5761 W Olympic Boulevard, Los Angeles, California 90036, Los Angeles, 90036 - 4 bed, 4 bath

5761 W Olympic Boulevard, Los Angeles, California 90036 home-pic-0

5761 W Olympic Boulevard

Los Angeles, California 90036

ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,022Sq Ft
6,752Lot Size

Property Price

LIST PRICE$1,500,000
EST. MARKET VALUE
$1,598,947
6% BelowMARKET VALUE

SUMMARY

Analysis of 5761 W Olympic Boulevard, Los Angeles, California 90036 reveals a Prime Investment Opportunity with a current list price of $1,500,000—significantly undercutting the $1,598,947 Fair Market Value by 6%. This valuation gap indicates a +$98,947 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,598,947 +$98,947 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5761 W Olympic Boulevard
Subject
$1,500,000*
List Price
442,022$791-
A
931 S Ogden Drive
Sold
$1,630,000322,017$8080.4 mi
B
815 S Spaulding Avenue
Sold
$1,743,200321,969$8850.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant updates including a gourmet kitchen, hardwood flooring, and en-suite bathrooms. While originally built in 1926, the home has been well-maintained and modernized with a versatile lower-level suite, meeting the criteria for a high-quality, well-functioning residence without the need for immediate major renovations.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Bonus Suite

    The property includes a fully equipped lower-level bonus area with its own kitchen, living space, and bedroom, providing excellent potential for multi-generational living, a guest suite, or rental income.

  • Exceptional Parking Capacity

    A long driveway accommodating over 8 vehicles plus a large garage offers a rare level of parking convenience for a central Los Angeles residence.

  • Development Potential

    Zoned R3 on a 6,752 square foot lot, the property presents significant long-term value for investors or owners looking to explore high-density residential opportunities.

CONSRISKS & DEFICIENCIES

  • High-Traffic Location

    Situated on Olympic Boulevard, a major thoroughfare, the home is subject to consistent street noise and traffic congestion, which may impact residential tranquility.

  • HPOZ Regulatory Constraints

    Being located within a Historic Preservation Overlay Zone (HPOZ) means any exterior renovations or development projects are subject to strict city oversight and approval processes.

About 5761 W Olympic Boulevard

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1926
Lot Size
6,752 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Wilshire Crest Elementary School

Grades K-5 • 0.6 mi

2/10

Carthay Center Elementary

Grades K-5 • 0.8 mi

5/10

Hancock Park Elementary School

Grades K-5 • 0.9 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.03.0
56%
Square foot2,0222,431
35%
Lot Size6,7526,752
50%
Price$1.50M$2.17M
12%
Price per sq ft$742$950
21%
Built year19261926
50%
HOA$0$0
50%
Days on market2184
2%

Pricing History

Listed for Sale

Mar 5, 2026

$1,500,000

Initial Listing

Sold

Dec 29, 2004

$745,000

Public Record

Sold

Aug 7, 2003

$540,000

Public Record

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