5627 Observation Ln, Los Angeles, CA 90028
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5627 Observation Ln Los Angeles, CA 90028

$1,060,000 Sold Price as of 09/03/2021
  • 3 Beds
  • 2.5 Baths
  • 1,556 Sq.Ft.
Sold
$1,060,000 Sold Price as of 09/03/2021 Refinance Your Mortgage

Map preview of 5627 Observation Ln, Los Angeles, CA 90028

Property Overview: 5627 Observation Ln Los Angeles, CA has 3 bedrooms, 2.5 bathrooms, 1,556 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stunning Modern Single Family Home can be yours in the Franklin Village neighborhood of Hollywood! Centrally located just off Hollywood Blvd in a well maintained community with low HOA dues. Built in 2015, this quiet coveted corner unit offers views of the Hollywood Hills and Griffith Observatory from your living room and master suite. Private balcony offers sunsets behind the historic California Bank from L.A.Confidential. This home offers 3 full bedrooms with 2.5 bathrooms and bonus office which can be directly accessed from an attached 2-car garage. Some builder/designer upgrades including: luxury stone tile/hardwood flooring throughout, custom wood blinds, and quartz countertops. Some other upgrades including: RO water system, Tesla wall connector charging station, Nest doorbell, Nest camera, Nest thermostat, security system, myQ smart garage door, touch-less faucet, stainless appliances, recessed lighting, custom closets, tankless water heater, and separate laundry closet. This highly walkable neighborhood is steps from restaurants, bars, shops, entertainment and just blocks to the Metro station, and Griffith Park. This is an exceptional opportunity.

Listed by Ryan Yuan | BRE #02010039 | JC Pacific Capital Inc.
Last checked: 39 seconds ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
2,550
HOA Dues
$142/mo
Year built
2015
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC21099132
City
Los Angeles
County
Los Angeles
Time on Site
1107 days

Property Details for 5627 Observation Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Stackable, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room, In Kitchen
  • Flooring: Tile, Wood
  • All Bedrooms Up, Family Room, Living Room, Master Bathroom, Master Bedroom, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Purifier
  • Kitchen Island, Kitchen Open to Family Room, Quartz Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Levels: Three Or More
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, On Site, Side by Side, Electric Vehicle Charging Station(s)
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Canyon, City Lights, Hills, Mountain(s)
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5544001046
  • Year Built Source: Assessor
  • Architectural Style: Contemporary, Modern
  • Property is not Attached
  • Offered With Property: Refrigerator, Washer and Dryer, and Tesla wall connector charger
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Gramercy at Hollywood
  • Association Fee: $142 (Monthly)
  • Association Amenities: Maintenance Grounds, Pets Permitted, Maintenance Front Yard
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Off of N Gramercy Place and between Hollywood Blvd and Franklin Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Foothills, Hiking, Park, Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 5627 Observation Ln

Last sold for $1,060,000 on September 3rd, 2021
  • September, 2021

  • Sep 3, 2021

    Date

    Sold

    CRMLS: OC21099132

    $1,060,000

    Price

  • Aug 24, 2021

    Date

    Pending

    CRMLS: OC21099132

    $1,060,000

    Price

  • Jul 21, 2021

    Date

    Active Under Contract

    CRMLS: OC21099132

    $1,060,000

    Price

  • Jul 6, 2021

    Date

    Active

    CRMLS: OC21099132

    $1,060,000

    Price

  • Jun 25, 2021

    Date

    Coming Soon

    CRMLS: OC21099132

    $1,060,000

    Price

  • August, 2019

  • Aug 1, 2019

    Date

    Sold

    CRMLS: PF19139607

    $930,000

    Price

  • Jun 21, 2019

    Date

    Pending

    CRMLS: PF19139607

    $889,000

    Price

  • Jun 13, 2019

    Date

    Active

    CRMLS: PF19139607

    $889,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Hollywood this sleek, modern townhome offers 3 full bedrooms with 2.5 bathrooms and bonus office. Built in 2015 and exquisitely maintained, this quiet coveted corner unit offers views of the Hollywood Hills and Griffith Observatory from your living room and master. Private balcony offers sunsets behind the historic California Bank from L.A. Confidential. This move-in ready home with low HOA measures 1,556? square feet and features builder/designer upgrades including: luxury stone tile and hardwood flooring, custom wood blinds, and quartz countertops. Upgrades also include security system, RO water system, touchless faucet, stainless appliances, recessed lighting, tankless water heater, and separate laundry closet. Moments to Jonathan Gold?s top Thai restaurant Jitlada, Know Where Bar, Harvard and Stone, Metro stops, The Pantages Theater, The Hollywood Palladium, comedy at UCB, and Netflix?s new flagship building. Arrive home in your private attached two car garage at The Gramercy!

  • August, 2019

  • Aug 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $930,000

    Price

  • August, 2015

  • Aug 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $778,000

    Price

Show More

Tax History for 5627 Observation Ln

Assessed Value (2020): $930,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $230,000 $930,000

Home Value Compared to the Market

This property vs the competition

5627 Observation Ln sold on September 3, 2021 for 16.8% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $681.23 per/sqft which puts the price per square foot 13.88% lower than the current median sale per square foot for the city of Los Angeles.

About 5627 Observation Ln

Detailed summary of property

5627 Observation Ln is a single family home that recently sold in Los Angeles, CA 90028. This house offered 3 bedrooms, 2.5 bathrooms, roughly 1,556 living square feet, and sits on an approximately 2,550 square foot lot. 5627 Observation Ln was first listed on ArdentRealEstateGroup.com on June 25, 2021. The homeowner sold the property for $1,060,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.8% lower than the current median priced home. Local homes that are currently for sale include 6015 W Beachwood Ln, 6250 Hollywood Blvd #4C and 6250 Hollywood Blvd #6G. This home does have a Homeowners Association and the monthly fee is $142 per month. While the average home in Los Angeles, CA is selling in 102 days, 5627 Observation Ln has a days on market of 14 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 5627 Observation Ln Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5627 Observation Ln

Public county record property details
Beds
3
Baths
3
Year built
2014
Sq. Ft.
1,556
Lot Size
2,549
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5544-001-046

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$717
Median Sold Price
$1,400,000
Median Sold Price/Sq.Ft.
$808
Total Inventory
45
Median Sale to List Price %
112.09%
Avg Days on Market
58
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 5627 Observation Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.