NOT LISTED FOR SALE

Estimated Value: $1,162,000 - $1,264,000

3 Beds
3 Baths
1,755 Sq Ft
$691/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $1,100,000 $627 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,841/month

71 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Quartz Countertops
  • City View
  • Modern Architecture
  • Breakfast Area or Nook

About This Home

As of June 2023

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 5504 Olympic is the 3rd of the 5 with 3 bedrooms, 3 baths and 1755 interior square feet. These modern-style homes are designed across tri and quad levels, offering a luxurious living experience. The ground floor features a convenient 2-car garage with direct foyer access. As you ascend to the second level, you'll be captivated by the open-concept living area, including a spacious and stylish kitchen that's perfect for entertaining. Abundant natural light fills the living room, complementing the sleek contemporary design, creating an ideal space for relaxation. The bedrooms, all located on the upper floors, offer private bathrooms and ample closet space. The primary suite is a tranquil retreat, providing a private oasis to unwind after a long day.Conveniently situated in the vibrant and diverse Mid-Wilshire neighborhood, known for its central location, beautiful architecture, and rich cultural history, Maison 5 offers a coveted living experience. 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.

Last Agent to Sell the Property

Stephany Chen

Christie's International Real Estate SoCal License #01939248 Listed on: 03/09/2023

Christie's International Real Estate SoCal

Last Buyer's Agent

Vahe Shaghzo

Coldwell Banker Realty License #01367507

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,749

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,176 Sq Ft Lot
  • Property is zoned LAR3

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Modern Architecture

Interior Spaces

  • 1,755 Sq Ft Home
  • Family Room on Second Floor
  • City Views
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Microwave
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5085-010-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,749

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 1755
  • Lot Acreage: 0.0270
  • Property Condition: New Construction
  • Year Built: 2023
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Flooring: Engineered Hardwood, Stone Tile
  • Appliances: Built-In Gas, Oven, Microwave
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area
  • Kitchen Features: Quartz Counters
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Garbage Disposal
  • Price Per S Q F T: 655.27

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 142.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5085-010-025
  • Lot Size Area: 1176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Jun 7, 2023
Sold by
Smart Troop Llc
Bought by
Romo Nathaniel Blake
Seller's Agent
Stephany Chen
Christie's International Real Estate SoCal
Buyer's Agent
Vahe Shaghzo
Coldwell Banker Realty
List Price
$1,184,625
Sold Price
$1,100,000
Premium/Discount to List
-$84,625
-7.14%
Views
107
Current Estimated Value
$1,212,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,104
Avg. Annual Appreciation
4.24%
Original Mortgage
$935,000
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Romo Nathaniel Blake $1,100,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Nathaniel Blake $949,700
Closed Romo Nathaniel Blake $935,000
Closed Romo Nathaniel Blake $935,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $1,100,000 -4.3% $627 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $1,150,000 -2.9% $655 / Sq Ft
04/03/2023 04/03/23 For Sale $1,184,625 +7.7% $675 / Sq Ft
03/30/2023 03/30/23 Off Market $1,100,000 -- --
03/09/2023 03/09/23 For Sale $1,184,625 -- $675 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,749 $1,144,439 $383,803 $760,636
2024 $13,749 $1,122,000 $376,278 $745,722
2023 $14,223 $1,172,825 $351,847 $820,978
2022 $13,557 $1,149,830 $344,949 $804,881
2021 $6,989 $583,627 $184,358 $399,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-249419

The MLS

APN: 5085-010-025