900 W Olympic Boulevard 32f, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 2 bath

900 W Olympic Boulevard 32f, Los Angeles, California 90015 home-pic-0
ACTIVE$925,000$1,030/sqft
900 W Olympic Boulevard 32f, Los Angeles, California 90015
1Bed
2Baths
1,030Sqft
399,281Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: The residence boasts sweeping, unobstructed panoramic views spanning from the Pacific Ocean to the Hollywood Hills, Griffith Observatory, and the Hollywood Sign, offering stunning daylight, sunset, and city light vistas from its coveted west-facing 32nd-floor position.
Top Cons:
Substantial Monthly Association Fees: The property carries a significant monthly association fee of $2,148, which adds a considerable ongoing cost to homeownership and may impact affordability for some potential buyers.

Compared to the nearby listings

Price:$925.0K vs avg $560.0K (+$365,000)70%
Size:1,030 sqft vs avg 990 sqft51%
Price/sqft:$898 vs avg $60491%

More Insights

Built in 2010 (16 years old).
Condition: This property, built in 2010, has undergone a significant and recent renovation, described as 'remodeled and highly upgraded' with approximately $100,000 in designer details. The images confirm wide-plank flooring, modern light fixtures with gold and black accents, and custom sleek gray kitchen cabinetry (as described). The visible bathroom features a contemporary vanity and modern fixtures, appearing in excellent condition. The overall aesthetic is current, high-end, and virtually new, with no visible signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
Year Built
2010
Close
-
List price
$925K
Original List price
$809K
Price/Sqft
$898
HOA
$2,148
Days on market
-
Sold On
-
MLS number
25615059
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark, Mountain(s), Ocean, Panoramic
ViewCity Lights,Hills,Landmark,Mountain(s),Ocean,Panoramic

About this home

LOWEST PRICED OFFERING AT THE RITZ CARLTON, OFFERS ARE COMING IN - Priced to sell, this is a rare opportunity that commands immediate attention and is no doubt the most compelling 1 bedroom offering at this prestigious and popular building. Live above it all in one of Los Angeles' most sophisticated addresses. Perched on the 32nd floor of the iconic Ritz-Carlton Residences, this chic remodeled and highly upgraded residence defines modern luxury living. From the moment you step inside, you are greeted by walls of glass that frame sweeping, unobstructed vistas from the shimmering Pacific Ocean to the majestic mountain ranges, the legendary Hollywood Hills, Griffith Observatory, and the Hollywood Sign. Facing west, this residence claims the building's most coveted orientation, offering breathtaking daylight panoramas, dramatic sunsets, and a dazzling city skyline at night. The interior has been thoughtfully reimagined with designer details and timeless finishes at approximately $100,000 that include custom wood beams, striking gold and black accents and lighting, wide-plank flooring, and soaring ceilings that enhance the sense of volume and light. The custom sleek gray kitchen cabinetry complements the open layout, while a reconfigured floor plan now features a valuable additional walk-in closet in the bedroom, maximizing storage and functionality. Conceived by world-renowned Gensler and developed by AEG, The Ritz-Carlton Residences provide an unmatched lifestyle of refinement and ease. Residents enjoy five-star, white-glove services including 24-hour concierge, valet, doorman, security, housekeeping, and access to the Ritz-Carlton's signature spa and dining venues. Amenities include a resort-style rooftop saltwater pool with private cabanas and bar service, state-of-the-art fitness facilities, and more. Set in the heart of the city's most vibrant district, you are just steps from award shows, world-class concerts, major sporting events, and acclaimed restaurants. A true sanctuary in the sky, this residence includes one valet parking space and one storage unit. Experience the height of sophistication and the ultimate in city living. Square footage is estimated per the mls. OFFERS WILL CONTINUE TO BE COLLECTED AND WILL BE REVIEWED UPON RECEIPT. Once it's gone, there likely will not be another like it.

Y
Yvonne Neustadter
Listing Agent

Price History

Date
Event
Price
03/01/21
Sold
$920,000
07/20/12
Sold
$1,890,018
Condition Rating
Excellent

This property, built in 2010, has undergone a significant and recent renovation, described as 'remodeled and highly upgraded' with approximately $100,000 in designer details. The images confirm wide-plank flooring, modern light fixtures with gold and black accents, and custom sleek gray kitchen cabinetry (as described). The visible bathroom features a contemporary vanity and modern fixtures, appearing in excellent condition. The overall aesthetic is current, high-end, and virtually new, with no visible signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
Pros & Cons

Pros

Panoramic Views: The residence boasts sweeping, unobstructed panoramic views spanning from the Pacific Ocean to the Hollywood Hills, Griffith Observatory, and the Hollywood Sign, offering stunning daylight, sunset, and city light vistas from its coveted west-facing 32nd-floor position.
Five-Star Luxury Services & Amenities: Located in the iconic Ritz-Carlton Residences, residents benefit from unparalleled five-star, white-glove services including 24-hour concierge, valet, doorman, security, housekeeping, and access to a resort-style rooftop saltwater pool, private cabanas, and state-of-the-art fitness facilities.
Extensive High-End Interior Upgrades: The unit features approximately $100,000 in recent, thoughtful upgrades, including custom wood beams, designer lighting, wide-plank flooring, soaring ceilings, sleek custom kitchen cabinetry, and a reconfigured floor plan with an additional walk-in closet, defining modern luxury living.
Prime Downtown Los Angeles Location: Situated in the heart of a vibrant district, the property offers immediate access to world-class entertainment venues, major sporting events, acclaimed restaurants, and cultural attractions, providing an ultimate urban living experience.
Competitive Pricing within Building: Positioned as the 'lowest priced offering' and 'most compelling 1 bedroom offering' at the prestigious Ritz-Carlton, this unit presents a rare opportunity for buyers seeking luxury living at a competitive entry point within the building.

Cons

Substantial Monthly Association Fees: The property carries a significant monthly association fee of $2,148, which adds a considerable ongoing cost to homeownership and may impact affordability for some potential buyers.
Single Bedroom Configuration: As a one-bedroom unit, the property's appeal is limited to individuals or couples, potentially narrowing the prospective buyer pool compared to units with more bedrooms.
Estimated Square Footage: The square footage is noted as 'estimated per the MLS,' which could introduce a slight degree of uncertainty for buyers regarding the exact usable living space.
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