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5320 W Olympic Boulevard

Los Angeles (City), CA 90036
  • $4,495,000
  • STATUS: Active
  • ON SITE: 126 Days
  • ID#: 25575701
$4,495,000
  • 11
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,992
    SQFT
  • $321
    $/SQFT

School Ratings & Info

Listing Agent(s): Erick Uribe of South Park Group, Inc. (323-651-0191)


Description

5320 W. Olympic Blvd. is a 21 unit multifamily property in the Mid-Wilshire neighborhood of Los Angeles that is on the market for the first time since 2007. The property consists of ten (10) studios and eleven (11) 1-bedroom units. Built in 1944, the property has been professionally maintained and managed for nearly 20 years. The 21 units are situated on a 10,816 SF lot at the corner of Olympic Blvd. and Meadowbrook Ave., minutes from La Brea Ave., Wilshire Blvd. and San Vicente Blvd. The property's central location and proximity to some of the city's best landmarks and restaurants ensures strong rental demand and upside for the foreseeable future. An attractive unit mix presents buyers with the opportunity to add to their portfolio in one of the best rental locations in all of Los Angeles. With two units being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/166708660
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5320 W Olympic Boulevard Los Angeles (City), CA 90036

  • Price: $4,495,000
  • Status: Active
  • On Site: 126 Days
  • ID#: 25575701
11
Beds
0
Baths
0
½ Baths
0.25
Acres
13,992
SQFT
$321
$/SQFT
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
5320 W. Olympic Blvd. is a 21 unit multifamily property in the Mid-Wilshire neighborhood of Los Angeles that is on the market for the first time since 2007. The property consists of ten (10) studios and eleven (11) 1-bedroom units. Built in 1944, the property has been professionally maintained and managed for nearly 20 years. The 21 units are situated on a 10,816 SF lot at the corner of Olympic Blvd. and Meadowbrook Ave., minutes from La Brea Ave., Wilshire Blvd. and San Vicente Blvd. The property's central location and proximity to some of the city's best landmarks and restaurants ensures strong rental demand and upside for the foreseeable future. An attractive unit mix presents buyers with the opportunity to add to their portfolio in one of the best rental locations in all of Los Angeles. With two units being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.
Exterior Features

Architectural Style Spanish Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Appliances DryerWasher Common Walls 1 Common Wall Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 399970 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 230911 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays Electricity Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Erick Uribe of South Park Group, Inc. (323-651-0191)