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5627 W Observation LaneLos Angeles, CA 90028

Condo/Townhouse · 3 Beds · 2 Full Baths · 1 Half Bath · 1,556 Sq. ft. | 0.06 Acres
$1,099,900 Active

5627 W Observation Lane Overview

Time on Site:
26 days
Visits:
0

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!

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5627 W Observation Lane Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,556
  • Price/Sq.ft. $707
  • Lot 0.06 Acres

Details

General

Association/HOA

  • Association Amenities: Maintenance Grounds,Management,Maintenance Front Yard,Pets Allowed,Utilities
  • Association Fee: 142.0
  • Association Fee Frequency: Monthly
  • Association Name: Gramercy at Hollywood
  • Association: Yes
  • Common Interest: Planned Development

School Information

  • School District: Los Angeles Unified

Building Information

  • New Construction: No
  • Year Built: 2015

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Biking,Curbs,Foothills,Hiking,Park,Street Lights,Sidewalks,Urban
  • Number Of Units In Community: 15

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 5544001046
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3

General Information

  • Appliances: Dryer,Washer
  • Common Walls: End Unit,No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: All Bedrooms Up
  • Laundry Features: Laundry Closet,Stacked
  • Levels: Three Or More
  • Living Area: 1556.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Stories Total: 3

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 2550.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2550.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    5627 W Observation Lane Neighborhood

    Community

    90028 (Los Angeles) Demographics

    36
    Median Age
    20,590
    Population Density (per sq. mile)
    56%
    College Educated
    $50,253
    Estimated Median Income
    829
    Estimated Total Home Owners
    16,285
    Estimated Total Renters
    5% / 95%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    5627 W Observation Lane Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    5627 W Observation Lane Market Data

    Based on the last 30 days in this zip code

    $1,019,857
    Average List Price
    $679
    Average Price per Square Foot
    2
    Properties Sold
    118
    Average Days on Market
    179
    Properties for Sale
    Calculations provided by Reliance Network

    5627 W Observation Lane History

    Date Event Value Agent
    6/3/2026Source: CRMLS Added to Database
    June 03, 2026
    10/18/2022Source: CRMLS Added to Database
    October 18, 2022
    9/24/2022Source: CRMLS Added to Database
    September 24, 2022
    Listing provided courtesy of JC Pacific CorpWanying Zhang- MLS# OC26118759MLS ProviderContact Information: [email protected] - 949-245-6226