NOT LISTED FOR SALE

5636 Observation Ln Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $938,000 - $1,003,083

2 Beds
3 Baths
1,394 Sq Ft
$696/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2024

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

Est. 3% decrease in value since last sale

Current estimated payment $6,297 / mo

15 Days on Market

Highlights

  • Panoramic View
  • 5-minute walk to Hollywood/Western Station
  • Bonus Room
  • Engineered Wood Flooring
  • Modern Architecture
  • 2 Car Attached Garage

About This Home

As of November 2024

Experience the allure of modern living in this exquisite single family home located in the desirable Franklin Village neighborhood of Hollywood. Situated just off Hollywood Blvd in a well maintained community with low HOA dues. This home boasts 2 bedrooms, 3 bathrooms, a convenient office space accessible from the 2-car garage and a spacious rooftop deck perfect for entertaining guests. Featuring fresh paint which adds to the sleek quartz countertops in the kitchen. The garage also houses a water softener and custom storage for added convenience. Enjoy the easy of living in a vibrant neighborhood a short distance to a variety of dining, shopping, entertainment options, as well as easy access to the Metro station, Fern Dell Nature trail and Griffith Park. Don't miss this extraordinary opportunity to own a piece of Hollywood luxury.

Last Agent to Sell the Property

Amit Lalji

Sotheby's International Realty License #01963506 Listed on: 09/26/2024

Sotheby's International Realty

Last Buyer's Agent

Leslie Zhang

Keller Williams Realty License #02131804

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 1,000 Sq Ft Lot
  • Property is zoned LAR3

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 1,394 Sq Ft Home
  • Multi-Level Property
  • Bonus Room
  • Engineered Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5544-001-036

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

1,000 Sq Ft Lot

HOA Fees

$142 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Gramercy at Hollywood
  • Living Area: 1394
  • Lot Acreage: 0.0230
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 692.25

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Landmark, Hills, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 5544-001-036
  • Lot Size Area: 1000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 15, 2024
Sold by
Bought by
Seller's Agent
Amit Lalji
Sotheby's International Realty
Buyer's Agent
Leslie Zhang
Keller Williams Realty
List Price
$965,000
Sold Price
$1,000,000
Premium/Discount to List
$35,000
3.63%
Views
37
Current Estimated Value
$970,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,729
Avg. Annual Appreciation
-1.94%
Original Mortgage
$800,000
Outstanding Balance
$788,756
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$181,515

Purchase Details

Listed on
Jul 1, 2014
Closed on
Nov 5, 2014
Sold by
Bought by
Seller's Agent
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Anthony Ridino
Propertycloud
List Price
$695,000
Sold Price
$699,000
Premium/Discount to List
$4,000
0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$524,250
Interest Rate
2.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 Clearmark Title
$1,000,000 Clearmark Title
$699,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Closed $800,000
Previous Owner $524,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $1,000,000 +3.6% $717 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $965,000 +38.1% $692 / Sq Ft
12/05/2014 12/05/14 Sold $699,000 -1.9% $496 / Sq Ft View Prior Sale
09/28/2014 09/28/14 Pending -- -- --
07/31/2014 07/31/14 Price Changed $712,625 +0.6% $506 / Sq Ft
07/10/2014 07/10/14 Price Changed $708,710 +2.0% $503 / Sq Ft
07/01/2014 07/01/14 For Sale $695,000 -- $493 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,061 $1,000,000 $736,500 $263,500
2024 $10,048 $823,615 $491,342 $332,273
2023 $9,852 $807,466 $481,708 $325,758
2022 $9,388 $791,634 $472,263 $319,371
2021 $9,272 $776,112 $463,003 $313,109
2019 $8,992 $753,094 $449,271 $303,823
2018 $8,958 $738,328 $440,462 $297,866
2016 $8,561 $709,659 $423,359 $286,300
2015 $8,421 $699,000 $417,000 $282,000
Source: Public Records

Agents Affiliated with this Home

  • Amit Lalji

    Seller's Agent in 2024

    Amit Lalji

    Sotheby's International Realty

    (310) 382-4416

    3 in this area

    32 Total Sales

    Amit Lalji
    Section Image

  • L

    Buyer's Agent in 2024

    Leslie Zhang

    Keller Williams Realty

    (213) 610-3268

    2 in this area

    49 Total Sales

    Leslie Zhang
    Section Image

  • B

    Seller's Agent in 2014

    Brian Weingart

    NON-MEMBER/NBA or BTERM OFFICE

  • Anthony Ridino

    Buyer's Agent in 2014

    Anthony Ridino

    Propertycloud

    (310) 877-9919

    1 in this area

    18 Total Sales

    Anthony Ridino
    Section Image
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Map

Source: The MLS

MLS Number: 24-435015

The MLS

APN: 5544-001-036

California Los Angeles County Los Angeles 90028 Hollywood

5636 Observation Ln, Los Angeles, CA

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The MLS © 2026 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.

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