NOT LISTED FOR SALE

5848 W Olympic Blvd Unit 107 Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $844,000 - $1,018,000

2 Beds
2.5 Baths
1,551 Sq Ft
0.29 Acres

Highlights

  • Gated Parking
  • Views of Trees
  • Living Room with Fireplace
  • Carthay Center Elementary School Rated 9+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2022

Fantastic rental opportunity in the heart of Miracle Mile! This spacious and newly renovated two-level 2 bedroom/2.5 bathroom townhouse style condo has a terrific open concept floor plan with beautiful high ceilings, gleaming hardwood floors, light filled floor to ceiling windows and a large & private patio courtyard with garden. The first floor features an entry area with powder room and storage closet, updated kitchen with breakfast bar, formal dining room, and expansive step down living room with fireplace. The living room, with large arched windows and 2 sets of sliding doors that open out on to the private patio, also includes a bar area with sink, making it a perfect entertainment space. Upstairs, the second level offers 2 roomy light and airy bedrooms, 2 bathrooms, and a laundry closet with side by side washer & dryer. The primary en-suite bedroom is outstanding with walk in closet, private balcony and a huge newly renovated spa-like bathroom with double vanity sinks, soaking tub and separate shower. The second bedroom is also large with walk-in closet and a private balcony. This unit is situated away from the street toward the rear of the building. Other features include Central AC & Heat with new Nest thermostat, stainless steel appliances, recessed lighting, subterranean gated parking for two cars, and additional on site guest parking. Conveniently located, with excellent walkability, close to Museums (LACMA, Tar Pits), The Original Farmer's Market/The Grove/Beverly Center, parks, playgrounds, renowned restaurants and world-class shopping. Classic and convenient LA living at it's best!

Last Agent to Rent the Property

Deborah Wolsh

Compass License #01903673 Listed on: 09/29/2022

Compass

Last Renter's Agent

Deborah Wolsh

Compass License #01903673 Listed on: 09/29/2022

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1990

Lot Details

  • 0.29

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,551 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Trees

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,950
  • Tenant pays for electricity, cable TV, gas
  • Rent includes water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5085-002-046

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,500

Year Built

Built in 1990

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Rent Includes: Water, Trash Collection
  • Security Deposit: 3950
  • Tenant Pays: Electricity, Cable TV, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1551
  • Lot Acreage: 0.2862
  • Year Built: 1990
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.55

Exterior Features

  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Gated Underground, Parking for Guests - Onsite, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Lot Info

  • Assessor Parcel Number: 5085-002-046
  • Lot Size Area: 12466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Stempel Martin and Stempel Joshua
Bought by
Enayati Mahrad and Weizenbluth Jessica
Current Estimated Value
$927,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$784,741
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$142,896
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
Enayati Mahrad $900,000 Consumers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enayati Mahrad $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Rented $3,950 0.0% --
10/12/2022 10/12/22 Under Contract -- -- --
09/29/2022 09/29/22 For Rent $3,950 -- --
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 $9,500 $918,000 $530,706 $387,294
2024 $9,500 $777,343 $310,937 $466,406
2023 $9,319 $762,102 $304,841 $457,261
2022 $8,886 $747,160 $298,864 $448,296
2021 $8,771 $732,510 $293,004 $439,506
2020 $4,520 $370,256 $100,238 $270,018
2019 $4,341 $362,997 $98,273 $264,724
2018 $4,322 $355,881 $96,347 $259,534
2016 $4,119 $342,063 $92,606 $249,457
2015 $4,058 $336,925 $91,215 $245,710
2014 $4,077 $330,326 $89,429 $240,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-204351

The MLS

APN: 5085-002-046