought-after conveniences and desirable perks, including amazon hub. Renters looking for popular or luxurious features will find them here—and for that reason, Park Gramercy 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.
Park Gramercy 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.
Park Gramercy 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·7A 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.
Park Gramercy provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Park Gramercy is great for:

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options
  • 21 parks within a mile

Social life

  • Areas nearby are accessible by walking
  • 627 restaurants within 1 mile of this property
  • The area has transit options
  • Diverse age groups live in this area

Pet owners

  • Tile, vinyl or hardwood floors
  • 9 pet grooming services nearby
  • 15 pet supply stores near the property
  • 1 pet hospital in the area

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 Park Gramercy compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Elevator
Improved accessibility features

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Greater Wilshire

studio apartments at Park Gramercy cost about 16% less than the average rent price for studio apartments in Greater Wilshire.

Median rents as of Jun 6 2026.
Greater Wilshire
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
June 2024$1,798
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
June 2026$1,657
A table of studio rental data trends in Greater Wilshire
MonthMedian Rent
June 2024$1,537
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$1,417
June 2026$1,450

Affordability calculator

Can I afford to live at 849 Gramercy Dr?

Bedrooms

Studio

Rent-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

$49,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $49,000 annually to afford this studio monthly rent price of $1,225.
For more information on rent affordability, visit our rent calculator.

Schools near Park Gramercy

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

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public
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Internet available near Park Gramercy

Getting around Los Angeles near 849 Gramercy Dr

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 849 Gramercy Dr, Los Angeles

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Variety of cafés within walking distance

Restaurants

9/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Parks

5/10
Limited amount of park space nearby

Nightlife

5/10
Some bars within walking distance

Explore the area around 849 Gramercy Dr

H Mart
928 S Western Ave
Kae Sung Market
1010 S St Andrews Pl
Ralphs
670 S Western Ave
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3250 W Olympic Blvd
Galleria Market
3250 W Olympic Blvd

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