Thank you
Stephany Chen
Compass
310-230-5478
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.
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Total Bedrooms : 2
Total Baths: 3
Full Baths: 3
Half Baths: 0
Property Appliances: Dishwasher,Disposal,Microwave,Dryer
Fireplace: None
Furnished Description: Furnished Or Unfurnished
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 2023
Building Area Total: 1,474
Carbon Monoxide Detector(s)
None
In Carport
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0354
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 1543
Original List Price: 1,099,000
Listing Contract Date: 2023-07-10
Listing Agreement: Seller Reserved
Parcel Number: 5085010026
Garage Description: Attached Carport,Covered
Attached Garage: Yes
Association: Yes
Association Fee: 142
AssociationFee Frequency: Monthly
Calculated Total Monthly Association Fees: 142
Lease Term: Negotiable
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
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
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.