Los Angeles, CA90036
| 13992 sqft | MLS# 25575701
Tract:
For Sale $4,800,000
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 three units being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.
Facts
| Built in 0 | Lot Size: 10816.00 sqft | HOA Dues: $0/month
Features
Listing provided by Erick Uribe, South Park Group, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of September 8, 2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
