• 5506 W Olympic Boulevard Los Angeles, CA 90036

  • $1,099,000
  • 2
    Bed(s)
  • 3
    Baths
  • 1,474
    Sq Ft
  • 1543
    Sqft
  • Listed By: Stephany Chen, Compass, DRE #01939248
  • Source: CRMLS

Investment opportunity to purchase a newly constructed tri-level home with a lease in place till March 2024. Leased for $5,500.00/ per month. Property can be delivered vacant at close of escrow. Welcome to Maison 5, an exquisite collection of five brand new, individually titled Single Family Homes, each with its own APN, located in the heart of Los Angeles. Unit 5506 W Olympic is the 4th of the 5 with 2 bedrooms, 2.5 baths, and 1474 interior square feet. The home is currently occupied The area boasts iconic landmarks such as the art-deco-style Wilshire Ebell Theatre and the renowned Los Angeles County Museum of Art (LACMA), featuring a vast collection of art and artifacts from around the world. Mid-Wilshire is also a haven for food and shopping enthusiasts, with its plethora of restaurants, cafes, and boutiques catering to diverse tastes. From classic LA diners to trendy eateries and cozy coffee shops, Mid-Wilshire has something to offer everyone.

Property Type :

Residential

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Bathroom Information

Total Baths: 3

Full Baths: 3

Half Baths: 0

Interior Features

Property Appliances: Dishwasher,Disposal,Microwave,Dryer

Fireplace: None

Furnished Description: Furnished Or Unfurnished

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 2023

Building Area Total: 1,474

Security Features

Carbon Monoxide Detector(s)

Pool Features

None

Laundry Features

In Carport

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0354

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 1543

Listing Price Information

Original List Price: 1,099,000

Listing Contract Date: 2023-07-10

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5085010026

Garage and Parking

Garage Description: Attached Carport,Covered

Attached Garage: Yes

Homeowners Association

Association: Yes

Association Fee: 142

AssociationFee Frequency: Monthly

Calculated Total Monthly Association Fees: 142

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C19 - Beverly Center-Miracle Mile

Postal Code Plus 4: 4718

Directions: Corner of Cochran Ave and West Olympic Blvd

Zoning: LAR3

Source Property Type: Residential

Area: C19 - Beverly Center-Miracle Mile

Property SubType: Single Family Residence

Building and Construction

Property Age: 1

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 1474

Levels or Stories: Three Or More,Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
816 S Orange Grove Avenue, Los Angeles, CA,90036 $2,400,000 9 8 5,727 6028 Sqft
356 - 366 N Orange Grov.., Los Angeles, CA,90036 $5,750,000 24 -- 19,149 19211 Sqft
920 S La Brea Avenue, Los Angeles, CA,90036 $2,495,000 -- -- -- 6174 Sqft
151 N Martel Avenue, Los Angeles, CA,90036 $2,250,000 3 2 2,306 7002 Sqft
434 N Ogden Drive, Los Angeles, CA,90036 $2,995,000 8 -- 5,222 6375 Sqft
525 N Sycamore Avenue #.., Los Angeles, CA,90036 $511,000 1 1 680 39897 Sqft
843 S Curson Avenue, Los Angeles, CA,90036 $1,999,000 7 -- 3,936 5501 Sqft
507 N Mansfield Avenue, Los Angeles, CA,90036 $1,749,000 2 2 1,444 6007 Sqft
633 N Vista Street, Los Angeles, CA,90036 $1,574,900 4 -- 2,407 6104 Sqft
631 N Vista Street, Los Angeles, CA,90036 $1,574,900 4 4 2,407 6104 Sqft

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ByOwner last updated this listing 05/02/2024 @ 17:47

MLS: 23288512
LISTED BY: Stephany Chen, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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