5627 W Observation Lane
Los Angeles, CA, 90028
$1,099,900
MLS: OC26118759
Beds
3
Baths
3
Sq Ft
1,556
Lot
0.06 ac
Year Built
2015
MLS #
OC26118759
Days on Market
13
Listed
Jun 3, 2026
Description
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!
Location
Los Angeles, Los Angeles County, CA 90028
Open on Google Maps ↗Listed by: Wanying Zhang · JC Pacific Corp
Payment estimate
$8,270
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $109,990 · Loan: $989,910
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,270
- Property tax (1.25%)
- $1,146
- Homeowners insurance
- $300
- Mortgage insurance
- $412
- 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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $38,497 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
Only large teams outsell Mike Watson · Keller Williams Realty
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