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5320 W Olympic BoulevardLos Angeles, CA 90036

For Sale

$4,495,000

Smart Buyer Rebate $44,950

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 two units being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.

Listed by Erick Uribe

·

License #02106084

·

South Park Group, Inc.

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323-651-0191

Last updated November 17, 2025

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Source: CRMLS #25575701

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid - Wilshire
  • Bedrooms11
  • Days on Prevu104
  • Size13,992 sqft
  • Price per sqft$321

Amenities

  • Washer/Dryer

Location

Mortgage Calculator

Listing History

11/18/2025
Price Decreased
$4,495,000
11/09/2025
Status changed to Active
$4,750,000
10/27/2025
Status changed to Temporarily Off Market
$4,750,000
10/26/2025
Status changed to Removed from Feed
$4,750,000
10/25/2025
Status changed to Temporarily Off Market
$4,750,000
10/24/2025
Status changed to Removed from Feed
$4,750,000
10/10/2025
Status changed to Temporarily Off Market
$4,750,000
09/29/2025
Price Decreased
$4,750,000
09/21/2025
Status changed to Active
$4,800,000
09/19/2025
Status changed to Removed from Feed
$4,800,000
09/09/2025
Status changed to Active
$4,800,000
09/09/2025
Price Decreased
$4,800,000
09/06/2025
Status changed to Removed from Feed
$5,100,000
09/05/2025
Status changed to Active
$5,100,000
09/04/2025
Status changed to Removed from Feed
$5,100,000
08/07/2025
Listed by South Park Group, Inc.
$5,100,000

Property Details for 5320 W Olympic Boulevard

Exterior

Construction

  • Number Of Units Total: 21
  • Property Attached: Yes
  • Stories: 2
  • Architectural Style: Spanish
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 13,992
  • Lot Size Acres: 0.24
  • Lot Size Area: 10,816
  • Lot Size Source: Other
  • Lot Size Square Feet: 10,816
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $399,970.00

Taxes

  • Parcel Number: 5084015019

Interior

Features

  • Appliances: Dryer, Washer

Measurements

  • Living Area: 13,992

Rooms

  • Bathrooms Total Integer: 21
  • Bedrooms Total: 11

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.