NOT LISTED FOR SALE

5848 W Olympic Blvd Unit 307 Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $812,000 - $880,000

2 Beds
3 Baths
1,104 Sq Ft
$515/mo HOA Fee

Last Sold February 22, 2021

Last sale price $800,000 $725 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,930/month

26 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Cathedral Ceiling
  • Carthay Center Elementary School Rated 9+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2021

Sharp, newer townhome in the desirable Miracle Mile area of Los Angeles. This highly upgraded two bed (master + loft), and two highly upgraded bathrooms will definitely appease the most discriminating buyer that demands, location, high ceilings, walls of glass, natural light, and beautiful upgrades thru out. This two-story condominium is perfect for anyone that wants to live in a centrally located area in Los Angeles. The first floor features vaulted ceilings and expansive windows which offers an open and airy feel. The first floor features a gourmet kitchen (upgraded stainless steel appliances, custom cabinetry and ample storage space, granite counters and upgraded back splash, dining area, spacious living room w/ vaulted ceilings, fireplace, balcony, and master en-suite with a beautiful bathroom w/dual sinks, custom tiled walk in shower, and ample closet space and laundry room The second bedroom (loft) and roof top deck are located on the second floor. Upgrades include: beautiful hardwood floor-like floors thru out, recessed lights and chic lighting fixtures, custom window treatments, a wine refrigerator in the kitchen, fully integrated Nest thermostat, designer light fixtures, central air, convenient electronic door system which adds security, yet, ease when allowing someone to enter and come visit. Subterranean gated parking/two car/tandem. No need to preview, this one is immaculate and ready to go! TO SHOW IS TO SELL!

Last Agent to Sell the Property

Richard Furstenberg

Furstenberg Realty License #01181680 Listed on: 01/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,265

Year Built

  • Built in 1990

Lot Details

  • 0.29

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,104 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Laundry Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46663
  • Assessor Parcel Number 5085002055

Community Details

Overview

  • 24 Units
  • Wilshire Association, Phone Number (909) 973-5959
  • Olympic HOA

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,265

Year Built

Built in 1990

Lot Details

0

HOA Fees

$515 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5085002055
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1104.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s)
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 724.64
  • Room Type: Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Security
  • Association Fee: 515.00
  • Association Fee Frequency: Monthly
  • Association Name: wilshire
  • Phone: 9099735959
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: OLYMPIC

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12466.00
  • Lot Size Acres: 0.2862

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12466.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 16

Tax Info

  • Tax Census Tract: 2163.00
  • Tax Lot: 1
  • Tax Tract Number: 46663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 22, 2021
Sold by
Lee Chung Nam and Lee Hwa
Bought by
Costa Jennifer
Seller's Agent
Richard Furstenberg
Furstenberg Realty
List Price
$699,999
Sold Price
$800,000
Premium/Discount to List
$100,001
14.29%
Current Estimated Value
$843,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,447
Avg. Annual Appreciation
2.14%

Purchase Details

Listed on
Sep 14, 2012
Closed on
Oct 26, 2012
Sold by
Lee Chung Nam and Lee Hwa
Bought by
Lee Chung Nam and Lee Hwa
Seller's Agent
Helen Haeran Lee
Ivy Realty Co.
Buyer's Agent
Chris Lee
Redpoint Realty
Sold Price
$2,250

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jun 11, 2012
Sold by
Lee Seung Yeon
Bought by
Lee Chung Nam and Lee Hwa
Seller's Agent
Robby Kang
RK Estate
Buyer's Agent
Helen Haeran Lee
Ivy Realty Co.
List Price
$368,000
Sold Price
$348,000
Premium/Discount to List
-$20,000
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$175,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Kim Nathan In Sub
Bought by
Lee Seung Yeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Heineman Heidi
Bought by
Lee Seung Yeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2003
Sold by
Cook Maria Ann
Bought by
Heineman Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2000
Sold by
Sipos Mary B
Bought by
Cook Maria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
10.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Costa Jennifer $795,000 First American Title Company
Lee Chung Nam -- None Available
Lee Chung Nam $348,000 Ticor Title
Lee Seung Yeon -- Equity Title Company
Lee Seung Yeon $585,000 Equity Title Company
Heineman Heidi -- Stewart Title Of Ca Inc
Cook Maria Ann $240,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Chung Nam $175,000
Previous Owner Lee Seung Yeon $468,000
Previous Owner Heineman Heidi $173,500
Previous Owner Heineman Heidi $143,550
Previous Owner Heineman Heidi $287,200
Previous Owner Cook Maria Ann $204,000
Closed Heineman Heidi $53,850
Closed Lee Seung Yeon $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $800,000 0.0% $725 / Sq Ft
01/20/2021 01/20/21 Price Changed $799,888 +3.1% $725 / Sq Ft
01/18/2021 01/18/21 Price Changed $775,888 +3.6% $703 / Sq Ft
01/17/2021 01/17/21 Price Changed $748,888 +2.7% $678 / Sq Ft
01/11/2021 01/11/21 Price Changed $728,888 +4.1% $660 / Sq Ft
01/08/2021 01/08/21 For Sale $699,999 0.0% $634 / Sq Ft
08/30/2013 08/30/13 Rented $2,250 -6.3% --
08/30/2013 08/30/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $2,400 +6.7% --
10/18/2012 10/18/12 Rented $2,250 0.0% --
10/18/2012 10/18/12 Under Contract -- -- --
09/14/2012 09/14/12 For Rent $2,250 0.0% --
07/19/2012 07/19/12 Sold $348,000 -5.4% $315 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $368,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,265 $860,530 $591,331 $269,199
2024 $10,265 $843,658 $579,737 $263,921
2023 $10,068 $827,117 $568,370 $258,747
2022 $9,599 $810,900 $557,226 $253,674
2021 $4,789 $395,894 $122,407 $273,487
2020 $4,837 $391,835 $121,152 $270,683
2019 $4,645 $384,153 $118,777 $265,376
2018 $4,628 $376,622 $116,449 $260,173
2016 $4,421 $361,999 $111,928 $250,071
2015 $4,357 $356,562 $110,247 $246,315
2014 $4,378 $349,579 $108,088 $241,491
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21004335

California Regional Multiple Listing Service (CRMLS)

APN: 5085-002-055