$5,100,000

Estimated payment $32,888/month

Total Views 520
11 Beds
21 Baths
13,992 Sq Ft
$364 Price per Sq Ft

Highlights

  • Spanish Architecture
  • Corner Lot
  • Laundry Room

About This Home

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.

Listing Agent

Erick Uribe

South Park Group, Inc. License #02106084 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,816 Sq Ft Lot
  • Corner Lot

Home Design

  • Spanish Architecture
  • Flat Roof Shape

Interior Spaces

  • 13,992 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 21 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 21 Units
  • South Park Group Association

Listing and Financial Details

  • The owner pays for gas, water
  • Assessor Parcel Number 5084-015-019

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 13992
  • Lot Acreage: 0.2483
  • Probate: No
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 11
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Total Bathrooms: 21.00
  • Equipment: Washer, Dryer
  • Price Per S Q F T: 364.49

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Flat
  • Spa Yn: No

Utilities

  • Water District: Los Angeles Water & Power
  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water: Public

Condo/Co-op/Association

  • Management Company: South Park Group
  • Mgmt Co Phone: 3236510191|

Lot Info

  • Assessed Improvement Percent: 52.38
  • Assessed Improvement Value: 1444864
  • Assessed Land Percent: 47.62
  • Assessed Land Value: 1313514
  • Total Assessed Value: 2758378
  • Assessor Parcel Number: 5084-015-019
  • Lot Description: 2-4 Lots
  • Lot Location: Corner Lot
  • Lot Size Area: 10816

Rental Info

  • Owner Pays: Gas, Water
  • Tenant Pays: Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.90
  • Number Of Units: 21
  • Total Annual Expense: 149506
  • Type Of Units: 2
  • Vacancy Rate: 3

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $5,100,000 0.0% $364 / Sq Ft
06/21/2012 06/21/12 Rented $1,050 0.0% --
06/21/2012 06/21/12 Under Contract -- -- --
06/11/2012 06/11/12 For Rent $1,050 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25575701

The MLS