Check Availability
$1,099,000
↓ $19K (1.7%)
House - For Sale

5506 W Olympic Blvd

Los Angeles, CA 90036
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1474 Sqft
$5,539
Estimated Monthly
$142
HOA / Fees
6.68%
Cap Rate

About This Property

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.

The manager has listed the unit size as 1474 square feet.
Unit Size
1,474Ft²
Days on Market
294 days
Land Size
0.04 acres
Price per sqft
$746
Property Type
House
Property Taxes
-
HOA Dues
$142
Year Built
2019
Last updated: 2 months ago (CLAWCA #288512)

Price History

Date / Event Date Event Price
Oct 4, 2023 Price Decreased $1,099,000
↓ $19K (1.7%)
Price Decreased
Jul 10, 2023 Listed by Compass $1,118,000
Listed by Compass

Property Highlights

Air Conditioning
With View

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,574 ft²
$826/ft²
$1,300,000 Jun 10, 2023
-
-
Townhouse
2 Beds
2.5 Baths
1,386 ft²
$649/ft²
$899,000 Jun 23, 2023
-
$620/mo
Condo
2 Beds
2 Baths
1,290 ft²
$720/ft²
$929,000 Jun 14, 2023
-
$695/mo
Multifamily
3 Beds
4 Baths
2,559 ft²
$508/ft²
$1,300,000 May 9, 2020
-
-
Multifamily
2 Beds
-
3,342 ft²
$296/ft²
$990,555 Aug 26, 2020
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5506 West Olympic Boulevard 5506 West Olympic Boulevard, Los Angeles, CA 90036
  • 1 Unit for Sale
More about this Building
5506 West Olympic Boulevard
Want to find out who owns 5506 West Olympic Boulevard, Los Angeles, CA 90036? Get detailed property transactions here .

About Central LA


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