tomo logo

$908,000

Beds
2
Baths
2.5
sq ft
1,551

5848 W Olympic Blvd Unit 105, Los Angeles, CA 90036

5848 W Olympic Blvd Unit 105

Los Angeles, CA 90036

  • 22 days on market
This unit does NOT face Olympic. Welcome to your urban oasis in the heart of the city! 2-bedroom, 2.5-bathroom townhouse plus 3 outdoor spaces is a true gem, combining modern elegance with thoughtful design. As you enter, be greeted by the expansive high ceilings that elevate the entire living space, seamlessly connecting the open floorplan. The sunken living room is a focal point, featuring a charming fireplace and a convenient wet-bar with wine refrigerator- a perfect setting for both relaxation and entertaining. Step outside to the private yard/patio, a perfect extension of your living space and an ideal setting for gardening or outdoor entertaining. Channel your inner chef in the galley kitchen, featuring an abundance of cabinet space, stainless steel appliances, gas range and sleek granite countertops with matching backsplash. Venture upstairs to discover the expansive primary bedroom, a true retreat with not one but TWO CLOSETS (a walk-in and a reach-in) offering multiple options for storage. The ensuite primary bathroom is a spa-like haven, featuring a separate water closet, double vanity, rejuvenating garden tub, and oversized shower. Both bedrooms offer private balconies, creating personal outdoor spaces where you can unwind and enjoy the city breeze. Indoor washer and dryer have been thoughtfully tucked away upstairs for hassle free use. Convenience is key, and this townhouse comes with garaged parking (2 spaces tandem) for your peace of mind. Prime location - close proximity to Cedars Sinai, Beverly Hills, The Grove, West Hollywood, DTLA, nearby museums, and a diverse array of dining and shopping options. Convenience is key, and this townhouse comes with garaged parking (2 spaces tandem) for your peace of mind. Prime location - close proximity to Cedars Sinai, Beverly Hills, The Grove, West Hollywood, DTLA, nearby museums, and a diverse array of dining and shopping options. Experience the epitome of sophisticated city living! Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Fireplace may function but should be considered decorative only, seller will not address any deficiences if any exist. There are no warranties or guarantees, buyer is to rely solely on his/her/their own findings.

Details

Property type

Condominium

Est. home value

$976,722

Lot size

0.2863 acres

Price per sq ft

$586

Year built

1990

Monthly HOA fee

$575

Price History

10/30/2024
CLAW

CLAW #24458119

Listed
$908,000
+39.69%
01/08/2015
CLAW

CLAW #14785589

Sold
$650,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$354,920
Asking price
$908,000
Closing costs (~8% of asking)
-$72,640
Est. remaining loan balance
-$480,440
Cash to seller
$354,920

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mega Capital Funding Inc

Loan start date

June 2018

Original loan amount

$543,750

Est. remaining balance

$480,440

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Erica Ash and Maypearl Devoe Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 6:20 PM

Listing updated: 11/15/2024 at 6:55 PM

Listed by: Pila Jessie, KHORR Realty Phone #: (424) 512-2883

MLS: CLAW #24458119

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