5502 W Olympic Boulevard
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | Listed by Christie's International Real Estate SoCal | $1,299,000 | |
| Listed by Christie's International Real Estate SoCal | |||
| | |||
|
Welcome to Maison 5, an exquisite collection of five brand new, individually titled Single Family Homes, each with its own APN, located in the heart of Los Angeles. Unit 5502 Olympic is the largest of the 5 with 3 bedrooms, 4 baths and 2135 interior square feet. These modern-style homes are designed across tri and quad levels, offering a luxurious living experience. The ground floor features a convenient 2-car garage with direct foyer access. As you ascend to the second level, you'll be captivated by the open-concept living area, including a spacious and stylish kitchen that's perfect for entertaining. Abundant natural light fills the living room, complementing the sleek contemporary design, creating an ideal space for relaxation. The bedrooms, all located on the upper floors, offer private bathrooms and ample closet space. The primary suite is a tranquil retreat, providing a private oasis to unwind after a long day. Conveniently situated in the vibrant and diverse Mid-Wilshire neighborhood, known for its central location, beautiful architecture, and rich cultural history, Maison 5 offers a coveted living experience. The area boasts iconic landmarks such as the art-deco-style Wilshire Ebell Theatre and the renowned Los Angeles County Museum of Art (LACMA), featuring a vast collection of art and artifacts from around the world. Mid-Wilshire is also a haven for food and shopping enthusiasts, with its plethora of restaurants, cafes, and boutiques catering to diverse tastes. From classic LA diners to trendy eateries and cozy coffee shops, Mid-Wilshire has something to offer everyone. Please note, home is no longer staged.
| |||
| May 9, 2024 | No longer available | - | |
| No longer available | |||
| Mar 15, 2024 | Listed by Compass | $1,298,000 | |
| Listed by Compass | |||
| | |||
|
Tenant occupied, on month to month., Can be delivered vacant. Limited showing due to occupancy. Welcome to Maison 5, an exquisite collection of five newly constructed, individually titled Single Family Homes, each with its own APN, located in the heart of Los Angeles. 5502 W. Olympic is the largest of the five with 3 bedrooms, 4 baths and 2135 interior square feet. These modern-style homes are designed across tri and quad levels, offering a luxurious living experience. The ground floor features a convenient 2-car garage with direct foyer access. As you ascend to the second level, you'll be captivated by the open-concept living area, including a spacious and stylish kitchen that's perfect for entertaining. Abundant natural light fills the living room, complementing the sleek contemporary design, creating an ideal space for relaxation. The bedrooms, all located on the upper floors, offer private bathrooms and ample closet space. The primary suite is a tranquil retreat, providing a private oasis to unwind after a long day. Conveniently situated in the vibrant and diverse Mid-Wilshire neighborhood, known for its central location, beautiful architecture, and rich cultural history, Maison 5 offers a coveted living experience. The area boasts iconic landmarks such as the art-deco-style Wilshire Ebell Theatre and the renowned Los Angeles County Museum of Art (LACMA), featuring a vast collection of art and artifacts from around the world. Mid-Wilshire is also a haven for food and shopping enthusiasts, with its plethora of restaurants, cafes, and boutiques catering to diverse tastes. From classic LA diners to trendy eateries and cozy coffee shops, Mid-Wilshire has something to offer everyone. The manager has listed the unit size as 2135 square feet.
| |||
| Apr 22, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Central LA
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 2 Baths
- 4,900 ft²
$8,732 /mo
- 3 Beds
- 3 Baths
- 2,075 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017