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5210 West Olympic Boulevard

5210 West Olympic Boulevard, Los Angeles, CA 90036
Multifamily in Olympic Park
Sold Apr 26, 2022
$5,250,000
$2,570,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Feb 17, 2015
$1,340,000
5210 West Olympic Boulevard in Los Angeles, CA was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 19 are bedrooms. In terms of bathrooms, there are a total of 20 full bathrooms. There are 20 partial bathrooms. 5210 West Olympic Boulevard has 13,401 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,941 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A-. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Feb 11, 2022 for $5,250,000. That's $391.76 per sqft. Prior to that sales transaction, the property was also sold in Oct 20, 2014 for $1,340,000. 5210 West Olympic Boulevard was last assessed in 2023. The total value of the property was assessed at $5,355,000. Specifically, the land the property is located on was valued at $3,060,000. While improvements on the property were assessed at a total of $2,295,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $41,528. The initial tax year of delinquency was in 2020. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 19
  • Bathroom Count: 20
  • Full Bathrooms: 20
  • Partial Bathrooms: 20
  • Building Quality: A-
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,941
  • Total Building Area: 13,401
  • Gross Building Area: 13,401
  • Building Area: 13,401
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 13,401
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 5070
  • Land Acres: 0.162
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TR=5070 FOR DESC SEE ASSESSORS MAPS POR OF LOT 148

Ownership

  • Current Owner : ADAPTIVE CORE 5210 LLC
  • Previous Owner : OLY PARTNERS LLC
  • Owner Before Previous Owner: ZIPP STEPHEN LOREN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216202

Zoning

  • Zoning: LAR3

Geography

  • Subdivision Tract Number: 5070
  • Parcel: 5084-011-035
  • Lot: 148
  • Municipality: WEST /MID-CITY
  • Latitude: 34.0569
  • Longitude: -118.343

    Address

  • Full Address: 5210 W Olympic Blvd
  • Address - House Number: 5210
  • Street Direction: W
  • Address - Street Name: Olympic
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C068
  • 4-Digit Zip Code: 5826
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,528
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 2,746,614
  • High Value: 3,066,482
  • Low Value: 2,426,745

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,570,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 26, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,355,000
  • Assessed Land Value: $3,060,000
  • Assessed Improvements Value: $2,295,000

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Transaction ID: 11886013240
  • Current Sale Price: $5,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 452203
  • Previous Sale Recording Date: Feb 17, 2015
  • Previous Sale Contract Date: Oct 20, 2014
  • Previous Sale Amount: $1,340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 26, 2022
  • First Mortgage Loan Amount: $2,570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5210 West Olympic Boulevard located in?
The 5210 West Olympic Boulevard is a multifamily located in the neighborhood of Olympic Park in Central LA, Los Angeles.
What is the average sales price for listings in 5210 West Olympic Boulevard?
The average sales price for units in 5210 West Olympic Boulevard is $0 currently.

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