5815 W Olympic Blvd - Apartments FOR SALE


Los Angeles, CA 90036- Miracle Mile
$2,200,000 USD
916-996-4421
5815 W Olympic Blvd, Los Angeles, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/35
null | 3.12% Cap Rate

5815 W Olympic Blvd
Los Angeles, CA 90036
Miracle Mile


OVERVIEW

Property Overview?5 815 W Olympic Blvd is a 4-unit Los Angeles multifamily offering stable in-place income with long-term growth potential through natural rent increases across a functional unit mix. The property is currently operating with strong occupancy and consistent cash flow, allowing a buyer to benefit from immediate income while gradually capturing rental upside as units turn over. With a highly livable studio / 1-bedroom / 2-bedroom mix and strong on-site parking, the asset delivers a practical, scalable ownership profile in the central Mid-Wilshire corridor. Investment Highlights Stable income with immediate cash flow Clear rent growth potential across the rent roll Balanced unit mix supporting tenant demand Functional small-balance footprint 5 on-site parking spaces

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$693 USD /SF

# OF UNITS

4

PRICE/UNIT

$550,000

CAP RATE

3.12%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR3

APN/PARCEL ID

5089-016-023

ASK ABOUT THIS PROPERTY

Taylor AvakianLyon Stahl Investment Real EstateMore Info
916-996-4421

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Taylor AvakianLyon Stahl Investment Real EstateMore Info
916-996-4421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.