NOT LISTED FOR SALE

5626 Observation Ln Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,311,761 - $1,575,000

3 Beds
4 Baths
1,805 Sq Ft
$783/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,240,000 $687 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,804/month

14 Days on Market

Highlights

  • City Lights View
  • 4-minute walk to Hollywood/Western Station
  • End Unit
  • Wood Flooring
  • Modern Architecture
  • Den

About This Home

As of September 2021

City living at it's best! Welcome home to this incredible single family home built in 2014 w/private roof deck featuring panoramic views of Griffith Park Observatory, the Hollywood Hills and STUNNING Hollywood sunsets . 3 bedrooms, 3 full baths all en-suite + 1/2 bath on the main entertaining level. The best home in the complex, an end cap w/no attached walls. This was the model home so upgrades throughout including luxury stone and tile, premium flooring, custom built-ins, and a gigantic waterfall island. Two large primary bedrooms with en suite baths, premium fixtures and walk-in closets and the third bedroom and en suite bath on the entrance level offers room for the perfect WFH office and/or home gym. The best part of this home is the private rooftop deck( with custom hardwood flooring) and amazing views for the perfect sunset dinner and entertaining friends.

Last Agent to Sell the Property

Andrew Jevin

Compass License #01951046 Listed on: 07/22/2021

Compass

Last Buyer's Agent

Robert Edie

Compass License #01821992

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 2,700 Sq Ft Lot
  • Property is zoned LAR3

HOA Fees

  • $141 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 1,805 Sq Ft Home
  • Built-In Features
  • Den

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5544-001-031

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$141 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 1805
  • Lot Acreage: 0.0620
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood, Vinyl
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 636.57

Exterior Features

  • Other Features: End Unit
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Hills, City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 141.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5544-001-031
  • Lot Size Area: 2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 16, 2018
Sold by
Leung Patrick and Oh Saejean
Bought by
Gabay Jonathan
Seller's Agent
Ryan Fitzgerald
Vylla Home, Inc.
Buyer's Agent
James Suarez
Real Broker
List Price
$1,199,000
Sold Price
$1,048,000
Premium/Discount to List
-$151,000
-12.59%
Current Estimated Value
$1,413,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,190
Avg. Annual Appreciation
3.97%
Original Mortgage
$786,000
Outstanding Balance
$670,843
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$742,347

Purchase Details

Closed on
Jun 3, 2016
Sold by
Oh Kyo Hwan and Oh Byung Book
Bought by
Leung Patrick and Oh Saejean

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
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2016
Sold by
Oh Kyo Hwan and Oh Byung Book
Bought by
Oh Kyo Hwan and Oh Byung Book

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jun 3, 2015
Sold by
Beazer Homes Holdings Corp
Bought by
Oh Kyo Hwan and Oh Byung Sook
Seller's Agent
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
Src Non-mls
List Price
$1,229,584
Sold Price
$970,000
Premium/Discount to List
-$259,584
-21.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$582,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gabay Jonathan $1,048,000 Chicago Title Company
Leung Patrick $970,000 Fntg
Oh Kyo Hwan -- None Available
Oh Kyo Hwan $970,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabay Jonathan $786,000
Previous Owner Leung Patrick $380,000
Previous Owner Oh Kyo Hwan $582,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $1,240,000 +107819.9% $687 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,149 -99.9% $1 / Sq Ft
06/15/2018 06/15/18 Sold $1,048,000 -0.9% $581 / Sq Ft View Prior Sale
05/08/2018 05/08/18 Price Changed $1,058,000 -11.8% $586 / Sq Ft
04/11/2018 04/11/18 For Sale $1,199,000 +23.6% $664 / Sq Ft
06/30/2015 06/30/15 Sold $970,000 -7.6% $537 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Price Changed $1,049,990 -6.7% $582 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
03/26/2015 03/26/15 Price Changed $1,125,000 -8.2% $623 / Sq Ft
03/25/2015 03/25/15 Price Changed $1,225,000 -0.4% $679 / Sq Ft
03/24/2015 03/24/15 For Sale $1,229,584 -- $681 / Sq Ft
Source: The MLS

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 $15,892 $1,315,896 $923,250 $392,646
2024 $15,721 $1,290,096 $905,148 $384,948
2023 $15,414 $1,264,800 $887,400 $377,400
2022 $14,690 $1,240,000 $870,000 $370,000
2021 $13,171 $1,101,634 $840,942 $260,692
2019 $12,773 $1,068,960 $816,000 $252,960
2018 $12,143 $1,009,187 $573,884 $435,303
2016 $11,863 $984,792 $609,150 $375,642
2015 $6,171 $508,767 $281,767 $227,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew Jevin

    Seller's Agent in 2021

    Andrew Jevin

    Compass

    (310) 919-6081

    2 in this area

    32 Total Sales

    Andrew Jevin
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Edie

    Compass

    (310) 717-1795

    15 Total Sales

    Robert Edie
    Section Image
  • Ryan Fitzgerald

    Seller's Agent in 2018

    Ryan Fitzgerald

    Vylla Home, Inc.

    (310) 402-6000

    1 in this area

    22 Total Sales

    Ryan Fitzgerald
    Section Image
  • James Suarez

    Buyer's Agent in 2018

    James Suarez

    Real Broker

    (310) 902-1004

    2 in this area

    309 Total Sales

    James Suarez
    Section Image

  • J

    Buyer's Agent in 2018

    James Scott Suarez

  • B

    Seller's Agent in 2015

    Brian Weingart

    NON-MEMBER/NBA or BTERM OFFICE

See All Agents

Map

Source: The MLS

MLS Number: 21-764170

The MLS

APN: 5544-001-031

California Los Angeles County Los Angeles 90028 Hollywood

5626 Observation Ln, Los Angeles, CA

Not Listed for Sale

Detached

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