8686 W Olympic Boulevard, Los Angeles, CA 90035

Local realty services provided by:ERA Donahoe Realty
#1#2#3
8686 W Olympic Boulevard,Los Angeles, CA 90035
$2,200,000
  • 3 Beds
  • 2 Baths
  • 6,213 sq. ft.
  • Multi-family
  • Pending
Listed by:elliot hassan
Office:northmarq realty services, inc.
MLS#:25546199
Source:CRMLS

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$354.1

About this home

Offered for sale on the open market for the first time in over 60 years, 8686 West Olympic presents a rare opportunity for investors to reposition a well-maintained asset in one of Los Angeles' most supply-constrained and desirable rental markets. Current ownership has maintained the building over the years, making selective upgrades as needed, but much of the property remains in original condition giving the next owner a clear path to unlock significant value through targeted interior and exterior renovations. With a ~22% loss-to-lease on in-place rents, new ownership can capitalize on substantial upside by aligning units with the luxury expectations of a tenant base drawn to the property's proximity to Beverly Hills. The surrounding submarket is dominated by vintage, unrenovated character buildings, creating a unique opportunity to deliver a boutique product that stands out in the local rental landscape. Originally constructed in 1926, the property sits on a 7,430 SF corner lot and

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Home facts

  • Year built:1926
  • Listing Id #:25546199
  • Added:78 day(s) ago
  • Updated:August 18, 2025 at 07:33 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Living area:6,213 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1926
  • Building area:6,213 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$354.1
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