Seller's Agent in 2022
Richard Furstenberg
Furstenberg Realty
(909) 973-5959
2 in this area
82 Total Sales
5848 W Olympic Blvd Unit 101 Los Angeles, CA 90036
Miracle Mile NeighborhoodEstimated Value: $853,000 - $1,184,000
2
Beds
3
Baths
1,306
Sq Ft
$732/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Traditional Architecture
- High Ceiling
- Carthay Center Elementary School Rated 9+
- Wood Flooring
- Subterranean Parking
About This Home
As of January 2022As soon as the door opens and you walk in, you are immediately greeted to a unique and grand home flooded with tons of natural light in this architecturally stunning two-level showpiece in a 16 unit boutique building. A rare find in the highly desirable and centrally located Miracle Mile area of Los Angeles, this sharp, newer townhome lives like a single family residence. From the high ceilings downstairs to two spacious bedrooms upstairs and 2.5 baths, you will marvel at this terrific flowing floor plan! The first floor features: a gourmet kitchen w/upgraded black and stainless steel appliances and ample cabinet/counter space, Large, formal dining area leading to a spacious, step down living room w/ high ceilings and walls of glass, a beautiful fireplace, bar w/sink area, and sliding glass doors leading to a huge yard-like patio/entertainment area w/lush foliage and storage shed. Upstairs master en-suite offers a spacious living area with a HUGE walk-in closet. Large, private bathroom w/dual sinks, and separate shower/tub. There is a side-by-side washer/dryer area w/cabinet space in the upstairs hallway. The second bedroom upstairs offers ample living/closet space and is currently used as an office. Upstairs guest bathroom is also off the hallway. Beautiful, upgraded carpeting and hardwood floors thru out, custom window treatment thru-out, recessed lights, and central air. Subterranean gated parking/two car/tandem. Excellent walkability in the heart of Miracle Mile. LACMA, The Original Farmer's Market/The Grove, renowned Restaurants and world-class shopping. No need to preview, this one is IMMACULATE and ready to go! TO SHOW IS TO SELL!
Last Agent to Sell the Property
Furstenberg Realty License #01181680 Listed on: 10/09/2021
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $11,581
Year Built
- Built in 1990
Lot Details
- 1 Common Wall
- Density is up to 1 Unit/Acre
HOA Fees
- $515 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Tandem Garage
Home Design
- Traditional Architecture
- Turnkey
Interior Spaces
- 1,306 Sq Ft Home
- Open Floorplan
- Wet Bar
- Built-In Features
- High Ceiling
- Recessed Lighting
- Custom Window Coverings
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
Community Details
- Master Insurance
- 16 Units
- Olympic Association, Phone Number (909) 973-5959
- Maintained Community
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 46663
- Assessor Parcel Number 5085002040
- $146 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2003
Sold by
Doustdar Ramin
Bought by
Doustdar Ramin and Ramin Doustdar 2003 Revocable
Current Estimated Value
Purchase Details
Closed on
Apr 7, 1999
Sold by
Otrin Pamelita S
Bought by
Doustdar Ramin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Outstanding Balance
$44,338
Interest Rate
6.75%
Estimated Equity
$911,896
Purchase Details
Closed on
Mar 17, 1998
Sold by
Otrin Robert J
Bought by
Otrin Pamelita S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,450
Interest Rate
7.02%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 6, 1998
Sold by
Schiff Tracy A and Mynhier Tracy Schiff
Bought by
Otrin Pamelita S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,450
Interest Rate
7.02%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Doustdar Ramin | -- | -- | |
| Doustdar Ramin | $229,000 | -- | |
| Otrin Pamelita S | -- | Equity Title | |
| Otrin Pamelita S | $179,500 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Doustdar Ramin | $183,200 | |
| Previous Owner | Otrin Pamelita S | $170,450 | |
| Closed | Doustdar Ramin | $22,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/11/2022 01/11/22 | Sold | $905,000 | -0.5% | $693 / Sq Ft |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 11/08/2021 11/08/21 | Price Changed | $909,999 | +4.0% | $697 / Sq Ft |
| 10/09/2021 10/09/21 | For Sale | $875,000 | -- | $670 / 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 | $11,581 | $960,391 | $636,299 | $324,092 |
| 2024 | $11,454 | $941,561 | $623,823 | $317,738 |
| 2023 | $11,233 | $923,100 | $611,592 | $311,508 |
| 2022 | $4,022 | $338,277 | $81,681 | $256,596 |
| 2021 | $3,963 | $331,645 | $80,080 | $251,565 |
| 2019 | $3,843 | $321,809 | $77,705 | $244,104 |
| 2018 | $3,825 | $315,500 | $76,182 | $239,318 |
| 2016 | $3,646 | $303,251 | $73,225 | $230,026 |
| 2015 | $3,592 | $298,697 | $72,126 | $226,571 |
| 2014 | $3,610 | $292,847 | $70,714 | $222,133 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Furstenberg
-
Isadore Hall
I
Buyer's Agent in 2022
Isadore Hall
NextHome Bella Properties
(310) 505-4490
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21224545
APN: 5085-002-040
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