900 W. Olympic Bl.#45g, Los Angeles, California 90015, Los Angeles, 90015 - 3 bed, 4 bath

900 W. Olympic Bl. home-pic-0
ACTIVE$6,788,000
900 W. Olympic Bl.#45g, Los Angeles, California 90015
3Beds
4Baths
4,320Sqft
9,166Lot
Year Built
2010
Close
-
List price
$6.79M
Original List price
$6.99M
Price/Sqft
$1,571
HOA
$5,900
Days on market
-
Sold On
-
MLS number
AR25062405
Home ConditionExcellent
Features
Excellent View: City Lights, Courtyard, Park/Greenbelt
ViewCity Lights,Courtyard,Park/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $6.79M(98th), sqft - 4320(98th), beds - 3(92th), baths - 4(98th).

This elegant and uniquely hotel residence units located on the prestigious Ritz-Carlton Hotel Residences in the heart of central Los Angeles. This luxurious unit offers a blend of grand proportions, opulent finishes, and dramatic skyline views through floor-to-ceiling windows. The spacious open-concept living room is highlighted by dazzling crystal chandeliers, custom textured wallpaper, and a rare, fully carpeted floor emblazoned with "MEBO" (meaning: beauty and healthy), giving the space a distinct and personalized character. An adjacent sitting area near the windows invites you to enjoy natural light and stunning city vistas. The suites are sanctuary of comfort and style, featuring bold accent wallpaper, warm-toned drapery, and a generously sized bedroom that connects seamlessly to the living area. The gourmet kitchen is outfitted with sleek, dark cabinetry, high-end stainless steel appliances, and a massive center island with granite countertops — perfect for culinary enthusiasts and entertainers alike. This residence combines the five-star amenities and services of the Ritz-Carlton — including valet parking, concierge services, a rooftop swimming pool, a fitness center, private movie room, birthday party room, and the Free morning breakfast etc. — with the privacy and prestige of luxury condominium living. Perfect for those seeking an extraordinary lifestyle in the heart of Downtown Los Angeles.

Price History

Date
Event
Price
01/12/12
Sold
$4,000,000
Condition Rating
Excellent

Built in 2010, this Ritz-Carlton residence is maintained to an exceptionally high standard. The gourmet kitchen features sleek, dark cabinetry, high-end stainless steel appliances, and granite countertops, all appearing in excellent, modern condition. Bathrooms also showcase contemporary, high-quality finishes and are impeccably maintained. While some interior design elements like the 'MEBO' emblazoned carpet and bold wallpaper are highly personalized, their condition is virtually new, reflecting minimal physical depreciation and no deferred maintenance. The property's overall luxurious finishes and amenities align with the 'excellent' criteria for quality and condition.
Pros & Cons

Pros

Five-Star Hotel Amenities & Services: The residence offers unparalleled access to Ritz-Carlton's extensive luxury amenities and services, including valet parking, concierge, a rooftop swimming pool, fitness center, private movie room, birthday party room, and free morning breakfast.
Prime Downtown Los Angeles Location: Strategically located in the heart of central Los Angeles, providing prestige and convenient access to the city's vibrant offerings.
Dramatic Skyline Views: Floor-to-ceiling windows throughout the unit offer stunning and dramatic skyline views, enhancing the living experience.
Luxurious & Spacious Interiors: Boasting grand proportions, opulent finishes, a spacious open-concept living room, and a gourmet kitchen with high-end appliances and a massive center island.
Modern Construction: Built in 2010, the property features contemporary design and infrastructure, aligning with modern luxury standards.

Cons

Exorbitant Association Fees: The monthly association fee of $5,900 is exceptionally high, significantly increasing the total cost of ownership and potentially limiting the buyer pool.
Highly Personalized Interior Design: Specific design elements such as the 'MEBO' emblazoned carpet and bold accent wallpaper indicate a very personalized aesthetic that may require costly redecoration to suit a new owner's taste.
Lack of Private Outdoor Space: As a hotel residence unit, there is no mention of private outdoor spaces like balconies or yards, which may be a drawback for luxury buyers seeking personal outdoor living areas.

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