5627 Observation
Los Angeles, CA, 90028
$999,000
MLS: OC26213535
Beds
3
Baths
3
Sq Ft
1,556
Lot
0.06 ac
Year Built
2015
MLS #
OC26213535
Days on Market
14
Listed
Oct 1, 2026
Description
Hollywood Hills Views from a Corner Townhome at The Gramercy Set in the heart of Hollywood, this modern corner townhome pairs a quiet setting with some of the best views in the neighborhood. Built in 2015 and meticulously maintained, it offers 3 bedrooms, 2.5 baths, and a dedicated home office across approximately 1,556 sq ft. Wake up to the Hollywood Hills and Griffith Observatory, visible from both the living room and the primary suite. In the evening, step onto your private balcony to watch the sun set behind the historic California Bank building made famous in L.A. Confidential. Builder and designer upgrades are throughout: stone tile and hardwood floors, quartz countertops, stainless steel appliances, custom wood blinds, and recessed lighting. Everyday comforts include a tankless water heater, reverse-osmosis water filtration, a touchless kitchen faucet, a security system, and a separate laundry closet. A private attached two-car garage and a low HOA complete the package. Step outside and you're minutes from Jitlada, Harvard & Stone, Know Where Bar, UCB comedy, the Pantages Theatre, the Hollywood Palladium, Netflix's Hollywood headquarters, and multiple Metro stops. Move-in ready, with Hollywood at your doorstep.
Location
Los Angeles, Los Angeles County, CA 90028
Open on Google Maps ↗Listed by: Benjamin Cheng · Sender Realty, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,082
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $99,900 · Loan: $899,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,225
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
- HOA dues
- $142
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $34,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90028 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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