5815 West Olympic Boulevard Los Angeles, CA ^$ 2,200,000

5815 West Olympic Boulevard

^$ 2,200,000

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5815 West Olympic Boulevard

Los Angeles, CA, 90036

^$ 2,200,000

Studio Baths0.0 Sq 3,173

Monthly Estimate*

^$ 13,546

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,200,000. This 3,173 square foot home was built in 1927 on a lot size of 0.16.

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.

Multi-Family Active

Price

^$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026649031

Features

General

Living Area 3173.0

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAR3

Year Built 1927

Tenant Pays Electricity Gas

Levels Multi/Split

County Los Angeles

Net Operating Income 68691.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C19 - Beverly Center-Miracle Mile

Lot Size Units Square Feet

Lot Size Square Feet 6823.0

Standard Status Active

Interior

Kitchen Appliances Disposal Dishwasher Microwave

Total Stories 0

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

Exterior

Parking Features Driveway - Combination Driveway

Lot Size Area 6823.0

Pool Y/N? Yes

Building Area Total 3173.0

Lot Size Acres 0.16

Land Lease Type Fee

* Excluded Features

List By

Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$13,546

Per Month

Monthly Principal & Interest: $13,546
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,837,781

Percent of Sale Price 16%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2026	$2,200,000		Listed Price

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5815 West Olympic Boulevard, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $2,200,000 with 3,173 sqft and a lot size of 0.16. 5815 West Olympic Boulevard is a studio with 0.0 baths and was built in 1927. The property's zip code is 90036 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/10/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5815 West Olympic Boulevard

Multi-Family Home for sale in Los Angeles, CA

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