Landlord's Agent in 2024
Larry Min
UNIVERSITY REALTY INC.
(909) 796-4252
43 Total Sales
5637 Observation Ln Los Angeles, CA 90028
Hollywood Neighborhood
3
Beds
3
Baths
1,394
Sq Ft
1,002
Sq Ft Lot
Highlights
- City Lights View
- 5-minute walk to Hollywood/Western Station
- Central Heating and Cooling System
- 2 Car Attached Garage
- Laundry Room
- Dogs Allowed
About This Home
As of October 2024SWEET HOME IN THE MIDDLE OF HOLLYWOOD - this home is located in the Franklin Village neighborhood. This 10 years new home comes with 3 bedrooms and 3 bathrooms and stunning 360-degree view of the downtown on the rooftop terrace. 360-degree view includes view of Hollywood Hills, Griffith Observatory, Hollywood downtown, and LA downtown. This beautiful home is just few steps away from the LA Metro station, Franklin Village, restaurants, bars, shops, and entertainment. Comes with attached 2 car garage and main entrance on the 1st floor, 2nd floor has great room with beautiful kitchen and a full bath and bedroom, there are two bedrooms with its own bathroom on the 3rd floor, and walk up to the rooftop terrace where you can enjoy views, sunbathe, and barbeque!
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $10,651
Year Built
- Built in 2014
Lot Details
- 1,002
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,394 Sq Ft Home
- 4-Story Property
- Family Room with Fireplace
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 3 Full Bathrooms
Additional Features
- Two or More Common Walls
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $4,200
- Available 10/1/24
- Tax Lot 11
- Tax Tract Number 65610
- Assessor Parcel Number 5544001041
Community Details
Overview
- Property has a Home Owners Association
- 32 Units
Pet Policy
- Pet Size Limit
- Pet Deposit $500
- Dogs Allowed
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2016
Closed on
Apr 27, 2016
Sold by
Akshara Housing Llc
Bought by
Chang Yoon Kyu and Chang Mijung
Seller's Agent
Ryan Fitzgerald
Vylla Home, Inc.
Buyer's Agent
Yvonne Kim
WIN Realty & Properties
List Price
$849,000
Sold Price
$753,000
Premium/Discount to List
-$96,000
-11.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,279
Avg. Annual Appreciation
3.78%
Original Mortgage
$417,000
Outstanding Balance
$332,102
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$728,177
Purchase Details
Listed on
Jun 25, 2014
Closed on
Nov 21, 2014
Sold by
Patel Nirmal and Patel Pragna
Bought by
Akshara Housing Llc
Seller's Agent
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$695,990
Sold Price
$695,990
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Purchase Details
Listed on
Jun 25, 2014
Closed on
Oct 10, 2014
Sold by
Patel Pragna
Bought by
Patel Nirmal
Seller's Agent
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$695,990
Sold Price
$695,990
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,144
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 25, 2014
Closed on
Sep 8, 2014
Sold by
Beazer Home Holding Corp
Bought by
Patel Nirmal
Seller's Agent
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$695,990
Sold Price
$695,990
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,144
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Yoon Kyu | $753,000 | Lawyers Title | |
| Akshara Housing Llc | -- | None Available | |
| Patel Nirma | -- | None Available | |
| Patel Nirmal | -- | Fidelity National Title Co | |
| Patel Nirmal | $696,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Yoon Kyu | $417,000 | |
| Previous Owner | Patel Nirmal | $557,144 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Rented | $4,200 | 0.0% | -- |
| 10/13/2024 10/13/24 | Under Contract | -- | -- | -- |
| 09/20/2024 09/20/24 | For Rent | $4,200 | 0.0% | -- |
| 05/24/2016 05/24/16 | Sold | $753,000 | -2.8% | $540 / Sq Ft |
| 04/18/2016 04/18/16 | Price Changed | $775,000 | -3.0% | $556 / Sq Ft |
| 03/18/2016 03/18/16 | Price Changed | $799,000 | -3.6% | $573 / Sq Ft |
| 02/23/2016 02/23/16 | Price Changed | $829,000 | -2.4% | $595 / Sq Ft |
| 01/27/2016 01/27/16 | For Sale | $849,000 | +22.0% | $609 / Sq Ft |
| 10/16/2014 10/16/14 | Sold | $695,990 | 0.0% | $494 / Sq Ft |
| 06/30/2014 06/30/14 | Pending | -- | -- | -- |
| 06/25/2014 06/25/14 | For Sale | $695,990 | -- | $494 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,651 | $891,391 | $630,131 | $261,260 |
| 2024 | $10,651 | $873,914 | $617,776 | $256,138 |
| 2023 | $10,443 | $856,779 | $605,663 | $251,116 |
| 2022 | $9,951 | $839,981 | $593,788 | $246,193 |
| 2021 | $9,828 | $823,512 | $582,146 | $241,366 |
| 2019 | $9,531 | $799,088 | $564,880 | $234,208 |
| 2018 | $9,497 | $783,420 | $553,804 | $229,616 |
| 2016 | $8,530 | $707,121 | $355,337 | $351,784 |
| 2015 | $8,391 | $696,500 | $350,000 | $346,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2016
Ryan Fitzgerald
Vylla Home, Inc.
(310) 402-6000
1 in this area
21 Total Sales
-
Buyer's Agent in 2016
Yvonne Kim
WIN Realty & Properties
(323) 470-2799
13 Total Sales
-
B
Seller's Agent in 2014
Brian Weingart
NON-MEMBER/NBA or BTERM OFFICE
-
N
Buyer's Agent in 2014
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,784 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV24196522
APN: 5544-001-041
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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