Los Angeles County  »  90036  »  W Olympic Blvd  »  5700 W Olympic Blvd

Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 - Property report

Also known as: 5700 W Olympic Blvd

Property image for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036
static Mapbox map

Property type

Five or More Apartments or Units - 4 Stories or Less with Pool (0501)

Year built

1972

Acreage

0.859

Sale price

$23,550,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
5700 W Olympic Blvd
Los Angeles, CA 90036
Alternate address(es)
5710 W Olympic Blvd
5714 W Olympic Blvd
5720 W Olympic Blvd
Zip code
90036
Neighborhood
Mid-Wilshire
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 4 Stories or Less with Pool
Building sq. ft.
52,218
Buildings on lot
1
Stories
4 or less
Year built
1972
Sales
Sale date
02/18/2015
Sale price
$23,550,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$350,276
Zoning & use
Zoning
Units
71
Lot
Acreage
0.859

Area overview

Walk score
86 /100.  Very Walkable
Transit score
60 /100.  Good Transit
Bike score
70 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036

Sale date Sale price Buyer name Seller name
02/18/2015 $23,550,000 XXXX XXXX XXXXXXXXXX XXX; XXXX XXXX XXXXXXX XXXXXXX XXX XXXXXXX XXXXXX XXX
08/01/2013 $14,600,000 XXXXXXX XXXXXX XXX XXXXXXX XXXX XXXXXXXXXX XXX
08/01/2008 $10,000,000 XXXXXXX XXXX XXXXXXXXXX XXX XXX XXXXX X

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
11/08/2019 Assignment of Rents
Financing Statement
Trust Deed
XXXX XXXX XXXXXXXXXX XXX XXX XXXXXXXX XXXXX XXXXXXX
02/18/2015 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXXX XXXXXX XXX XXXX XXXX XXXXXXXXXX XXX
08/01/2013 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXXX XXXX XXXXXXXXXX XXX XXXXXXX XXXXXX XXX
06/04/2013 Continuation Financing Statement XXXXXXX XXXX XXXXXXXXXX XXX XXXXXX XXX
08/01/2008 Deed
(Sale for consideration - full DTT - Single parcel sale)
XXX XXXXX X XXXXXXX XXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$350,276
Current property tax
$357,979
Recent tax assessments
Market value
$29,499,379
Land value
$14,129,576
Building value
$15,317,460

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $28,921,987 1.1874 $343,420 +0.95%
2024-2025 $28,355,916 1.1997 $340,186 +2.02%
2023-2024 $27,800,945 1.1994 $333,445 +4.96%
2022-2023 $27,256,856 1.1655 $317,679 +1.15%
2021-2022 $26,723,436 1.1752 $314,054 -1.12%
2020-2021 $26,463,707 1.200129 $317,599 +6.28%
2019-2020 $25,448,358 1.174279 $298,835 +0.11%
2018-2019 $24,957,364 1.196 $298,502 +2.26%
2017-2018 $24,467,089 1.193 $291,899 +2.15%
2016-2017 $23,975,387 1.1918 $285,750 +60.06%

Special assessments & penalties for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito

Permit information for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
09/09/2016
11/21/2014
09/15/2014
07/30/2014
06/30/2014

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
39,278
Median age
36.7
Average household income
$152,131
Family households
33.8%
People per household (average)
1.89
Occupied housing units
20,565
Owner-occupied units
13.7%
Median year structure built
1950
Median value mortgaged units
$1,925,500
Median value unmortgaged units
$1,811,000

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036?

The development at Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 was built in 1972.

What is the total square footage of Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036?

Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 has a total of 52,218 square feet.

When was Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 last sold and what was the sale price?

Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 was last sold on 02/18/2015 for $23,550,000.

What is the assessed value of Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036?

Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 is currently assessed at $29,499,379.

What are the property taxes for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036?

The property taxes for Miracle Mile Terrace - 5700 West Olympic Boulevard, Los Angeles, CA 90036 total $350,275.

How many residential units does this building have?

This building has 71 residential unit(s).

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