5850 W Olympic #7, Los Angeles, CA 90036

Los Angeles
Local realty services provided by:ERA Donahoe Realty
5850 W Olympic #7,Los Angeles, CA 90036
$3,950,000
  • - Beds
  • - Baths
  • 2,304 sq. ft.
  • Multi-family
  • Active
Listed by: joseph rudd
Office: keller williams realty-studio city
MLS#:SR26055959
Source:CRMLS

Price summary

  • Price:$3,950,000
  • Price per sq. ft.:$1,714.41

About this home

Located at 5850 W Olympic Blvd, the Olympic Motor Lodge represents a premier investment and development opportunity in the heart of Los Angeles’ high demand Miracle Mile and Mid-Wilshire corridor. This strategic location places the property in a world-class cultural hub, situated just blocks from the Academy Museum of Motion Pictures, LACMA, and the La Brea Tar Pits, while remaining steps away from the vibrant dining scene of Little Ethiopia. Centrally positioned between the luxury of Beverly Hills and the commercial energy of Downtown LA, the property sits on a prime parcel of land where potential rezoning for multifamily residential use offers a lucrative long-term play for developers looking to capitalize on the city’s increasing density. The property has undergone a comprehensive series of high-end infrastructure and cosmetic upgrades that ensure a turnkey experience with virtually no deferred maintenance. In 2024 and 2025 alone, the motel was outfitted with brand-new Pergo...

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Home facts

  • Year built:1949
  • Listing ID #:SR26055959
  • Added:1 day(s) ago
  • Updated:April 02, 2026 at 10:33 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Gas Range
  • Living area:2,304 sq. ft.

Heating and cooling

  • Cooling:Ductless Air
  • Heating:Ductless

Structure and exterior

  • Roof:Flat
  • Year built:1949
  • Building area:2,304 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Corner Lot, Front Yard, Garden, Irregular Lot
  • Architectural Style:Mediterranean
  • Exterior Features:RainGutters
  • Foundation Description:Raised

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,950,000
  • Price per sq. ft.:$1,714.41

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range
  • Amenities:Carbon Monoxide (CO2) Detector, Phone System, Rain Gutters, Recessed Lighting, Storage, Utility Room

Parking

  • Total parking spaces:4
  • Parking description:Driveway, On Site, Paved, Side By Side
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