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5815 W Olympic Boulevard, Los Angeles, CA 90036
4
beds
5
baths
3173
ft2
· 6750
ft2 lot
$1,800,000
$567 / ft2
Listing provided courtesy of Saadia Liberow, Marcus & Millichap.
Source CRMLS.
5815 W Olympic Blvd is a charming, Spanish style, 4-unit apartment building located in the Miracle Mile area. This property was built in 1927 and consists of one (1) studio,\ two (2) one-bedrooms, and one (1) two-bedroom apartment. Onsite parking is also available for the tenants. This property was built in 1927 and consists of one (1) studio,\ two (2) one-bedrooms, and one (1) two-bedroom apartment. Onsite parking is also available for the tenants. This asset creates an ideal opportunity for an owner-user to occupy one of the two vacant units, or combine the two vacant units to create a home-like unit, or for an investor looking to improve income and generate better returns.
HOA
$—/month
On market
2 months
Year built
1927
Property type
Multi-Family
Parking
MLS
20626908
Price / Sq.Ft.
$567 / ft2
Status
Active
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Based on a price of $1,800,000
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Property Details
Interior Features & Layout
Appliances
•   
Appliances: Refrigerator, Gas Cooktop
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Wood
Interior Size
•   
Building Area Total: 3173.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: Ground Level - no steps
•   
Zoning: LAR3
•   
Stories Total: 2
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Lot Info
•   
Lot Size Acres: 0.1500
•   
Lot Size Area: 6750.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 81038.00
•   
Vacancy Allowance Rate: 50.00
•   
Total Expenses: 32367.00
•   
Gross Multiplier: 21.55
Tax/Assessment Info
•   
Gross Income: 83544.00
•   
Tax Year: 2019
•   
Taxes: 14608.0
Lease Info
•   
Net Operating Income: 48671.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 812.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 812.00
Unit 2 Information
•   
Unit 2 Actual Rent: 3500.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 3500.00
Unit 4 Information
•   
Unit 4 Actual Rent: 900.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 900.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 13
Unit 1 Information
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1750.00
•   
Unit 1 Total Rent: 1750.00
School Neighborhood & Directions
School Info
•   
Directions: Right off of Olympic Blvd & S of Curson Ave.
Other
Calculation
•   
Dom: 96
•   
Cdom: 96
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 7:04am
Neighborhood snapshot
79
Properties for sale
26
Median days on market
$778.67
Median sold price/sqft
98.68%
Sold/List %
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Property History
09/01/2020
09/01/2020
CRMLS #20626908
active
CRMLS #20626908
$1,800,000
+63.64%
10/29/2015
10/29/2015
Public Record
sold
Public Record
$1,100,000
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