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$1,099,900 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,556 Sq. Ft.
  • 2 Car Garage
  • Updated 9 hours ago

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Open House: 1:30 PM - 4:00 PM

Sunday 6/7 1:30 PM - 4:00 PM

5627 W Observation Lane,Los Angeles, CA 90028

5627 W Observation LaneLos AngelesCA90028

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Located in the heart of Hollywood this sleek, modern townhome offers 3 full bedrooms with 2.5 bathrooms and bonus office. Built in 2015 and exquisitely maintained, this quiet coveted corner unit offers views of the Hollywood Hills and Griffith Observatory from your living room and master. Private balcony offers sunsets behind the historic California Bank from L.A. Confidential. This move-in ready home with low HOA measures 1,556? square feet and features builder/designer upgrades including: luxury stone tile and hardwood flooring, custom wood blinds, and quartz countertops. Upgrades also include security system, RO water system, touchless faucet, stainless appliances, recessed lighting, tankless water heater, and separate laundry closet. Moments to Jonathan Gold?s top Thai restaurant Jitlada, Know Where Bar, Harvard and Stone, Metro stops, The Pantages Theater, The Hollywood Palladium, comedy at UCB, and Netflix?s new flagship building. Arrive home in your private attached two car garage at The Gramercy!

Full Property Details for 5627 W Observation Ln

General

  • Price: $1,099,900
  • HOA FEE: $142/month
  • Status: Active
  • Type: Townhouse
  • Source: MRMLS
  • MLS ID: OC26118759
  • Updated: Today (6/3/2026)
  • Added to Site: Today

Interior

  • Rooms/Areas: Primary Bedroom, All Bedrooms Up, Office, Living Room, Family Room, Primary Bathroom
  • Fireplace(s): None

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Closet, Stackable, Washer Included, Dryer Included

Additional Information

  • Shared Amenities: Pets Permitted, Management, Maintenance Front Yard, Utilities, Maintenance Grounds
  • Pool Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Los Angeles
  • Driving Directions: Off of N Gramercy Place and between Hollywood Blvd and Franklin Ave

School Information

  • School District: Los Angeles Unified

Community

  • Community Features: Curbs, Biking, Hiking, Foothills, Street Lights, Urban, Sidewalks, Park
  • Assoc. Name: Gramercy at Hollywood

Heating & Cooling

  • Cooling Type: Central Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Townhouse
  • Common Walls: No Common Walls, End Unit
  • Entry Location: 1
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 1,556
  • Sq. Ft. Source: Assessor
  • Year Built: 2015
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 15

Lot Features

  • Property View: Mountain(s), City Lights, Hills, Canyon
  • Lot Size (Acres): 0.0585
  • Lot Size (Sq. Ft.): 2,550
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $706.88
  • Association Fee: $142
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed by JC Pacific Corp, Wanying Zhang

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Listing agent

— 5627 W Observation Ln —

  • Wanying Zhang

    JC Pacific Corp

heatherzhangwy@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5627 W Observation Ln

School District:Los Angeles Unified School District
NameGradesDistance
Grant Elementary School, Los Angeles, CA
1530 Wilton Place, Los Angeles, CA 90028
K-60.2 mi
Hollywood Senior High School
1521 Highland Avenue, Los Angeles, CA 90028
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5627 W Observation Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Listed
$1,099,900
3.76%
MLS
8/09/2021
Sold
$1,060,000
—
Public Record
Get Price Alerts and Save Property
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 for 5627 W Observation Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,585
3%
$1,124,879
4%
2023
$13,194
5%
$1,081,200
2%
2022
$12,574
12%
$1,060,000
13%
2021
$11,251
-1%
$939,634
1%
2020
$11,366
15%
$930,000
13%
2019
$9,896
1%
$825,332
2%
2018
$9,828
2%
$809,150
2%
2017
$9,611
104%
$793,285
106%
2016
$4,719
2%
$385,558
2%
2015
$4,622
—
$379,768
—
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 for 5627 W Observation Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by JC Pacific Corp, Wanying Zhang

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5627 W Observation Lane, Los Angeles, CA 90028 (MLS# OC26118759) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 5627 W Observation Lane is currently listed for $1,099,900 and was received on June 03, 2026. Want to learn more about 5627 W Observation Lane? Do you have questions about finding other Townhouse real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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