1534 W Olympic Blvd, Los Angeles, CA 90015
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1534 W Olympic Blvd Los Angeles, CA 90015

$1,075,000 Sold Price as of 02/22/2023
  • 0 Beds
  • 0 Baths
  • 5,112 Sq.Ft.
Sold
$1,075,000 Sold Price as of 02/22/2023 Refinance Your Mortgage

Map preview of 1534 W Olympic Blvd, Los Angeles, CA 90015

Property Overview: 1534 W Olympic Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 5,112 living square feet and 4,900 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment property, located at 1534 W Olympic Blvd, Los Angeles CA 90015, contains 4 fully occupied units, high ceilings and 1 parking per unit. All four units are 2 bed / 1 bath units. This property is located a short distance from the Crypto.com Arena, LA Live, LA Convention Center and close to major public transportation. Offer subject to inspection and receiving rent roll.

Listed by Julie Olsen | BRE #01435744 | Olsen Realty
Last checked: 10 minutes ago | Last updated: February 23rd, 2023 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
4,900
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
OC22241550
City
Los Angeles
County
Los Angeles
Time on Site
599 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1534 W Olympic Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5137015002
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of the 110 FW and North of Venice Blvd
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

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Sale History for 1534 W Olympic Blvd

Last sold for $1,075,000 on February 22nd, 2023
  • February, 2023

  • Feb 22, 2023

    Date

    Sold

    CRMLS: OC22241550

    $1,075,000

    Price

  • Nov 14, 2022

    Date

    Active

    CRMLS: OC22241550

    $1,150,000

    Price

  • August, 2021

  • Aug 5, 2021

    Date

    Active

    CRMLS: 21768980

    $1,449,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent value opportunity located on olimpic Bl. and one block east of union Ave. LAC 2 zoning buyer can choose to keep the units as long term rental.2 units are 4 BD and 1 BA, 2 units are 3BD 1BA.each unit is about 1200 SF, high ceiling, spacious living room. Walking distance to staples center, LA live, LA convention center and major public transportation available. Each unit has own gas & electric meter. High demand rental area. Drive by only do not walk on the property.

  • December, 2020

  • Dec 4, 2020

    Date

    Expired

    CRMLS: 20578776

    $1,390,000

    Price

  • May 14, 2020

    Date

    Active

    CRMLS: 20578776

    $1,390,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent value investment opportunity located on olimpic Bl.and one block east of union Ave. LAC 2 zoning buyer can choose to keep the units as long term rentals or develop it for a business and office spaces.all units are 2 bed and 1 bath,each unit is about 1200 SF,high ceiling,spacious living room.Walking distance to staples center,LA live,LA convention center and major public transportation available.Each unit has it's own gas & electric meter.High demand rental area.Drive by only do not walk on the property.

  • May, 2020

  • May 9, 2020

    Date

    Expired

    CRMLS: 19535804

    $1,490,000

    Price

  • Dec 10, 2019

    Date

    Active

    CRMLS: 19535804

    $1,490,000

    Price

  • Listing provided courtesy of CRMLS

    4 UNIT INCOME PROPERTY LOCATED ON OLYMPIC BL.ADJACENT DOWNTOWN LA NEAR THE STAPLES CENTER,LA LIVE AND CONVENTION CENTER.LIVING SPACE TOTAL 4899 SF,HIGH CEILING LAC 2 ZONING.BUYER CAN CHOOSE TO KEEP THE UNITS ARE LONG TERM RENTAL OR DEVELOP IT FOR A BUSINESS AND OFFICE SPACES.BACK OF THE BUILDING HAS PARKING SPACE.EACH UNIT HAS OWN GAS AND ELECTRIC METER.HIGH DEMAND RENTAL AREA.MAJOR PUBLIC TRANSPORTATION AVAILABLE.

  • December, 2019

  • Dec 9, 2019

    Date

    Canceled

    CRMLS: 19504656

    $1,390,000

    Price

  • Nov 15, 2019

    Date

    Active

    CRMLS: 19504656

    $1,390,000

    Price

  • Nov 5, 2019

    Date

    Hold

    CRMLS: 19504656

    $1,390,000

    Price

  • Aug 28, 2019

    Date

    Active

    CRMLS: 19504656

    $1,390,000

    Price

  • Listing provided courtesy of CRMLS

    4 unit property located on Olimpic Bl. Adjacent Downtown Los Angeles.All unit is 2 bedroom and 1 bathroom and high ceiling.Waking distance to Staples Center,LA live,LA Convention Center and major public transportation available. Living space total 4899 SF,LAC 2 zoning.Buyer can choose to keep the units as long-term rentals or develop it for a business and office spaces.Back of the building has parking space.Each unit has it's own gas and electric meter.High demand rental area.

  • October, 2018

  • Oct 12, 2018

    Date

    Canceled

    CRMLS: 18333978

    $1,595,000

    Price

  • May 17, 2018

    Date

    Price Change

    CRMLS: 18333978

    $1,595,000

    Price

  • Apr 23, 2018

    Date

    Active

    CRMLS: 18333978

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment for investors to purchase a 4 unit property in a great location. This two story 4 unit income property is also located in a commercial zoning. Minutes away from LA Live, Staples Center, Downtown LA, restaurants, shopping centers, and Koreatown. Three of the units rent will increase in June. Big potential income property! Please do not disturb tenants.

  • April, 2014

  • Apr 28, 2014

    Date

    Sold (Public Records)

    Public Records

    $930,009

    Price

  • July, 2007

  • Jul 6, 2007

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

Show More

Tax History for 1534 W Olympic Blvd

Assessed Value (2020): $1,042,425
Year Land Value Improved Value Assessed Value
2020 $627,697 $414,728 $1,042,425

Home Value Compared to the Market

This property vs the competition

1534 W Olympic Blvd sold on February 22, 2023 for 9.73% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $224.96 per/sqft which puts the price per square foot 71.56% lower than the current median sale per square foot for the city of Los Angeles.

About 1534 W Olympic Blvd

Detailed summary of property

1534 W Olympic Blvd is a fourplex that recently sold in Los Angeles, CA 90015. This fourplex offered -- bedrooms, -- bathrooms, roughly 5,112 living square feet, and sits on an approximately 4,900 square foot lot. 1534 W Olympic Blvd was first listed on ArdentRealEstateGroup.com on November 14, 2022. The homeowner sold the property for $1,075,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.73% lower than the current median priced home. Local homes that are currently for sale include 2305 W 2nd St, 1415 W 22nd St and 1421 W 22nd St. While the average home in Los Angeles, CA is selling in 100 days, 1534 W Olympic Blvd has a days on market of 25 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1534 W Olympic Blvd Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1534 W Olympic Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
5,112
Lot Size
4,899
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
5137-015-002

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$715
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$841
Total Inventory
92
Median Sale to List Price %
99.11%
Avg Days on Market
43
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Related Resources to 1534 W Olympic Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.