NOT LISTED FOR SALE

5632 Observation Ln Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,007,000 - $1,313,000

2 Beds
3 Baths
1,394 Sq Ft
$809/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $855,000 $613 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,024/month

17 Days on Market

Highlights

  • Two Primary Bedrooms
  • 4-minute walk to Hollywood/Western Station
  • Modern Architecture
  • City View
  • Wood Flooring
  • Home Office

About This Home

As of December 2020

Stunning 3-level exterior row town home, with rooftop patio, centrally located just off Hollywood Blvd in a well maintained private community with low HOA dues. This modern 2014 built property is move-in ready and has unobstructed views from many areas and features 2 spacious master bedrooms, 2.75 bathrooms as well as a bonus/office space. You can enter through the attached 2-car garage on the main floor. The 2nd floor living area has an open lay-out with kitchen open to dining room, living room and bathroom. The 3rd floor features bedrooms with ensuite bathrooms, as well as the laundry closet in hallway. The 4th floor rooftop patio is where you can enjoy quiet evenings, entertain and enjoy the Hollywood Hills views. Everything you need at your fingertips! Walking distance to Metro, shopping, restaurants, cafes, hiking spots and many other neighborhood favorites.

Last Agent to Sell the Property

Letty Vermeulen

Aspire Los Angeles License #01773473 Listed on: 10/27/2020

Co-Listed By

Aaliya McLean

Aspire Los Angeles License #02075297

Last Buyer's Agent

Carolyn Haskell

The Agency License #01758765

The Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,053

Year Built

  • Built in 2014

Lot Details

  • 1,000

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City
  • Hills

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,394 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room
  • Dining Room
  • Home Office
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Features

  • 1,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5544-001-034

Community Details

Overview

  • 32 Units

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,053

Year Built

Built in 2014

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: Stunning 3-level exterior row town home, with rooftop patio, centrally located just off Hollywood Blvd in a well maintained private community with low HOA dues. This modern 2014 built property is move-in ready and has unobstructed views from many areas and features 2 spacious master bedrooms, 2.75 bathrooms as well as a bonus/office space. You can enter through the attached 2-car garage on the main floor. The 2nd floor living area has an open lay-out with kitchen open to dining room, living room and bathroom. The 3rd floor features bedrooms with ensuite bathrooms, as well as the laundry closet in hallway. The 4th floor rooftop patio is where you can enjoy quiet evenings, entertain and enjoy the Hollywood Hills views. Everything you need at your fingertips! Walking distance to Metro, shopping, restaurants, cafes, hiking spots and many other neighborhood favorites.
  • Complex Name: Gramercy of Hollywood
  • Entry Floor: 1
  • Living Area: 1394
  • Lot Acreage: 0.0230
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2014
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Carpet
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Refrigerator, Range/Oven, Ice Maker, Hood Fan, Washer, Dryer, Dishwasher, Ceiling Fan, Barbeque, Microwave
  • Price Per S Q F T: 627.69

Exterior Features

  • Pool: No
  • View: City, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 5544-001-034
  • Lot Size Area: 1000

Multi Family

  • Number Of Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Nov 30, 2020
Sold by
Homelight Homes Real Estate Llc
Bought by
Fetzek Joseph Ryan
Seller's Agent
Letty Vermeulen
Aspire Los Angeles
Buyer's Agent
Carolyn Haskell
The Agency
List Price
$875,000
Sold Price
$855,000
Premium/Discount to List
-$20,000
-2.29%
Current Estimated Value
$1,127,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,509
Avg. Annual Appreciation
5.88%
Original Mortgage
$467,000
Outstanding Balance
$416,511
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$710,998

Purchase Details

Listed on
Oct 27, 2020
Closed on
Oct 12, 2020
Sold by
Fierro Gael
Bought by
Homelight Homes Real Estate Llc
Seller's Agent
Letty Vermeulen
Aspire Los Angeles
Buyer's Agent
Carolyn Haskell
The Agency
List Price
$875,000
Sold Price
$855,000
Premium/Discount to List
-$20,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Outstanding Balance
$416,511
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$710,998

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 10, 2017
Sold by
Gracheck Michael David
Bought by
Fierro Gael
Seller's Agent
Roddy de la Garza
Epique Realty
Buyer's Agent
Pascal Aldebert
Douglas Elliman
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$305,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 17, 2014
Closed on
Nov 5, 2014
Sold by
Beazer Homes Holdings Corp
Bought by
Gracheck Michael David
Seller's Agent
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Earnest Watts
Redfin Corporation
List Price
$689,990
Sold Price
$689,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$552,345
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fetzek Joseph Ryan $855,000 Lawyers Title
Homelight Homes Real Estate Llc $875,000 Lawyers Title
Fierro Gael $805,000 Equity Title
Gracheck Michael David $690,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fetzek Joseph Ryan $467,000
Previous Owner Fierro Gael $305,000
Previous Owner Gracheck Michael David $552,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $855,000 -2.3% $613 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $875,000 +8.7% $628 / Sq Ft
06/23/2017 06/23/17 Sold $805,000 +0.8% $569 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $799,000 +15.8% $564 / Sq Ft
12/11/2014 12/11/14 Sold $689,990 -0.7% $490 / Sq Ft View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
10/01/2014 10/01/14 Sold $695,000 +0.7% $493 / Sq Ft View Prior Sale
09/17/2014 09/17/14 For Sale $689,990 -0.9% $490 / Sq Ft
05/04/2014 05/04/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $695,990 -- $494 / 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 $11,053 $925,478 $649,458 $276,020
2024 $11,053 $907,332 $636,724 $270,608
2023 $10,837 $889,542 $624,240 $265,302
2022 $10,326 $872,100 $612,000 $260,100
2021 $10,199 $855,000 $600,000 $255,000
2020 $10,316 $854,271 $636,724 $217,547
2019 $9,901 $837,522 $624,240 $213,282
2018 $9,864 $821,100 $612,000 $209,100
2016 $8,458 $701,030 $396,455 $304,575
2015 $8,319 $690,500 $390,500 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Letty Vermeulen

    Seller's Agent in 2020

    Letty Vermeulen

    Aspire Los Angeles

    (818) 437-0618

    1 in this area

    84 Total Sales

    Letty Vermeulen
    Section Image
  • Aaliya McLean

    Seller Co-Listing Agent in 2020

    Aaliya McLean

    Aspire Los Angeles

    (215) 301-1928

    1 in this area

    19 Total Sales

    Aaliya McLean
    Section Image

  • C

    Buyer's Agent in 2020

    Carolyn Haskell

    The Agency

    (310) 429-0520

    1 in this area

    1 Total Sale

    Carolyn Haskell
    Section Image

  • C

    Buyer's Agent in 2020

    Carolyn A. Haskell

    Sotheby's International Realty

  • Roddy de la Garza

    Seller's Agent in 2017

    Roddy de la Garza

    Epique Realty

    (323) 696-5375

    133 Total Sales

    Roddy de la Garza
    Section Image

  • P

    Buyer's Agent in 2017

    Pascal Aldebert

    Douglas Elliman

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-652474

The MLS

APN: 5544-001-034

California Los Angeles County Los Angeles 90028 Hollywood

5632 Observation Ln, Los Angeles, CA

This home is located at 5632 Observation Ln, Los Angeles, CA 90028 since 27 October 2020 and is currently estimated at $1,127,509, approximately $808 per square foot. This property was built in 2014. 5632 Observation Ln is a home located in Los Angeles County with nearby schools including Grant Elementary School, Joseph Le Conte Middle School, and Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes