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  • 5815 W Olympic Boulevard

5815 W Olympic Boulevard, Los Angeles, CA 90036

$2,200,000 Approx. USD 4 beds, 4 baths
3,173 sqft
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Davina O'Donnell REALTOR® - Sales Associate 310-702-3563 m
818-380-2111 o
Lic#: 01000976
NRDS ID: 207058701
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Lic#: 01000976
NRDS ID: 207058701
davinaodonnell@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Taylor Avakian | taylor@lyonstahl.com
Lic#: 02060040
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 916-996-4421

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26649031
Price: $2,200,000
Beds: 4
Baths: 4
Built in 1927
3,173 sqft
0.16 acres
Lot size: 0.1566
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Microwave
Parking description: Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 6/10/2026

 Days On Market (DOM): 100

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.057769, -118.356406.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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