1638 Gramercy, a 1921 low-rise in Mid City.
Set in Mid City, 1638 Gramercy is a 4-residence condominium building. It was built in 1921 and rises two stories. Amenities include controlled access.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 1638 Gramercy.
Condos for sale & rent at 1638 Gramercy
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 1638 Gramercy
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|
Closed sales at 1638 Gramercy from MLS records.
Amenities & services
What to know before you buy at 1638 Gramercy
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 1638 Gramercy?
Our records show 4 residences at 1638 Gramercy. Since March 18, 2026, a conventional loan in a building of 2 to 10 units may qualify for a project review waiver from Fannie Mae and Freddie Mac, as long as the building isn't flagged and its insurance meets the rules.
The 15% reserve test arriving January 4, 2027 is part of the Full Review, which a building this size may not need. Lenders can add their own requirements, and the unit count decides the path, so confirm it with the HOA.
For a 1921 building with 4 residences, ask about the SB 326 balcony inspection early. If 1638 Gramercy is subject to it, the most recent report has been part of the resale package since January 1, 2026, and an unaddressed problem in it may affect conventional lending. SB 326, explained.
Conventional loans go up to $1,249,125 in LA County in 2026. Above that, a jumbo lender applies its own condo rules, and a non-QM loan, built for buildings or buyers outside agency rules, typically means more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 1638 GramercyBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 1638 Gramercy.
In the heart of Mid City
1638 Gramercy places you at the center of Mid City, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.