5627 Observation Los Angeles CA 90028 | MLS #OC26213535
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.
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.
Property Details
Price:
$999,000
MLS #:
OC26213535
Status:
Active
Beds:
3
Baths:
2.5
Type:
Townhouse
Neighborhood:
c20hollywood
Listed Date:
Oct 1, 2026
Finished Sq Ft:
1,556
Lot Size:
2,550 sqft / 0.06 acres (approx)
Year Built:
2015
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Central
Laundry Features
Laundry Closet, Washer Included, Dryer Included
Levels
Three Or More
Main Level Bathrooms
1
Exterior
Association Amenities
Pets Permitted, Management, Maintenance, Utilities, Maintenance Grounds
Attached Garage YN
1
Common Walls
No Common Walls, End Unit
Community Features
Curbs, Biking, Hiking, Foothills, Street Lights, Urban, Sidewalks, Park
Covered Spaces
2
Garage Spaces
2
Parking Spots
2
Parking Total
2
Stories
3
View
Mountain(s), City Lights, Hills, Canyon
Financial
HOA Fee
$142
HOA Fee Frequency
Monthly
HOA Name
Gramercy at Hollywood
HOA Phone
310-370-2696
Map
Community
- Address5627 Observation Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90028
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- Beachwood Canyon
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Castle Heights
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Edgewater Towers
- Evo
- Hacienda Tularosa
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable-105
- Not in Development
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Park Plaza 57
- Picfair Village
- Pickford Court
- Savoy
- SB Grand
- Silver Strand
- Subdivision Name / Tract: 5609
- The ERB
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Upper Riviera
- Westmont WMON
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Townhouse in Los Angeles as of Oct 25, 2026
73
Townhouse Listed
61
Avg DOM
617
Avg $ / SqFt
$1,037,896
Avg List Price
Property Summary
- 5627 Observation Los Angeles CA is a Townhouse for sale in Los Angeles, CA, 90028. It is listed for $999,000 and features 3 beds, 3 baths, and has approximately 1,556 square feet of living space, and was originally constructed in 2015. The current price per square foot is $642. The average price per square foot for Townhouse listings in Los Angeles is $617. The average listing price for Townhouse in Los Angeles is $1,037,896. To schedule a showing of MLS#oc26213535 at 5627 Observation in Los Angeles, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Sender Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.5627 Observation
Los Angeles, CA
