5500 W Olympic Boulevard, Los Angeles, California 90036, Los Angeles, 90036 - 2 bed, 3 bath

5500 W Olympic Boulevard, Los Angeles, California 90036 home-pic-0
ACTIVE$1,039,000
5500 W Olympic Boulevard, Los Angeles, California 90036
2Beds
3Baths
1,446Sqft
1,670Lot
Year Built
2023
Close
-
List price
$1.04M
Original List price
$1.1M
Price/Sqft
$719
HOA
$142
Days on market
-
Sold On
-
MLS number
25536067
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.04M(4th), sqft - 1446(9th), beds - 2(9th), baths - 3(50th).

Motivated Sellers!! Discover Maison 5, an exclusive collection of five architecturally sophisticated single-family homes (each with its own APN) designed for modern urban living in the vibrant heart of Los Angeles. 5500 Olympic is the premiere residence in the collection, offering 2 bedrooms, 3 bathrooms, and 1,446 square feet of thoughtfully designed interior space. This tri-level home with modern finishes seamlessly blends luxury and functionality. The ground level welcomes you with a private 2-car garage and direct entry into a spacious foyer, offering convenience and privacy. On the second floor, the open-concept living and dining area is bathed in natural light and anchored by a sleek contemporary and spacious kitchen perfect for quiet mornings and lively entertaining. The upper level features two bedroom suites each with generous closet space. The second bedroom consists of its own bathroom and private balcony. The primary suite is a peaceful space designed for comfort and relaxation with its own en-suite bath. Located in Mid-Wilshire's Miracle Mile, Maison 5 offers unmatched access to cultural landmarks like LACMA, the Wilshire Ebell Theatre, and a vibrant array of restaurants, cafes, and boutiques. With its blend of architectural charm and modern sophistication, this tri-level home is a true gem in one of LA's most iconic neighborhoods.

Nearby schools

2/10
Wilshire Crest Elementary School
Public,K-50.3mi
7/10
Hancock Park Elementary School
Public,K-51.1mi
5/10
Carthay Center Elementary
Public,K-51.1mi
8/10
Third Street Elementary School
Public,K-51.3mi
7/10
John Burroughs Middle School
Public,6-80.8mi
4/10
Los Angeles Senior High School
Public,9-120.9mi
7/10
Fairfax Senior High School
Public,9-122.0mi

Price History

Date
Event
Price
06/23/23
Sold
$930,000
09/15/21
Sold
$5,550,000
02/19/15
Sold
$465,000
Condition Rating
Excellent

The property was built in 2023 and features modern finishes throughout, including a sleek kitchen and well-appointed bathrooms. The images show a high level of quality and no signs of deferred maintenance. The property is in excellent condition.
Pros & Cons

Pros

New Construction: Built in 2023, the property offers modern design and updated building codes, potentially reducing maintenance costs.
Prime Location: Located in the desirable Miracle Mile area of Mid-Wilshire, providing excellent access to cultural attractions, dining, and shopping.
Modern Design & Finishes: The tri-level home features contemporary finishes and an open-concept living space, appealing to modern tastes.
Private Garage: Includes a private 2-car garage with direct entry, offering convenience and security.
Motivated Sellers: The listing indicates motivated sellers, potentially creating an opportunity for negotiation.

Cons

Limited Bedrooms: Only 2 bedrooms, which may not be suitable for larger families or those needing extra space.
Price Reduction: The property has already undergone a price reduction, which could indicate challenges in the market or perceived value.
HOA Fees: Monthly HOA fees add to the overall cost of ownership.

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