NOT LISTED FOR SALE

5848 W Olympic Blvd Unit 106 Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $862,000 - $1,245,000

2 Beds
3.5 Baths
1,551 Sq Ft
0.29 Acres

Last Sold June 06, 2014

Last sale price $670,000 $432 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,184/month

13 Days on Market

Highlights

  • Dining Room with Fireplace
  • Contemporary Architecture
  • Elevator
  • Carthay Center Elementary School Rated 9+
  • Wood Flooring
  • Subterranean Parking

About This Home

As of June 2014

Location! location! location! This plush, split level town home is almost 1600 sq. ft. of quiet living. The unit is situated toward the rear of the building so never hear any street noise. This unit boasts a step down living room with high ceilings throughout! The dining room sits above the expansive living room making this home perfect for dinner parties or simply to entertain your guests. The second level consists of 2 bedrooms and 2.5 bathrooms with indoor washer and dryer for easy access. Master bedroom has a private en suite. High ceilings, recessed lighting and hardwood floors are only a few of it's many outstanding features. It is located walking distance to the best LA has to offer, LACMA (Los Angeles County Museum of Art) and the future Museum of Motion Picture and even better... the extension of the Metro Purple Line which will take your buyers straight to the West-side!! It does not get better than this...do not let your clients pass this one by!

Last Agent to Sell the Property

Gerardo Reyes

Keller Williams Larchmont License #01783004 Listed on: 04/09/2014

Keller Williams Larchmont

Last Buyer's Agent

Nina Chea

Keller Williams Larchmont License #01863392

Keller Williams Larchmont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,835

Year Built

  • Built in 1990

Lot Details

  • 0.29

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,551 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Room with Fireplace
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Subterranean Parking
  • Tandem Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5085-002-045

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 16 Units
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,835

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Olympic
  • Entry Floor: 1
  • Living Area: 1551
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1990
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 450.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean, Tandem

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 350.00

Lot Info

  • Assessor Parcel Number: 5085-002-045
  • Geocode Override: No
  • Lot Size Area: 12466

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
May 6, 2014
Sold by
Tai Paul L
Bought by
Hong Bong Pyo and Hong Mi Ae
Seller's Agent
Gerardo Reyes
Keller Williams Larchmont
Buyer's Agent
Nina Chea
Keller Williams Larchmont
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Current Estimated Value
$1,022,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,763
Avg. Annual Appreciation
3.79%
Original Mortgage
$528,000
Outstanding Balance
$401,493
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$621,270

Purchase Details

Listed on
Oct 24, 2011
Closed on
Dec 1, 2011
Sold by
Huang Daniel B
Bought by
Tai Paul L and Tai Tiana
Seller's Agent
Gerardo Reyes
Keller Williams Larchmont
Buyer's Agent
Simon L Chen
Century Pacific Group, Inc.
List Price
$479,000
Sold Price
$468,000
Premium/Discount to List
-$11,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.27%
Original Mortgage
$352,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2003
Sold by
Dukhan Vadim
Bought by
Huang Daniel B and Huang Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,200
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Kang John J
Bought by
Dukhan Vadim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1998
Sold by
Kang John J
Bought by
Kang John J and Kang Sandi S

Purchase Details

Closed on
Jan 13, 1998
Sold by
Hong Jung H
Bought by
Kang John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
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
Hong Bong Pyo $670,000 Fidelity
Tai Paul L $470,000 Advantage Title Inc
Huang Daniel B $438,000 Chicago Title
Dukhan Vadim $275,000 Chicago Title Insurance Co
Kang John J -- --
Kang John J $183,000 United Titlel
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Bong Pyo $528,000
Previous Owner Tai Paul L $352,500
Previous Owner Huang Daniel B $394,200
Previous Owner Dukhan Vadim $252,700
Previous Owner Kang John J $173,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2014 06/06/14 Sold $670,000 -4.1% $432 / Sq Ft
04/09/2014 04/09/14 For Sale $699,000 +49.4% $451 / Sq Ft
01/20/2012 01/20/12 Sold $468,000 -2.3% $302 / Sq Ft View Prior Sale
11/28/2011 11/28/11 Pending -- -- --
10/24/2011 10/24/11 For Sale $479,000 -- $309 / 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 $9,835 $821,316 $519,516 $301,800
2024 $9,835 $805,213 $509,330 $295,883
2023 $9,647 $789,426 $499,344 $290,082
2022 $9,198 $773,948 $489,553 $284,395
2021 $9,080 $758,773 $479,954 $278,819
2019 $8,806 $736,269 $465,719 $270,550
2018 $8,782 $721,834 $456,588 $265,246
2016 $8,395 $693,807 $438,859 $254,948
2015 $8,272 $683,386 $432,267 $251,119
2014 $6,005 $481,576 $214,250 $267,326
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Reyes

    Seller's Agent in 2014

    Gerardo Reyes

    Keller Williams Larchmont

    (310) 871-6421

    4 Total Sales

    Gerardo Reyes
    Section Image
  • Nina Chea

    Buyer's Agent in 2014

    Nina Chea

    Keller Williams Larchmont

    (310) 600-5673

    10 Total Sales

    Nina Chea
    Section Image

  • J

    Buyer Co-Listing Agent in 2014

    J.R. Davidson

    Keller Williams Larchmont

  • S

    Buyer's Agent in 2012

    Simon L Chen

    Century Pacific Group, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 14-751395

The MLS

APN: 5085-002-045

California Los Angeles County Los Angeles 90019 Miracle Mile

5848 W Olympic Blvd Unit 106, Los Angeles, CA

This home is located at 5848 W Olympic Blvd Unit 106, Los Angeles, CA 90036 since 09 April 2014 and is currently estimated at $1,022,763, approximately $659 per square foot. This property was built in 1990. 5848 W Olympic Blvd Unit 106 is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and ReJOYce In Jesus Christian School.

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