5815 W Olympic Blvd
Multifamily | 4 Units | $550,000/unit
Marketing description
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.
Investment highlights
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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