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5506 W Olympic Blvd, Los Angeles, CA 90036
$1,099,000
5506 W Olympic Blvd, Los Angeles, CA 90036View this property at 5506 W Olympic Blvd, Los Angeles, CA 90036
5506 W Olympic BlvdLos AngelesCA90036
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Property Description
Investment opportunity to purchase a newly constructed tri-level home. Tenant is on a month-to-month on a leased for $5,500.00/ per month. Property can be delivered vacant at close of escrow. Welcome to Maison 5, an exquisite collection of five brand new, individually titled Single Family Homes, each with its own APN, located in the heart of Los Angeles. Unit 5506 W Olympic is the 4th of the 5 with 2 bedrooms, 2.5 baths, and 1474 interior square feet. The home is currently occupied The area boasts iconic landmarks such as the art-deco-style Wilshire Ebell Theatre and the renowned Los Angeles County Museum of Art (LACMA), featuring a vast collection of art and artifacts from around the world. Mid-Wilshire is also a haven for food and shopping enthusiasts, with its plethora of restaurants, cafes, and boutiques catering to diverse tastes. From classic LA diners to trendy eateries and cozy coffee shops, Mid-Wilshire has something to offer everyone.
Full Property Details
Full Property Details for 5506 W Olympic Blvd
General
- Price: $1,099,000
- Status: Active
- Type: Single Family
- MLS ID: 23-288512
- Updated: 3/24/2024
- Added to Site: 300 day(s) ago
Interior
- Rooms/Areas: 2nd Story Family Room
- Furnishings: Furnished Or Unfurnished
- Flooring: Ceramic Tile, Wood Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Family Room: 1
- Laundry: In Carport
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Carbon Monoxide Detector(s)
- Other Features: None
Parking
- Garage Description: Covered Parking, Carport Attached
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: Corner of Cochran Ave and West Olympic Blvd
Heating & Cooling
- Cooling Type: Air Conditioning, Central
- Heating Type: Central
Structural Information
- Architectural Style: Contemporary
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 3
- Square Feet: 1,474
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 2023
- Year Built Source: Assessor
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, City Lights
- Lot Size (Acres): 0.0354
- Lot Size: 1543
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
- Lot Description: 5 + Lots
Financial Considerations
- Price Per Sq. Ft.: $745.59
- Other Fee Freq.: Monthly
- Assessment Year: 2023
Disclosures and Reports
- Disclosures/Reports: CC and R, As Is
- APN: 5085-010-026
Listed by Compass, Stephany Chen
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Schools
Schools serving 5506 W Olympic Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5241 W Olympic Blvd, Los Angeles, CA 90036 | K-5 | 0.3 mi | |
600 S McCadden Pl, Los Angeles, CA 90005 | 6-8 | 0.9 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5506 W Olympic Blvd
Date
Details
Price
Change
Source
10/03/2023
Price Reduced
$1,099,000
-1.7%
MLS
7/10/2023
Listed
$1,118,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5506 W Olympic Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,441
5%
$942,204
2%
2022
$10,906
50%
$923,730
51%
2021
$7,285
—
$610,236
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5506 W Olympic Blvd
5506 W Olympic Blvd, Los Angeles, CA 90036 (MLS# 23-288512) is a Single Family property with 2 bedrooms and 3 full bathrooms. 5506 W Olympic Blvd is currently listed for $1,099,000 and was received on July 10, 2023. Want to learn more about 5506 W Olympic Blvd? Do you have questions about finding other Single Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.