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… Read More 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. Read Less
Courtesy of South Park Group, Inc. 323-651-0191
Listing Snapshot
Days Online
13
Last Updated
Property Type
Other
Beds
11
Square Ft.
13,992
Lot Size
0.25 Acres
MLS Number
25575701
30 Days Snapshot Of 90036
$2.02M
-6%
(avg) sold price
5
-54%
homes sold
51
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Washer, Dryer
Building
13,992 sq ft, Levels: Two, Attached, Spanish
Cooling
Window Unit(s)
Disclosures
None
Garage
None
Water Features
Water: Public, WaterDistrict: Los Angeles Water & Power
Heating
Wall
Laundry
Laundry Area
Lot
LotAcreage: 0.2483, LotSizeArea: 10,816, 2-4 Lots, Corner Lot
Parking
TotalParking: 0
Pool
PoolYN: False, None
Property
NumberOfUnits: 21, Zoning: LAR3
Roof
Flat
Spa
Has spa, None
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