5761 W Olympic Boulevard, Los Angeles, California 90036, Los Angeles, 90036 - 4 bed, 4 bath
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Los Angeles, California 90036
This Versatile Multi-Generational Residence is a High-Potential Investment Opportunity with a List Price of $1,650,000—positioned well below the $1,718,604 Fair Market Value by 3%. This valuation gap offers $68,604 in Instant Equity. Featuring a Condition Rating of 3, the 1926 home includes a gourmet kitchen, hardwood floors, and a self-contained lower-level bonus suite. Zoned R3 with parking for 8+ vehicles near top-rated schools like Third Street Elementary, it balances immediate utility with long-term development upside. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5761 W Olympic Boulevard Subject | $1,650,000* List Price | 4 | 4 | 2,022 | $850 | - |
A 931 S Ogden Drive Sold | $1,630,000 | 3 | 2 | 2,017 | $808 | 0.4 mi |
B 815 S Spaulding Avenue Sold | $1,743,200 | 3 | 2 | 1,969 | $885 | 0.3 mi |
C 851 S Orange Drive Active | $2,139,500 List Price | 4 | 3 | 2,401 | $891 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1926 property is move-in ready and has undergone significant renovations. The gourmet kitchen features modern stainless steel appliances, dark cabinetry, and a contemporary metallic tile backsplash. The interior is well-maintained with updated recessed lighting, ceiling fans, and consistent hardwood flooring. While the home retains its original character, the systems and finishes appear updated and functional, including a fully finished lower-level bonus area and a clean, versatile garage space.
The versatile lower-level bonus area, complete with its own kitchen, living space, and bedroom, offers an ideal setup for rental income, extended family, or a professional home studio.
A long driveway accommodating over 8 vehicles plus a large garage is a rare and highly valuable feature for this central Los Angeles neighborhood, providing unmatched convenience for residents and guests.
Zoned R3 on a 6,752 square foot lot, the property presents significant long-term value and development potential in a high-demand area near major amenities.
Situated on Olympic Boulevard, a major thoroughfare, the property is subject to significant street noise and high traffic volume, which may impact the overall tranquility of the residence.
Being located within a Historic Preservation Overlay Zone (HPOZ) imposes strict architectural guidelines that can limit exterior renovation flexibility and increase the complexity of future development.
Welcome to this inviting 4-bedroom, 4-bath ranch home where original character and timeless charm create a space that truly feels like home. A striking barreled ceiling welcomes you into the living room, anchored by a cozy fireplace and rich hardwood floors throughout. The thoughtfully designed layout offers comfortable spaces to gather, create, and grow.The home features a spacious dining room, a large gourmet kitchen with a charming breakfast alcove, and an oversized laundry room conveniently located just off the kitchen. Two bedrooms offer en-suite baths, while the expansive primary suite is filled with natural light and provides a peaceful retreat.A versatile lower-level bonus areacomplete with kitchen, dining, living space, bath, and an additional bedroomoffers endless possibilities, ideal for extended family, guests, a creative studio, or work-from-home living.Outdoors, enjoy a fenced, green backyard perfect for entertaining or play. A large garage, storage shed, and generous storage throughout add to the home's functionality, while a long driveway with parking for 8+ vehicles provides rare convenience.Centrally located near restaurants, coffee shops, theaters, and everyday amenities. Zoned R3 and located within an HPOZ. Buyers to verify all information and conduct their own due diligence regarding square footage and permits. Active Camera surveillance on exterior of home.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,022 | 2,385.5 | 34% |
| Lot Size | 6,752 | 6,808.5 | 45% |
| Price | $1.65M | $2.14M | 18% |
| Price per sq ft | $816 | $920 | 30% |
| Built year | 1926 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 192 | 5% |
Mar 10, 2026
$1,650,000
$1,500,000
+10% Price Increase
Initial Listing
Mar 5, 2026
$1,500,000
Initial Listing
Dec 29, 2004
$745,000
Public Record
Aug 7, 2003
$540,000
Public Record