
Los Angeles, California 90028
Analysis of 5627 W Observation Lane, Los Angeles, California 90028 is currently available with a list price of $1,099,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2015 (11 years old), the property falls into the 10-20 year age bracket. It is in well-maintained, move-in ready condition with a modern kitchen featuring quartz countertops and stainless appliances, updated bathrooms, and efficient systems like a tankless water heater.
Situated in the heart of Hollywood, the property offers exceptional walkability to iconic landmarks like the Pantages Theater, Netflix's flagship building, and top-tier dining, providing a vibrant urban lifestyle.
Built in 2015 and meticulously maintained, this move-in-ready home features high-end designer upgrades including quartz countertops, hardwood flooring, and a private two-car garage with a low HOA fee.
As a coveted corner unit, the home boasts stunning views of the Hollywood Hills and Griffith Observatory, complemented by a private balcony perfect for enjoying California sunsets.
With a lot size of only 2,550 square feet, the property lacks a traditional backyard, which may be a drawback for buyers with pets or those seeking significant outdoor recreational space.
Proximity to major entertainment venues and Metro stops suggests a high-traffic environment, which could result in elevated noise levels typical of a dense metropolitan setting.
Located in the heart of Hollywood this sleek, modern townhome offers 3 full bedrooms with 2.5 bathrooms and bonus office. Built in 2015 and exquisitely maintained, this quiet coveted corner unit offers views of the Hollywood Hills and Griffith Observatory from your living room and master. Private balcony offers sunsets behind the historic California Bank from L.A. Confidential. This move-in ready home with low HOA measures 1,556? square feet and features builder/designer upgrades including: luxury stone tile and hardwood flooring, custom wood blinds, and quartz countertops. Upgrades also include security system, RO water system, touchless faucet, stainless appliances, recessed lighting, tankless water heater, and separate laundry closet. Moments to Jonathan Gold?s top Thai restaurant Jitlada, Know Where Bar, Harvard and Stone, Metro stops, The Pantages Theater, The Hollywood Palladium, comedy at UCB, and Netflix?s new flagship building. Arrive home in your private attached two car garage at The Gramercy!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
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| Lot Size | - | - | 0% |
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| Built year | 2015 | - | 0% |
| HOA | $142.0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 3, 2026
$1,099,900
Initial Listing
Sep 3, 2021
$1,060,000
Public Record
Aug 1, 2019
$930,000
Public Record
Aug 28, 2015
$778,000
Public Record