Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.- MLS# 26649031
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Request Info5815 W Olympic BlvdLos Angeles, CA 90036
Multi-Family · 4 Beds · 3,173 Sq. ft. | 0.16 Acres$2,200,000
Active
5815 W Olympic Blvd Overview
- Time on Site:
- 111 days
- Visits:
- 0
Rare value-add opportunity in prime Mid-City/Miracle Mile. ONE VACANT UNIT FOR OWNER USER. This 4-unit apartment building at 5815 W Olympic Blvd sits on a 6,752 SF LAR3 lot and comes with two RTI (Ready-to-Issue) ADU permits in hand, offering immediate income expansion potential without the permitting wait. Current rents are below market, creating strong upside for investors and owner-users alike. Unit mix: one studio, two 1+1s, one 2+2. Five on-site parking spaces. Current gross income of $115,380 with a pro forma of $127,752 before factoring in ADU rent potential. Centrally located near Beverly Hills, Koreatown, and DTLA with easy freeway access. LAR3 zoning. Ideal for a 1031 exchange, long-term hold, or an owner-user looking to offset their mortgage with rental income.
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5815 W Olympic Blvd Facts & Features
- Type Multi-Family
- Sq. ft. 3,173
- Price/Sq.ft. $693
- Lot 0.16 Acres
Details
General
Income/Expenses
- Gross Income: 109611
- Net Operating Income: 68691.00
Building Information
- Year Built: 1927
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Beverly Center-Miracle Mile
Rent/Lease Information
- Tenant Pays: Gas, Electricity
Tax Information
- Tax Assessed Value: 1302170
General Information
- Disclosures: None
- Property Type: Residential Income
- Zoning: LAR3
Interior
Beds/Baths
- Bathrooms Total: 4.00
- Bedrooms Total: 4
General Information
- Cooling: Ceiling Fan, Wall/Window
- Heating: Wall
- Levels: Multi/Split
- Living Area: 3173
- Living Area Source: Vendor Enhanced
- Stories: 0
Exterior
Parking Information
- Parking Total: 5
Lot Information
- Lot Size Acres: 0.1566
- Lot Size Area: 6823
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
General Information
- Number Of Units Total: 4
- Other Structures: Shed(s)
5815 W Olympic Blvd Neighborhood
Community
90036 (Los Angeles) Demographics
35
Median Age
15,420
Population Density (per sq. mile)
74%
College Educated
$84,315
Estimated Median Income
3,294
Estimated Total Home Owners
15,467
Estimated Total Renters
18% / 82%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5815 W Olympic Blvd Monthly Cost
5815 W Olympic Blvd Market Data
Based on the last 30 days in this zip code
$2,154,207
Average List Price
$891
Average Price per Square Foot
16
Properties Sold
77
Average Days on Market
206
Properties for Sale
5815 W Olympic Blvd History
| Date | Value | Agent |
|---|---|---|
| 3/10/2026Source: CRMLS | March 10, 2026 |
|
| 3/10/2026Source: TheMLS (CLAW) | March 10, 2026 |