5601 W Olympic Boulevard 301, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 2 bath
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5601 W Olympic Boulevard 301
Los Angeles, California 90036
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,470Sq Ft
10,467Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$931,589
SUMMARY
This Penthouse Condominium is a Strong Value Opportunity, listed at $950,000—positioned slightly above the $931,590 Fair Market Value. While not a discount play, the property offers a Condition Rating of 3, featuring a modern open-concept layout, central HVAC, and subterranean parking. The unit provides a unique "treehouse" lifestyle with lush green views and a quiet, back-corner location. With low-maintenance HOA benefits and proximity to diverse schooling options, this is an ideal acquisition for Owner-Occupants or urban professionals seeking a turnkey, private sanctuary in Los Angeles.
Estimated Market Value
$931,589
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5601 W Olympic Boulevard 301 Subject | $950,000* List Price | 3 | 2 | 1,470 | $634 | - |
A 5525 W Olympic Boulevard 302 Sold | $729,000 | 2 | 2 | 1,340 | $544 | 0.1 mi |
B 749 S Cloverdale Avenue 102 Sold | $1,005,000 | 2 | 3 | 1,610 | $624 | 0.4 mi |
C 637 S Fairfax Avenue 202 Sold | $825,000 | 2 | 2 | 1,130 | $730 | 0.7 mi |
D 750 S Spaulding Avenue 214 Sold | $845,000 | 2 | 2 | 1,433 | $590 | 0.4 mi |
E 750 S Spaulding Avenue 332 Sold | $840,000 | 2 | 2 | 1,323 | $635 | 0.4 mi |
F 750 S Spaulding Avenue 219 Sold | $830,000 | 2 | 2 | 1,305 | $636 | 0.4 mi |
G 927 S Sycamore Avenue Sold | $900,000 | 2 | 2 | 1,313 | $685 | 0.4 mi |
H 929 S Sycamore Avenue Sold | $1,049,000 | 2 | 2 | 1,487 | $705 | 0.4 mi |
I 600 S Ridgeley 113 Pending | $925,000 List Price | 2 | 3 | 1,220 | $758 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008 (approximately 18 years old), the property is well-maintained and move-in ready. The kitchen features functional white cabinetry and stainless steel appliances, and the unit includes modern systems like central HVAC and double-paned windows, fitting the 10-20 year age criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Penthouse Privacy
As a back-corner penthouse sharing only one wall and positioned away from the street, this unit offers a rare 'treehouse' tranquility and privacy not typically found in dense urban condo living.
- Modern Functional Design
The 2008 construction features a spacious open-concept layout, a chef-inspired kitchen with a center island, in-unit laundry, and central HVAC, providing contemporary comfort and convenience.
- Comprehensive HOA Benefits
The monthly association fee includes essential utilities such as gas, water, and trash, alongside subterranean two-car parking and pet-friendly policies, offering significant value and ease of ownership.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Low Elementary School Rating
The property is zoned for Wilshire Crest Elementary, which currently holds a low rating of 2/10, potentially limiting its appeal to families prioritizing top-tier public education.
- High-Traffic Location
Despite the unit's quiet positioning at the back of the building, the location on Olympic Boulevard is a major thoroughfare subject to significant traffic congestion and urban noise.
About 5601 W Olympic Boulevard 301
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, freshly painted with brand new carpet. Subterranean parking for 2 cars. No restrictions on pets. HOA includes water, sewer, trash, gas, and landscaping. Common area large courtyard offers expansive outdoor space. Central location close to the best of the city!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- 10,467 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $575.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wilshire Crest Elementary School
Grades K-5 • 0.4 mi
2/10
Hancock Park Elementary School
Grades K-5 • 1.0 mi
7/10
Carthay Center Elementary
Grades K-5 • 1.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,470 | 1,219.385 |
| Lot Size | 10,467 | 27,236.074 |
| Price | $950.0K | $800.2K |
| Price per sq ft | $646 | $650 |
| Built year | 2008 | 1979 |
| HOA | $575.0 | $685 |
| Days on market | 19 | 72 |
Pricing History
Listed for Sale
Aug 21, 2026
$950,000
Initial Listing
Sold
Jul 20, 2018
$925,000
Public Record
Sold
Jun 26, 2014
$680,000
Public Record
Sold
Aug 27, 2010
$520,000
Public Record