Log In/Sign Up
Your email has been sent.
5815 W Olympic Blvd 4 Unit Apartment Building $3,016,310 CAD ($754,078 CAD/Unit) 3.12% Cap Rate Los Angeles, CA 90036
Executive Summary
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
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
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,016,310 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $754,078 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.12% | Building Size | 3,173 SF |
| Gross Rent Multiplier | 19.07 | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $3,016,310 CAD |
| Price Per Unit | $754,078 CAD |
| Sale Type | Investment |
| Cap Rate | 3.12% |
| Gross Rent Multiplier | 19.07 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,173 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $2,447 CAD | 730 |
| 1+1 | 2 | $3,322 CAD | 800 |
| 2+2 | 1 | $4,093 CAD | 1,360 |
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 5089-016-023 | Improvements Assessment | $405,758 CAD |
| Land Assessment | $1,379,582 CAD | Total Assessment | $1,785,340 CAD |
Property Taxes
Parcel Number
5089-016-023
Land Assessment
$1,379,582 CAD
Improvements Assessment
$405,758 CAD
Total Assessment
$1,785,340 CAD
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5815 W Olympic Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.