Miracle Mile, Calif- 3 Apartments available in MCM building

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designmatters
Modern Fan
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Joined: Wed Jun 30, 2004 9:53 pm
Location: West LA
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Miracle Mile, Calif- 3 Apartments available in MCM building

Postby designmatters » Tue May 31, 2005 4:41 pm

Hi all, here is the deal:

5511 Olympic Blvd. Los Angeles, CA 90036

There are currently three units available in this 18 unit building. The building is a 1962 classic modern building which was sadly neglected over the years. A new owner/management group rescued this property last year and immediately began repairing/restoring/renovating this MCM gem in the Miracle Mile.

About the Building: The building is 3 stories over a half subterranean parking garage. Classic modern touches, such as 8' wide strip windows, flat roof, terrazzo, etc. So far the lobby and second floor hall have been renovated, and the other halls, elevator, and stairs are soon to follow. A new roof with skylights into the 3rd floor hall and units was installed last year. The exterior is showing its age, but an exterior renovation planned for this summer will replace all railings, lighting, landscaping, and replace damaged stucco and tile. Signage and planters will be added in the front as well.

The layout is very innovative and provides privacy to all the units and for more built-in cabinetry than is typical. This building has a unique-ness that can not be found in newer buildings and is pure Mid-century living.

About the Location: The property is on the corner of Olympic & Cochran, just West of La Brea and South of Wilshire. Good access to the freeway, Century City, and Downtown. Walking distance to Miracle Mile shops & museums. The property is on a little bit of a rise, and all surrounding buildings are shorter than the building, so there are great views of Downtown, the Hollywood Hills, and Century City from the units. There is access-controlled parking under the building, and a entry buzzer system. All exit doors were just replaced for added security. While the building sits at a busy intersection, all renovated units were fitted with double glazed windows for excellent acoustical control. There is a laundry room in the building.

About the Units: Let me first say that all units were gutted and completly redone. Everything: Walls, floors, windows, cabinets, appliances, lighting- all brand new! Each unit is 2bd, 2 bath. Each unit has air/heat, and a balcony. Here are the specifics on what is available now:

UNIT 10 (Second Floor): Faces West and provides sunset/Century City views. 2 bedroom with master bath (tiled shower) and hall bath with shower/tub combo. Huge closet in master, hall cabinet, and built-ins in living room. Huge entry closet can hold more than coats. Large living room with separate dining area, West facing balcony. Kitchen features all-electric appliances, including stove, double oven, disposal. Double sink and granite counters. Lots of cabinets plus pantry cabinet. Tile floors in kitchen & baths, berber carpet elsewhere. Master bedroom faces West, smaller bedroom faces North and is very private, would make an excellent office.

UNIT 12 (Second Floor): Huge unit with 2 bedroom, 2 full baths. Large living room and dining room. Kitchen is absolutely huge for an apartment! Master bedroom , living room, & dining room has Downtown views, 2nd bedroom has some views of Hollywood Hills. Master bedroom has closet, plus cabinet. Master bath has linen cabinet and oversized tiled shower with glass doors. Second bedroom has built-in vanity/desk and large closet. This bedroom shares a bathroom with the living room, and has a full tub/shower combo. Tile floors in kitchen & baths, berber carpet elsewhere. Large balcony has views of front yard & Downtown. Kitchen is amazing and must be seen, it has a double sink, disposal, double oven, range, hood, dishwasher, and more cabinets than you'll know what to do with. Dining area is large and can be for eating or an office area.

UNIT 19 (Third Floor): This unit is the same layout as unit 12 except for a few small differences. There is no vanity in the second bedroom, and the views are greater from the third floor. Downtown views from bedroom & living room/diningroom/ balcony. Views of Hollywood Hills/Griffith Observatory from second bedroom. Also, this unit has a skylight in the second bathroom.

Prices: The apartments will range from $1550-$1700 per month, 1 year lease.

Contact: Contact the property manager for more details, a tour, and an application. MCM Property Management, 323-951-0400 Ask for Barbara.

The bottom line: Drive by this building and you'll see quality of the building. Don't let the outside fool you, come inside and see the effort that went into the interior renovations, the same care will be paid to the exterior renovation. This is not an MCM museum, the units were brought up to current standards but still feature their Modern layouts and new Modern Lighting. The exterior though will reflect Modern Apartment living in its heyday.

These three units are available now, two others (#9,#11)are finishing up their renovations and will be available soon, tell your friends!

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