5815 W Olympic Blvd, Los Angeles, CA 90036

Property Overview

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5815 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.

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Key Property Details

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• Address: 5815 W Olympic Blvd, Los Angeles, CA 90036
• Total Units: 4
• Year Built: 1927
• Building Size: 3,173 SF
• Lot Size: 6,752 SF
• Zoning: LAR3
• APN: 5089-016-023
• Parking: 5 spaces
  

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Investment Highlights

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• Stable income with immediate cash flow:
  The property currently generates approximately $115,380 in annual scheduled rent, providing investors with dependable in-place income from a stabilized small multifamily asset.
• Clear rent growth potential across the rent roll:
  In-place rents average approximately $2,404 per unit, while projected market rents average approximately $2,662 per unit, supporting steady long-term income expansion through natural turnover.
• Balanced unit mix supporting tenant demand:
  The property features a studio, one-bedroom, and two-bedroom unit mix, appealing to a broad renter base and supporting consistent occupancy over time.
• Functional small-balance footprint:
  A 4-unit scale allows for a clean, manageable operating profile with durable tenant demand drivers in a supply-constrained central Los Angeles rental market.
• 5 on-site parking spaces:
  A valuable everyday amenity that supports tenant appeal and strengthens rentability in a dense Los Angeles corridor.

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Neighborhood and Accessibility

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Located in an infill West LA / Mid-City corridor, 5815 W Olympic Blvd benefits from durable rental demand fundamentals driven by limited supply expansion and central connectivity. The neighborhood supports long-term occupancy strength and consistent renter appeal, providing a stable ownership profile in a high-demand Los Angeles pocket.

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For more information and to schedule a viewing, please contact:

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Taylor Avakian

First Vice President, Lyon Stahl