NOT LISTED FOR SALE

5639 Observation Ln Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $992,000 - $1,363,000

3 Beds
3 Baths
1,394 Sq Ft
$791/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $808,000 $580 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,853/month

12 Days on Market

Highlights

  • City Lights View
  • 5-minute walk to Hollywood/Western Station
  • Den
  • Wood Flooring
  • Modern Architecture
  • 2 Car Direct Access Garage

About This Home

As of March 2018

A little SLICE OF HEAVEN in VIBRANT HOLLYWOOD. Views Views Views from your private roof top deck. Built in 2014 this home offers no shared walls allowing individual expression and privacy. Incredibly flexible floor plan with 3 full bathrooms and 3 bedrooms, art studio/writers retreat...let your imagination run wild. Gorgeous design choices, center kitchen island, stainless appliances. North & South exposures let the sun shine in. Easy breezy parking in your 2 car attached garage with direct access to your home. Steps away from the Hollywood and Western metro station, restaurants and services. Super easy to show.

Last Agent to Sell the Property

Ryan Fitzgerald

Vylla Home, Inc. License #01240348 Listed on: 02/21/2018

Vylla Home, Inc.

Last Buyer's Agent

Daniel Cooley

Keller Williams Hollywood Hills License #02003378

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,897

Year Built

  • Built in 2014

Lot Details

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

HOA Fees

  • $118 Monthly HOA Fees

Property Views

  • City Lights
  • Canyon
  • Mountain
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 1,394 Sq Ft Home
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5544-001-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,897

Year Built

Built in 2014

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 1394
  • Year Built: 2014
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Closet, In Unit, Inside, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Stackable W/D Hookup, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 573.17

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon, City Lights, Hills, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Covered Parking, Direct Entrance, Door Opener, Driveway - Pavers, Garage - 2 Car, Parking for Guests - Onsite, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 118.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5544-001-040
  • Geocode Override: Yes
  • Lot Size Area: 1000

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 16, 2018
Sold by
Lam Andrew and Tsang Wing Yi
Bought by
Lam Andrew and Tsang Wing Yi
Seller's Agent
Ryan Fitzgerald
Vylla Home, Inc.
Buyer's Agent
Daniel Cooley
Keller Williams Hollywood Hills
List Price
$799,000
Sold Price
$808,000
Premium/Discount to List
$9,000
1.13%
Current Estimated Value
$1,102,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,308
Avg. Annual Appreciation
4.18%
Original Mortgage
$646,400
Outstanding Balance
$553,124
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$549,184

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 7, 2018
Sold by
Poon Linda Mei Lan
Bought by
Lam Raymond Chee Bun
Seller's Agent
Ryan Fitzgerald
Vylla Home, Inc.
Buyer's Agent
Daniel Cooley
Keller Williams Hollywood Hills
List Price
$799,000
Sold Price
$808,000
Premium/Discount to List
$9,000
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,400
Outstanding Balance
$553,124
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$549,184

Purchase Details

Listed on
Feb 21, 2018
Closed on
Feb 27, 2018
Sold by
Kao Yvonne Hsini and Kao Hsin Erica
Bought by
Lam Andrew and Tsang Wing Yi
Seller's Agent
Ryan Fitzgerald
Vylla Home, Inc.
Buyer's Agent
Daniel Cooley
Keller Williams Hollywood Hills
List Price
$799,000
Sold Price
$808,000
Premium/Discount to List
$9,000
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,400
Outstanding Balance
$553,124
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$549,184

Purchase Details

Closed on
Feb 24, 2015
Sold by
Beazer Homes Holdings Corp
Bought by
Kao Hsini and Kao Hsin Erika
Source: Public Records

Range of Values:

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Average Value
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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
Lam Andrew -- Accommodation
Lam Raymond Chee Bun -- Lawyers Title
Lam Andrew $808,000 Lawyers Title Company
Kao Hsini $680,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Raymond Chee Bun $646,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2018 03/22/18 Sold $808,000 +1.1% $580 / Sq Ft
02/14/2018 02/14/18 For Sale $799,000 -- $573 / 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 $10,897 $919,361 $578,014 $341,347
2024 $10,897 $901,335 $566,681 $334,654
2023 $10,682 $883,663 $555,570 $328,093
2022 $10,177 $866,337 $544,677 $321,660
2021 $10,051 $849,351 $533,998 $315,353
2019 $9,744 $824,160 $518,160 $306,000
2018 $8,718 $718,259 $401,380 $316,879
2016 $8,331 $690,370 $385,795 $304,575
2015 $3,447 $281,768 $281,768 $0
Source: Public Records

Agents Affiliated with this Home

  • 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

  • D

    Buyer's Agent in 2018

    Daniel Cooley

    Keller Williams Hollywood Hills

    Section Image
  • Travis Zidek

    Buyer Co-Listing Agent in 2018

    Travis Zidek

    Keller Williams Hollywood Hills

    (818) 732-5571

    1 in this area

    18 Total Sales

    Travis Zidek
    Section Image
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Map

Source: The MLS

MLS Number: 18-315122

The MLS

APN: 5544-001-040

California Los Angeles County Los Angeles 90028 Hollywood

5639 Observation Ln, Los Angeles, CA

This home is located at 5639 Observation Ln, Los Angeles, CA 90028 since 21 February 2018 and is currently estimated at $1,102,308, approximately $790 per square foot. This property was built in 2014. 5639 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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