900 W Olympic Boulevard 38d, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 3 bath

900 W Olympic Boulevard 38d, Los Angeles, California 90015 home-pic-0
ACTIVE$1,988,800
900 W Olympic Boulevard 38d, Los Angeles, California 90015
2Beds
3Baths
1,840Sqft
399,397Lot
Year Built
2010
Close
-
List price
$1.99M
Original List price
$2.38M
Price/Sqft
$1,081
HOA
$3,364.37
Days on market
-
Sold On
-
MLS number
PW24048138
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean
ViewCity Lights,Coastline,Mountain(s),Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $1.99M(98th), sqft - 1840(88th), beds - 2(58th), baths - 3(77th).

SELLER MOTIVATED->>The most anticipated New York-vibe Ritz-Carlton Residence unit to come on the market. Instantly immerse yourself with over $300,000 in interior design, including an In-Unit 2-person Infrared Sauna and 2-sided Bioethanol Fireplace (one of only two units in the building). Custom-designed, tiled wall with recessed TV on one side, rainforest wooden slat panels on the other side in the Living Room/Dining Room Area also includes bronze-colored mirror on the column and recessed ceiling with five Surround Sound and Subwoofer system. Powerful grey movement Kitchen quartz countertop juxtaposed with dual tone Snaidero cabinets that give an elevated glamour to the unit. Each bedroom boasts of glamorous plush carpet with elegant wall paper and custom designed, well lit organizer/closets. Every room is furnished with high-end luxury brand furniture, which can be purchased separately. Get ready for a breathless skyline view of infinite city lights, the Hollywood sign, the Griffith Observatory, and even the ocean from this 38th floor unit. Must see in person the extensive creative work where no details were spared while also enjoying the 5 Star amenities including full service valet parking, a concierge, Ritz Carlton Spa, security, pool/spa, housekeeping, room service to name a few. All next to LA Live offering many restaurants and easy access to Regal Cinemas, walking distance to Crypto.com Arena, and many more.

Price History

Date
Event
Price
09/01/20
Sold
$1,600,000
Condition Rating
Excellent

Built in 2010, this property has undergone an extensive, high-end renovation with over $300,000 invested in custom interior design, including a modern Snaidero kitchen with quartz countertops and integrated appliances, a luxurious in-unit sauna, and a contemporary fireplace. All visible components, from the hardwood and plush carpet flooring to the sleek light fixtures and bathroom finishes, appear virtually new and meet current luxury standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Exceptional Interior Design & Custom Upgrades: Over $300,000 in custom interior design, featuring unique elements like an in-unit infrared sauna, a 2-sided bioethanol fireplace, high-end Snaidero kitchen cabinets, and integrated surround sound, creating a luxurious and distinctive living space.
Unparalleled Panoramic Views: Located on the 38th floor, the unit offers breathtaking skyline views of city lights, the Hollywood sign, Griffith Observatory, and the ocean, providing a spectacular backdrop.
Exclusive Ritz-Carlton Lifestyle & Amenities: Residents benefit from 5-star Ritz-Carlton services and amenities, including full-service valet, concierge, spa access, security, pool/spa, housekeeping, and room service, ensuring a premium living experience.
Premier Downtown LA Location: Strategically positioned next to LA Live, offering immediate walking access to numerous restaurants, Regal Cinemas, Crypto.com Arena, and other major entertainment and cultural venues.
Motivated Seller & Significant Price Reduction: The seller is motivated, and the property has seen a substantial price reduction from its original listing, indicating potential value and negotiation opportunities for buyers.

Cons

Substantial Monthly Association Fees: The monthly association fee of $3,364.37 is exceptionally high, adding a significant ongoing cost to homeownership that could deter some potential buyers.
Furniture Not Included in Sale Price: While furnished with high-end luxury brands, the furniture is available for separate purchase, meaning an additional expense for buyers who desire it, or the unit will be delivered unfurnished.
Lack of Private Outdoor Space: As a high-rise condominium, the property likely lacks private outdoor space such as a balcony or patio, which may be a drawback for buyers seeking personal outdoor areas.

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