5627 West Observation Lane

Los Angeles, CA 90028

Last Sold Price
1/2 Bath
1,556 Sq. Ft.
$598 / Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 5627 West Observation Lane

MLS #PF19139607
Year Built2015
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Lot Size0.06 AC / 2,550 SF
Condo/Co-op Fees-
HOA Fees$118 / month
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Property Details for 5627 West Observation Lane

Architectural Style
Contemporary, Modern
Canyon, City Lights, Hills, Mountain(s)
Parking Spaces Total
Private Pool
Cooling Type
Central Air


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!


Listing Courtesy of COMPASS, Cameron Stephens, DRE #02073007; COMPASS, Tom Flanagan, DRE #01330299

Listing Agents

  1. Cameron Stephens

    Listing Agent


    DRE #02073007

  2. Tom Flanagan

    Alternative Listing Agent


    DRE #01330299

Building Information for 5627 West Observation Lane

Stories3Residences-Year Built2015Lot Size0.06 AC / 2,550 SF

Payment Calculator

$3,463 per month

30 year fixed, 3.51% Interest

Principal and Interest


Property Taxes

HOA Dues


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Property Information for 5627 West Observation Lane

Property Features
    Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Water Purifier
  • Common Walls: End Unit, No Common Walls
  • Eating Area: Dining Room, In Kitchen
  • Fireplace: No
  • Fireplace Features: None
  • Flooring Type: Tile, Wood
  • Heating Type: Central
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom, Office
  • Room Kitchen Features: Quartz Counters
  • Room Bathroom Features: Shower in Tub, Double Sinks In Master Bath, Upgraded
  • View: Yes
    Exterior Features
  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Features: None
  • Window Features: Blinds, Double Pane Windows
    Parking Info
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, On Site, Side by Side
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Parcel Number: 5544001046
  • Property Attached: No
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Stories Total: 3
  • Year Built: 2015
  • Year Built Source: Seller
    Measurements / Dimensions
  • Living Area: 1556
Community/Development / Location Info
    School/Location Info
  • High School District: Los Angeles Unified
  • County Or Parish: Los Angeles
  • Directions: Off of N Gramercy Place and between Hollywood Blvd and Franklin Ave
  • MLS Area Major: Hollywood (C20)
    Association Information
  • Association: Yes
  • Community Features: Biking, Curbs, Foothills, Hiking, Park, Sidewalks, Street Lights, Urban
  • Association Amenities: Maintenance Grounds, Pets Permitted
  • Association Name: The Gramercy
  • Association Fee: $118.00
  • Association Fee Frequency: Monthly
  • Association Phone: (310) 694-0600
  • Number Of Units In Community: 32
  • Occupant Type: Owner
  • Senior Community: No
  • AssociationManagementName: PMP Management
  • Sign on Property: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Assessments: None
  • Assessments: No
  • Tax Census Tract: 1903.01
  • Tax Lot: TR=6
  • Tax Tract Number: 65610
  • Zoning: LAR3
    Expense Details
  • Security Features: Security System
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Rental Info
    Rental Info
  • Lease Considered: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Size Acres: .06
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2550
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 5627 West Observation Lane

DateEvent & SourcePriceAppreciation
Aug 1, 2019Sold

CRMLS #PF19139607

Jun 21, 2019Pending

CRMLS #PF19139607

May 17, 2019Listed (Active)

CRMLS #PF19139607

DateEvent & SourcePrice

CRMLS #PF19139607


CRMLS #PF19139607

Listed (Active)

CRMLS #PF19139607


For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5627 West Observation Lane

Citizens of the World Charter Schools - Silver LakeCharterK-40.1 mi
Grant Elementary SchoolPublicK-60.2 mi
Immaculate Heart High And Middle SchoolPrivate6-120.3 mi
STEM Academy at Bernstein HighPublic9-120.5 mi

Citizens of the World Charter Schools - Silver Lake

K-4, 0.1 mi, Charter


Grant Elementary School

K-6, 0.2 mi, Public


Immaculate Heart High And Middle School

6-12, 0.3 mi, Private


STEM Academy at Bernstein High

9-12, 0.5 mi, Public


School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of COMPASS, Cameron Stephens, DRE #02073007; COMPASS, Tom Flanagan, DRE #01330299
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