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Property Description

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.

Features
: Wall Furnace
: Wall/Window Unit(s)
: Driveway
Appliances
: Dishwasher, Disposal, Microwave
Address Map
5815 W Olympic Boulevard, Los Angeles, California 90036
US
CA
Los Angeles
Los Angeles
90036
Yes
Olympic
5815
Boulevard
W119° 38' 36.9''
N34° 3' 28''
On W Olympic Blvd between S Sierra Bonita Ave and S Curson Ave
C19 - Beverly Center-Miracle Mile
W
LAR3
Additional Information
2026-03-09
4
: Multi/Split
3173
Listing Information
CLW-C138326
CLW-X82195
Active
2026-03-17T07:19:10Z
CRMLS
: Standard
2026-03-09T00:00:00Z

Residential Income For Sale

5815 W Olympic Boulevard, Los Angeles, California 90036

4 Bedrooms
4 Bathrooms
3,173 Sqft
$2,200,000
Listing ID #26649031
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 26649031
Price : $2,200,000
Bedrooms : 4
Bathrooms : 4
Square Footage : 3,173 Sqft
Year Built : 1927
Lot Area : 0.16 Acre
Office Name : Lyon Stahl Investment Real Estate, Inc.
Agent Name : Taylor Avakian
Listing Status : Active
Agent info
All View Realty
Contact Agent
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