$4,800,000
$300K PRICE DROP

5320 W Olympic Blvd Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated payment $30,249/month

Total Views 1,762
11 Beds
21 Baths
13,992 Sq Ft
$343 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: 343.05

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: 12.20
  • 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/29/2025 09/29/25 Price Changed $4,750,000 -1.0% $339 / Sq Ft
09/08/2025 09/08/25 Price Changed $4,800,000 -5.9% $343 / Sq Ft
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

Source: The MLS

MLS Number: 25575701

The MLS
California Los Angeles County Los Angeles 90019 Miracle Mile

5320 W Olympic Blvd, Los Angeles, CA

This home is located at 5320 W Olympic Blvd, Los Angeles, CA 90036 and is currently priced at $4,800,000, approximately $343 per square foot. 5320 W Olympic Blvd is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Erick Uribe
Listing Agent
Erick Uribe
Section Image
South Park Group, Inc.
(323) 216-2168