NOT LISTED FOR SALE

5634 Observation Ln Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,019,000 - $1,331,000

2 Beds
3 Baths
1,394 Sq Ft
$820/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,000,000 $717 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,238/month

11 Days on Market

Highlights

  • Rooftop Deck
  • 5-minute walk to Hollywood/Western Station
  • City Lights View
  • Solar Power System
  • Two Primary Bedrooms
  • Contemporary Architecture

About This Home

As of December 2021

Welcome home to this premier south facing unit at Gramercy at Hollywood, a recently built single family home development in the heart of all that is exciting about new Hollywood, yet a tranquil refuge from it all. The property boasts a bright and airy open floor plan; two master suites; a home office; direct access over-sized two car garage with electric car charger installed; owned solar; extraordinary rooftop terrace with stunning 360 degree views of downtown LA, the Hollywood Hills and the Griffith Observatory. This highly walkable neighborhood is steps from restaurants, bars, shops and entertainment and just 2 blocks to the Metro station, Franklin Village and Griffith Park. This is an exceptional opportunity.

Last Agent to Sell the Property

Peter Lavin

Links Real Estate License #01328260 Listed on: 11/01/2021

Co-Listed By

Alastair Duncan

Links Real Estate License #01417673

Last Buyer's Agent

Brent Watanabe

KW Executive License #02041881

KW Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,649

Year Built

  • Built in 2014

Lot Details

  • 1,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned LAR3

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Property Views

  • City Lights
  • Views of a landmark
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,394 Sq Ft Home
  • Built-In Features
  • Bar
  • Living Room
  • Dining Area
  • Home Office
  • Alarm System

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Solar Power System
  • Rooftop Deck

Community Details

  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 5544-001-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,649

Year Built

Built in 2014

Lot Details

0

HOA Fees

$142 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Gramercy at Hollywood
  • Entry Location: Ground Level - no steps
  • Living Area: 1394
  • Year Built: 2014
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Cooktop - Gas, Oven-Electric
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Solar Panels, Washer
  • Price Per S Q F T: 713.77

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Direct Entrance, Garage - 2 Car, Garage Is Attached

Utilities

  • Volt 220: In Garage
  • Cooling: Central
  • Heating: Central
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 141.60
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5544-001-035
  • Lot Size Area: 1000

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
May 19, 2020
Sold by
Stewart Jonathan P
Bought by
Graupner Benjamin Orion
Seller's Agent
Peter Lavin
Links Real Estate
Buyer's Agent
Peter Lavin
Links Real Estate
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$1,142,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,919
Avg. Annual Appreciation
4.03%
Original Mortgage
$510,400
Outstanding Balance
$452,285
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$690,634

Purchase Details

Closed on
Jan 22, 2015
Sold by
Beazer Homes Holdings Corp
Bought by
Stewart Jonathan P

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
3.75%
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
Graupner Benjamin Orion $925,000 Orange Coast Title
Stewart Jonathan P $675,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graupner Benjamin Orion $510,400
Previous Owner Stewart Jonathan P $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $1,000,000 +0.5% $717 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $995,000 +7.6% $714 / Sq Ft
05/29/2020 05/29/20 Sold $925,000 0.0% $664 / Sq Ft View Prior Sale
05/06/2020 05/06/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $925,000 -- $664 / 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 $12,649 $1,061,207 $689,785 $371,422
2024 $12,649 $1,040,400 $676,260 $364,140
2023 $12,401 $1,020,000 $663,000 $357,000
2022 $11,817 $1,000,000 $650,000 $350,000
2021 $11,135 $934,583 $606,216 $328,367
2020 $9,050 $741,779 $412,099 $329,680
2019 $8,688 $727,235 $404,019 $323,216
2018 $8,655 $712,977 $396,098 $316,879
2016 $8,270 $685,293 $380,718 $304,575
2015 $3,447 $281,767 $281,767 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Lavin

    Seller's Agent in 2021

    Peter Lavin

    Links Real Estate

    (323) 376-1964

    2 in this area

    48 Total Sales

    Peter Lavin
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Alastair Duncan

    Links Real Estate

    (323) 640-2232

    1 in this area

    22 Total Sales

    Alastair Duncan
    Section Image

  • B

    Buyer's Agent in 2021

    Brent Watanabe

    KW Executive

    Section Image
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Map

Source: The MLS

MLS Number: 21-100871

The MLS

APN: 5544-001-035

California Los Angeles County Los Angeles 90028 Hollywood

5634 Observation Ln, Los Angeles, CA

This home is located at 5634 Observation Ln, Los Angeles, CA 90028 since 01 November 2021 and is currently estimated at $1,142,919, approximately $819 per square foot. This property was built in 2014. 5634 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.

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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.
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