NOT LISTED FOR SALE

5848 W Olympic Blvd Unit 302 Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $864,000 - $1,240,000

2 Beds
2.5 Baths
1,356 Sq Ft
$515/mo HOA Fee

Last Sold August 20, 2021

Last sale price $905,000 $667 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,603/month

9 Days on Market

Highlights

  • Unit is on the top floor
  • Rooftop Deck
  • Automatic Gate
  • Carthay Center Elementary School Rated 9+
  • Primary Bedroom Suite
  • City Lights View

About This Home

As of August 2021

Walk in and immediately feel moved by the grand space and light in this architecturally stunning top floor NW corner unit. A two-level showpiece in a 16 unit boutique building with city lights and mountain views that span all the way from Century to the Hollywood Hills. Afternoons are graced with tranquil golden light that spills in from multiple oversized windows. Wood floors throughout with soaring vaulted ceilings and exposed beams add a chic and timeless quality to this 2bd+3ba layout. Primary suite with ample closets, sparkling bathroom with dual vanity, soaking tub and separate shower. The upper bedroom with ensuite bathroom is light, private and spacious. A pristine remodeled kitchen with breakfast bar opens to the lofty dining area and is lovingly appointed with designer paint, elegant quartz countertops and new appliances. A treasured highlight of this unit is a sizable private rooftop deck large enough to entertain in. Upgrades and key features include: New Nest system, New stackable W/D, New Wine fridge and Keyless entry door with touch pad door lock. Secure gated parking for two. Excellent walkability in the heart of Miracle Mile. LACMA, The Original Farmer's Market/The Grove, renowned Restaurants and world-class shopping. Offers due Wednesday 7/21/21 by 5pm.

Last Agent to Sell the Property

Judy Lee

Compass License #01899076 Listed on: 07/15/2021

Compass

Co-Listed By

Trevor Levin

Nourmand & Associates-BW License #01897050

Last Buyer's Agent

Media Moussavy

The Agency License #01946821

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,373

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 0.29

HOA Fees

  • $515 Monthly HOA Fees

Property Views

  • City Lights
  • Trees
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Turnkey

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Powder Room
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Automatic Gate
  • Guest Parking

Outdoor Features

  • Living Room Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Additional Features

  • North Facing Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 5085-002-050

Community Details

Overview

  • 16 Units
  • Association Phone (818) 209-4775
  • Low-Rise Condominium

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,373

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two, Top Level
  • Street Number Display: Yes
  • Complex Name: Stanley Plaza HOA
  • Entry Floor: 3
  • Living Area: 1356
  • Lot Acreage: 0.2862
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 1990
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Laundry - Closet Stacked, Living Room Balcony, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Two Story Ceilings, Turnkey
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Gas
  • Flooring: Wood
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 626.84

Exterior Features

  • Balcony: 4
  • Direction Faces: North
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Patio: Roof Top Deck, Balcony
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean, Subterr Tandem, Assigned, Gated Underground, Parking for Guests
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector, Card/Code Access
  • Sewer: In Street

Association/Amenities

  • Amenities: Elevator, Controlled Access, Gated Parking, Guest Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 515.00
  • Phone: 8182094775|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5085-002-050
  • Lot Size Area: 12466

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 7, 2015
Sold by
Aldo Services Inc
Bought by
Leonard Terry and Leonard Lindsey
Seller's Agent
Max Nelson
Sotheby's International Realty
Buyer's Agent
Ben Belack
The Agency
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%
Current Estimated Value
$980,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,145
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Jul 2, 2015
Sold by
Arnold Merle H and Dickey Daniel S
Bought by
Aldo Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.85%
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
Leonard Terry $730,000 Ticor Title Company
Aldo Services Inc $510,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldo Services Inc $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $905,000 +6.5% $667 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $850,000 +16.4% $627 / Sq Ft
10/19/2015 10/19/15 Sold $730,000 +4.4% $538 / Sq Ft View Prior Sale
09/19/2015 09/19/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $699,000 -- $515 / 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 $11,373 $960,391 $674,715 $285,676
2024 $11,373 $941,561 $661,486 $280,075
2023 $11,203 $923,100 $648,516 $274,584
2022 $10,631 $905,000 $635,800 $269,200
2021 $9,451 $798,358 $360,901 $437,457
2020 $9,548 $790,173 $357,201 $432,972
2019 $9,164 $774,681 $350,198 $424,483
2018 $9,138 $759,492 $343,332 $416,160
2016 $8,734 $730,000 $330,000 $400,000
2015 $4,015 $333,982 $91,215 $242,767
2014 $4,033 $327,441 $89,429 $238,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-754028

The MLS

APN: 5085-002-050