NOT LISTED FOR SALE

5670 Wilshire Blvd Unit PH5 Los Angeles, CA 90036

Miracle Mile Neighborhood
2 Beds
2 Baths
1,663 Sq Ft
2.76 Acres

Highlights

  • City Lights View
  • Living Room with Fireplace
  • Elevator
  • 120,320 Sq Ft lot
  • Wood Flooring
  • 3-minute walk to Wilshire Green Park

About This Home

As of May 2018

Incredibly rare opportunity to live in the 1 of the 5 prestigious 5670 Wilshire Blvd penthouses. Located on the 26th floor of the 24 hr building, you have truly expansive views of the entire city. The updated 2 bed / 2 bath / 1,663 sq ft penthouse comes with modern finishes, hardwood floors, stainless steel appliances, glass-tiled backsplash & quartz kitchen countertops. Moving to the master suite, you have enormous walk-ins and double-basin master bath. The guest bedroom suite also features walk-in closets and full bath. Other features include in laundry room w/ storage, on-site mechanic and charging station, 24 hour security, 2 tandem secured parking, and the utmost in urban convenience with amenities such as Equinox, Whole Foods, LA Farmer's Market, The Grove, and the Museums of Miracle Mile only steps away. Sweeping views, total privacy & comfort in the middle of the city.

Last Agent to Rent the Property

Ariyan Afshar

Compass License #01753779 Listed on: 02/26/2018

Compass

Co-Listed By

J.T. Hivko

Compass License #02033567

Last Renter's Agent

Valeria Vazquez

Keller Williams Downtown LA License #01999772

Keller Williams Downtown LA

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,851,998

Year Built

  • Built in 1962

Lot Details

  • 2.76

Parking

  • 2 Parking Spaces

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,663 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $6,500
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 5089-007-021

Community Details

Overview

  • High-Rise Condominium
  • 27-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,851,998

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 6500
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: High or Mid-Rise Condo
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1663
  • Stories: 27
  • Year Built: 1962
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 3.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Subterr Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5089-007-021
  • Geocode Override: No
  • Lot Size Area: 120320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2017
Sold by
Trizec 5670 Wilshire Llc
Bought by
5670 Wilshire Owner Llc

Purchase Details

Closed on
Jun 24, 2016
Sold by
Cbs Broadcasting Inc
Bought by
Cbs Radio Inc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Arden Realty Finance Vii Llc
Bought by
Trizec 5670 Wilshire Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,479,854
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2005
Sold by
5670 Wilshire Lp
Bought by
Arden Realty Finance Vii Llc

Purchase Details

Closed on
Aug 1, 1998
Sold by
5670 Wilshire Gp Inc
Bought by
5670 Wilshire Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000,000
Interest Rate
6.88%
Mortgage Type
Commercial
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
5670 Wilshire Owner Llc $210,063,000 First American Title Ins Co
Cbs Radio Inc -- Accommodation
Trizec 5670 Wilshire Llc -- Landamerica
Arden Realty Finance Vii Llc -- Chicago Title Co
5670 Wilshire Lp -- First American Title Co
5670 Wilshire Gp Inc -- First American
5670 Wilshire Lp -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 5670 Wilshire Owner Llc $0
Previous Owner Trizec 5670 Wilshire Llc $85,000,000
Previous Owner Trizec 5670 Wilshire Llc $58,479,854
Previous Owner Lofts On Miracle Mile Lp $34,849,000
Previous Owner Trizec 5670 Wilshire Llc $58,479,854
Previous Owner 5670 Wilshire Lp $60,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Rented $5,000 0.0% --
04/23/2018 04/23/18 Price Changed $5,000 -23.1% $3 / Sq Ft
02/26/2018 02/26/18 For Rent $6,500 -- --
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 $2,851,998 $239,015,864 $91,026,354 $147,989,510
2024 $2,851,998 $234,329,279 $89,241,524 $145,087,755
2023 $2,796,154 $229,734,589 $87,491,691 $142,242,898
2022 $2,665,331 $225,229,990 $85,776,168 $139,453,822
2021 $2,631,815 $220,813,717 $84,094,283 $136,719,434
2020 $2,665,354 $218,549,545 $83,232,000 $135,317,545
2019 $2,558,502 $214,264,260 $81,600,000 $132,664,260
2018 $1,426,525 $115,910,208 $47,467,990 $68,442,218
2016 $1,360,942 $111,409,275 $45,624,751 $65,784,524
2015 $1,341,067 $109,735,805 $44,939,425 $64,796,380
2014 -- $110,660,126 $44,059,124 $66,601,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-317520

The MLS

APN: 5089-007-021