NOT LISTED FOR SALE

5601 W Olympic Blvd Unit 201 Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $786,000 - $1,198,000

3 Beds
2 Baths
1,525 Sq Ft
10,019 Sq Ft Lot

Last Sold July 22, 2014

Last sale price $675,000 $443 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,068/month

Highlights

  • Gated Parking
  • Family Room with Fireplace
  • Meeting Room
  • Views of Trees
  • Wood Flooring
  • Elevator

About This Home

As of April 2019

Rarely available contemporary 2009 designer built, handsome double door entry opens to formal foyer. 3 bed 2 bath modern-day condo w/ large open floor plan in perfect central location. Gourmet kitchen w/ granite counters, center island, soft touch cabinetry & SS appliances (fridge, range, built in micro, dishwasher) opens to dining area & large living room w/ gas fireplace. Public room features 2 sets of glass doors to outside. Master suite w/ sliding doors balcony, large walk-in closet + bath w/ double sinks, huge counter space, & combo tub/shower. Hardwood floors in living/dining/hallways, tile in kitchen, & carpet in 3 bedrooms. Recessed lighting, central HVAC, dual pane windows. Large laundry room in unit. Secure building w/ touch screen entry + remote control access to gated subterranean parking lot w/ 2 assigned tandem spaces & 5 shared guest spots. Great common outdoor space + common rec room. Central Miracle location close to The Grove, Beverly Hills/Center, restaurants.

Last Agent to Rent the Property

Michael Park

New Star Realty License #01889352 Listed on: 01/16/2019

New Star Realty

Last Renter's Agent

Michael Park

New Star Realty License #01889352 Listed on: 01/16/2019

New Star Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,732

Year Built

  • Built in 2008

Lot Details

  • 10,019

Interior Spaces

  • 1,525 Sq Ft Home
  • Family Room with Fireplace
  • Views of Trees
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • 2 Covered Spaces
  • Converted Garage
  • Gated Parking
  • Guest Parking

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • Meeting Room
  • Elevator

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity, gas, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5089-026-043

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,732

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Security Deposit: 5000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1525
  • Year Built: 2008
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Hardwood, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Gas Dryer Hookup
  • Price Per S Q F T: 2.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Converted Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Elevator, Gated Parking, Guest Parking, Meeting Room

Lot Info

  • Assessor Parcel Number: 5089-026-043
  • Geocode Override: No
  • Lot Size Area: 10342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 23, 2019
Sold by
Choi Cheong W and Choi Jung S
Bought by
Cheong Won And Jung Shin Choi Liv Tr
Seller's Agent
Michael Park
New Star Realty
Buyer's Agent
Michael Park
New Star Realty
Sold Price
$3,600
Current Estimated Value
$994,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990,928

Purchase Details

Listed on
May 14, 2014
Closed on
May 28, 2014
Sold by
Chakarun Corey James and Azadi Nazanin
Bought by
Choi Cheong W and Choi Jung S
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Byoung Min
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Sold by
Symphony Asset Pool V Llc
Bought by
Chakarun Corey James and Azadi Nazanin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Burnside Llc
Bought by
Symphony Asset Pool V Llc
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
Cheong Won And Jung Shin Choi Liv Tr -- None Available
Choi Cheong W $675,000 Provident Title Company
Chakarun Corey James $475,000 Lawyers Title
Symphony Asset Pool V Llc $1,950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Cheong W $417,000
Previous Owner Chakarun Corey James $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2019 04/03/19 Rented $3,600 0.0% --
03/09/2019 03/09/19 Price Changed $3,600 -4.0% $2 / Sq Ft
02/02/2019 02/02/19 Price Changed $3,750 -5.1% $2 / Sq Ft
01/16/2019 01/16/19 For Rent $3,950 -99.2% --
02/18/2016 02/18/16 Rented $505,000 +13735.6% --
01/18/2016 01/18/16 For Rent $3,650 +15.9% --
08/11/2014 08/11/14 Rented $3,150 0.0% --
08/06/2014 08/06/14 Under Contract -- -- --
07/24/2014 07/24/14 For Rent $3,150 0.0% --
07/22/2014 07/22/14 Sold $675,000 -2.0% $446 / Sq Ft View Prior Sale
05/28/2014 05/28/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $689,000 -- $455 / 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 $9,732 $811,240 $443,718 $367,522
2024 $9,732 $795,334 $435,018 $360,316
2023 $9,546 $779,740 $426,489 $353,251
2022 $9,103 $764,452 $418,127 $346,325
2021 $8,987 $749,464 $409,929 $339,535
2020 $9,080 $741,780 $405,726 $336,054
2019 $8,717 $727,236 $397,771 $329,465
2018 $8,689 $712,977 $389,972 $323,005
2016 $8,300 $685,293 $374,830 $310,463
2015 $8,178 $675,000 $369,200 $305,800
2014 $6,108 $496,432 $371,018 $125,414
Source: Public Records

Agents Affiliated with this Home

  • Michael Park

    Landlord's Agent in 2019

    Michael Park

    New Star Realty

    (213) 761-8949

    11 Total Sales

    Michael Park
    Section Image

  • S

    Buyer's Agent in 2016

    Soon Lee

    New Star Realty

    Section Image
  • Sun Choi

    Seller's Agent in 2014

    Sun Choi

    KORUS Real Estate

    (213) 610-8000

    6 Total Sales

    Sun Choi
    Section Image
  • Sheri Bienstock

    Seller's Agent in 2014

    Sheri Bienstock

    The Bienstock Group

    (323) 310-2525

    27 in this area

    216 Total Sales

    Sheri Bienstock
    Section Image

  • E

    Buyer's Agent in 2014

    Edward Amuwa

    Rodeo Realty

  • B

    Buyer's Agent in 2014

    Byoung Min

See All Agents

Map

Source: The MLS

MLS Number: 19-425268

The MLS

APN: 5089-026-043

California Los Angeles County Los Angeles 90019 Miracle Mile

5601 W Olympic Blvd Unit 201, Los Angeles, CA

This home is located at 5601 W Olympic Blvd Unit 201, Los Angeles, CA 90036 since 16 January 2019 and is currently priced at $994,528. This property was built in 2008. 5601 W Olympic Blvd Unit 201 is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Fairfax High School.

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