$3,950,000
5850 W Olympic 7, Los Angeles CA 90036
Multi-Family (7 Units)
Property type
64 days
On market
$1,714
Price per sqft
0 cars
Garage
1949
Year built
3,436 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Joseph Rudd DRE #01518987 818-605-7732, Keller Williams Realty-Studio City
Listing updated: Apr 2, 2026 at 06:49pm.
Last checked: Jun 5, 2026 at 12:01am
Source: CRMLS #SR26055959
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 4 | 4 | — | $150 | $16,200 | $16,200 | Furnished |
| 3 | 6 | 3 | — | $200 | $5,400 | $16,200 | Furnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 0
Separate Gas Meters: 0
Separate Water Meters: 0
Dishwasher: 7
Disposal: 7
Ranges: 7
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
26.3x
List Price / Annual Gross Rent
Cap Rate
3.05%
NOI / List Price
Gross Scheduled Income: $150,000
Vacancy Allowance Rate: 10%
Operating Expense: $29,579
Net Operating Income: $120,421
Annual Operating Expenses
Cable TV: $556
Electric: $656
Gardener: $125
Fuel: $1,536
Insurance: $4,924
Licenses: $450
Maintenance: $6,000
Professional Management: $0
Supplies: $6,000
Trash: $1,632
Water / Sewer: $7,200
Other Expense: $500
Interior
Interior Features: Phone System, Recessed Lighting, Storage, Primary Suite, Utility Room
Room Type: Kitchen, Laundry, Living Room, Primary Bedroom, Utility Room
Flooring: Laminate
Cooling: Ductless, Energy Star Qualified Equipment
Heating: Ductless, Energy Star Qualified Equipment
Appliances: Dishwasher, Energy Star Qualified Appliances, Electric Range, Disposal, Gas Range
Fireplace: None
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Accessibility: Parking
Entry Location: Front
Exterior
Architectural Style: Mediterranean
Property Attached: No
Stories Total: 2
Door Features: Energy Star Qualified Doors
Roof: Flat
Foundation: Raised
Window Features: Double Pane Windows, Energy Star Qualified Windows
Property Condition: Updated Remodeled, Turnkey
Exterior: Rain Gutters
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Zero To One Unit Acre, Corner Lot, Front Yard, Garden, Irregular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View: Neighborhood
Road Surface Type: Paved
Garage and Parking
Parking: Driveway, On Site, Paved, Side By Side
Garage Spaces: 0
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5085001014
Additional Parcels: No
Tax Lot: 132
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Sidewalks, Urban
Nearby Schools
Nearby schools around the 5850 W Olympic 7, Los Angeles, CA 90036. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,160,000
Total Interest
$4,030,406
Total Payment
$7,190,406
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,238
per month
Property History for 5850 W Olympic 7
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90036.
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