4669 W Olympic Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 6 bed, 4 bath
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Los Angeles, California 90019
This Versatile Multi-Generational Asset is a High-Potential Investment Opportunity listed at $2,349,000—positioned well below the $2,423,752 Fair Market Value by 3%. This valuation gap provides $74,752 in Instant Equity. Boasting an Excellent Condition Rating, the property features an ADA-compliant layout with two modern kitchens and premium appliances on a rare 9,657 square foot corner lot. Its turnkey configuration supports immediate use as a high-capacity compound or care facility near Miracle Mile. This is an ideal acquisition for Care Facility Operators or Owner-Occupants seeking a flexible, move-in-ready estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4669 W Olympic Boulevard Subject | $2,349,000* List Price | 6 | 4 | 2,709 | $861 | - |
A 1280 S Sycamore Avenue Sold | $2,020,000 | 4 | 4 | 2,533 | $797 | 0.9 mi |
B 1663 Virginia Road Sold | $2,095,000 | 5 | 4 | 3,302 | $634 | 0.9 mi |
C 1027 S Lucerne Boulevard Sold | $1,870,000 | 4 | 5 | 2,508 | $746 | 0.3 mi |
D 1160 Lucerne Boulevard Sold | $2,100,000 | 4 | 4 | 2,403 | $874 | 0.4 mi |
E 911 S Tremaine Avenue Sold | $2,750,000 | 4 | 2 | 2,773 | $992 | 0.2 mi |
F 1009 S Rimpau Active | $1,899,999 List Price | 4 | 4 | 2,825 | $673 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations to function as a high-end residential care facility. It features two modern kitchens with premium Samsung stainless steel appliances and stone countertops, updated ADA-compliant bathrooms with contemporary tile work, and high-quality flooring throughout. The home is equipped with modern systems including central HVAC, Title 24 energy-efficient recessed lighting, and updated electrical/plumbing fixtures, showing no signs of deferred maintenance.
The property features a unique 6-bedroom, 4-bathroom layout with two kitchens and full ADA compliance, making it a turnkey solution for a residential care facility, duplex, or multi-generational living.
Situated on a rare 9,657 square foot corner lot with dual street access, the property offers significant outdoor space, ample parking for multiple vehicles or RVs, and potential for future expansion.
Located in the heart of Longwood Highlands near Miracle Mile and Koreatown, the property provides excellent proximity to major healthcare centers, transportation, and high-end dining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The current layout and ADA-compliant modifications, while perfect for care facilities, may require costly renovations for buyers seeking a traditional high-end single-family aesthetic.
With a list price of over $2.3 million for a 1950s structure, the property is priced at a significant premium that may challenge buyers not looking to capitalize on its specific commercial or high-density potential.
Unlock exceptional flexibility and income potential in the heart of Longwood Highlands. Situated on a generous 9,657 square foot corner lot with access and parking from two streets, this 2,709 square foot property offers rare versatility in one of central Los Angeles' most connected neighborhoods.Previously operated as a fully licensed Residential Care Facility for the Elderly, the property is thoughtfully designed to accommodate up to 12 residents. Featuring 6 bedrooms, 4 bathrooms, and 2 kitchens, the layout allows for seamless use as a spacious single family residence, a potential duplex style configuration, or a ready to operate assisted living facility. The home is fully ADA compliant and equipped with central HVAC, energy efficient Title 24 lighting, and premium Samsung appliances including washer and dryer.The expansive lot provides ample onsite parking with space for multiple vehicles, RVs, or additional equipment, along with room for potential expansion. A detached garage offers added flexibility for storage, administrative use, training space, or creative conversion.Centrally located near Miracle Mile, Mid Wilshire, and Koreatown, the property is minutes from major healthcare centers, transportation corridors, shopping, and dining. Whether you are an investor seeking rental income, an operator looking for a turnkey RCFE, or a buyer searching for a large multigenerational home with upside, 4669 Olympic presents a rare opportunity in a prime Los Angeles location.Endless possibilities. Strong rental potential. Priced to move.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 4.0 | 2.0 | 76% |
| Square foot | 2,709 | 1,742 | 86% |
| Lot Size | 9,657 | 6,377 | 98% |
| Price | $2.35M | $1.33M | 95% |
| Price per sq ft | $867 | $764 | 68% |
| Built year | 1950 | 1926 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 180 | 12% |
Feb 12, 2026
$2,349,000
Initial Listing
Apr 7, 2022
$2,189,000
Public Record
Jul 28, 2020
$1,590,000
Public Record
Mar 3, 2020
$1,450,000
Public Record
Dec 18, 2019
$1,000,000
Public Record