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5629 Observation Ln, Los Angeles, CA 90028
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5629 Observation Ln Los Angeles, CA 90028

$875,000 Sold Price as of 08/23/2019
  • 2 Beds
  • 3 Baths
  • 1,394 Sq.Ft.
Sold
$875,000 Sold Price as of 08/23/2019 Refinance Your Mortgage
Map preview of 5629 Observation Ln, Los Angeles, CA 90028

Property Overview: 5629 Observation Ln Los Angeles, CA has 2 bedrooms, 3 bathrooms, 1,394 living square feet and 1,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Modern and clean home in desirable and rapidly-developing area of Hollywood. Private 2-car garage with direct access and lots of storage. Fully-furnished roof-top deck with views of city and hills. Highly-walkable neighborhood, 2 blocks to Metro station and centrally-located to everything. Great investment potential.

Listed by Henry Vega | BRE #01765081 | Redfin Corporation
Last checked: 7 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
1,000
HOA Dues
$118/mo
Year built
2014
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
BB19165850
City
Los Angeles
County
Los Angeles
Time on Site
1271 days

Virtual Tour

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Property Details for 5629 Observation Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Eating Area: Area, In Kitchen
  • Flooring: Carpet, Laminate
  • All Bedrooms Up, Kitchen, Laundry, Living Room
Kitchen Information
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Copper Plumbing Full, High Ceilings
  • Levels: Three Or More
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Mountain(s), Neighborhood
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 1
  • Parcel Number: 5544001045
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Miste Holloway. Property Management Professionals
  • Association Fee: $118 (Monthly)
  • Association Amenities: Maintenance Grounds, Trash, Pet Rules, Call for Rules
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Grant
  • Elementary School: GRANT
  • Middle/Junior High School: Le Conte
  • Middle/Junior High School: LECON
  • High School: Hollywood
  • High School: HOLLYW
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Between Western & Franklin
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 5629 Observation Ln

Last sold for $875,000 on August 23rd, 2019

  • August, 2019

  • Aug 24, 2019

    Date

    Sold

    CRMLS: BB19165850

    $875,000

    Price

  • Jul 27, 2019

    Date

    Active Under Contract

    CRMLS: BB19165850

    $875,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: BB19165850

    $875,000

    Price

  • August, 2019

  • Aug 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

  • October, 2014

  • Oct 1, 2014

    Date

    Sold (Public Records)

    Public Records

    $701,500

    Price

Show More

Tax History for 5629 Observation Ln

Assessed Value (2020): $875,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $275,000 $875,000

Home Value Compared to the Market

This property vs the competition

5629 Observation Ln sold on August 23, 2019 for 31.32% 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 $627.69 per/sqft which puts the price per square foot 20.65% lower than the current median sale per square foot for the city of Los Angeles.

About 5629 Observation Ln

Detailed summary of property

5629 Observation Ln is a single family home that recently sold in Los Angeles, CA 90028. This house offered 2 bedrooms, 3 bathrooms, roughly 1,394 living square feet, and sits on an approximately 1,000 square foot lot. 5629 Observation Ln was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $875,000. 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 31.32% lower than the current median priced home. Local homes that are currently for sale include 6250 Hollywood Blvd #6G, 6250 Hollywood Blvd #4C and 6250 Hollywood Blvd #Penthouse 12G. This home does have a Homeowners Association and the monthly fee is $118 per month. While the average home in Los Angeles, CA is selling in 102 days, 5629 Observation Ln has a days on market of 8 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 5629 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 5629 Observation Ln

Public county record property details
Beds
2
Baths
3
Year built
2014
Sq. Ft.
1,394
Lot Size
999
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5544-001-045

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%)

Thinking of Selling?

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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.

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