5601 W Olympic Boulevard 301, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 2 bath
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Los Angeles, California 90036
This penthouse unit represents a Strong Value Opportunity, listed at $999,000—positioned well below the $1,026,516 Fair Market Value by 2%. This valuation gap offers $27,516 in Instant Equity. Featuring a Good Condition Rating, this 3-bedroom residence offers a quiet, treehouse-like sanctuary with lush green views and a modern open-concept kitchen. While the immediate elementary school rating is low, the property provides proximity to several highly-rated schools. This is an ideal acquisition for Owner-Occupants seeking urban convenience or first-time buyers prioritizing lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5601 W Olympic Boulevard 301 Subject | $975,000* List Price | 3 | 2 | 1,470 | $680 | - |
A 749 S Cloverdale Avenue 102 Sold | $1,005,000 | 2 | 3 | 1,610 | $624 | 0.4 mi |
B 637 S Fairfax Avenue 202 Sold | $825,000 | 2 | 2 | 1,130 | $730 | 0.7 mi |
C 750 S Spaulding Avenue 219 Sold | $830,000 | 2 | 2 | 1,305 | $636 | 0.4 mi |
D 929 S Sycamore Avenue Sold | $1,049,000 | 2 | 2 | 1,487 | $705 | 0.4 mi |
E 600 S Ridgeley Drive 1 Sold | $925,000 | 2 | 3 | 1,150 | $804 | 0.5 mi |
F 5525 W Olympic Boulevard 302 Active Under Contract | $749,000 List Price | 2 | 2 | 1,340 | $559 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 16-year-old penthouse falls squarely into the 'Good' category. The kitchen and bathrooms feature well-maintained finishes including stainless steel appliances, stone countertops, and modern cabinetry that remain functional and move-in ready. The unit includes essential modern systems such as central HVAC and double-paned windows, showing no immediate need for major maintenance or renovation.
As a back-corner penthouse unit sharing only one wall and situated away from Olympic Boulevard, this property offers a rare, quiet 'treehouse' atmosphere with double-paned windows and lush green views.
Built in 2008, the unit features a contemporary open-concept layout with a chef’s kitchen, central HVAC, in-unit laundry, and two subterranean parking spaces, meeting the demands of modern urban living.
Situated in the heart of the Beverly Center-Miracle Mile area, the property provides residents with central access to Los Angeles' premier dining, shopping, and cultural landmarks.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10467, other record lot size in square feet = 10342.
While the area offers some high-performing schools, the immediate assigned elementary school has a low rating of 2, which may be a concern for families prioritizing public education.
Despite the unit's quiet positioning at the rear of the building, the location on Olympic Boulevard—a major Los Angeles thoroughfare—can present challenges with traffic congestion and street-level noise.
Penthouse back corner 3 bedroom 2 bathroom unit feels like a treehouse, set high at the top of the building and blocked from the busy street, surrounded by Juliette balconies, glass doors and windows with green views all around! Chic spacious crisp white kitchen with center island and stainless steel appliances opens to dining area and living room with fireplace. 3 large bedrooms with spacious closets, each with tons of natural light. Large laundry room in the unit. Built in 2009, the unit shares one wall only, has double paned windows, is on the opposite side far away from Olympic, and feels like an oasis with hardwood floors, central HVAC, abundant natural light. Subterranean parking for 2 cars. Common area large courtyard offers expansive outdoor space. Central location close to the best of the city! DELIVERED VACANT AT THE CLOSE OF ESCROW!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,470 | 1,243 |
| Lot Size | 10,467 | 24,016 |
| Price | $975.0K | $805.6K |
| Price per sq ft | $663 | $659 |
| Built year | 2008 | 1981 |
| HOA | $575.0 | $684 |
| Days on market | 47 | 71 |
Jul 10, 2026
$975,000
$999,000
-2% Price Drop
Initial Listing
Jun 5, 2026
$999,000
Initial Listing
Jul 20, 2018
$925,000
Public Record
Jun 26, 2014
$680,000
Public Record
Aug 27, 2010
$520,000
Public Record