5815 W Olympic Boulevard, Los Angeles, CA 90036 (MLS # 26649031)

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PRICE $2,200,000 dsIDX morgage calculator
BEDS 4
BATHS 4
HOME SIZE 3,173 sqft
LOT SIZE 6,822 sqft

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.

DAYS ON MARKET 56 LAST UPDATED 3/10/2026
YEAR BUILT 1927 COMMUNITY C19 - Beverly Center-Miracle Mile
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Microwave
AREA C19 - Beverly Center-Miracle Mile
HEAT Wall Furnace
LOT 6821 sq ft
LOT DIMENSIONS 6823
PARKING Driveway
STORIES Split/Multi Level
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Lyon Stahl Investment Real Estate, Inc.

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