4669 W Olympic Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 6 bed, 4 bath
ACTIVE$2,424,000
4669 W Olympic Boulevard, Los Angeles, California 90019
6Beds
4Baths
2,709Sqft
9,657Lot
Year Built
1950
Close
-
List price
$2.42M
Original List price
$2.5M
Price/Sqft
$895
HOA
-
Days on market
-
Sold On
-
MLS number
25575935
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $2.42M(94th), sqft - 2709(91th), beds - 6(95th), baths - 4(77th).
Size, Size, Size - 4669 Olympic has a large lot size @9657 sqft, 2709 sqft home. Parking from both streets with space for cars, RV, or toys, space for expansion. This property was previously operated as a fully licensed Residential Care Facility for the Elderly (RCFE). This home has great potential for large family, or separate into two units, many possibilities. Located in Longwood Highlands and close to transportation, shopping, healthcare and centrally located near key areas of the city. The property can accommodate up to 12 residents' facility, Priced to Sell, lets open escrow. Great Rental Potential!!
Price History
Date
Event
Price
12/10/25
Price Change
$2,424,000-1.1%
10/08/25
Price Change
$2,449,999-2.0%
08/06/25
Listing
$2,499,999
04/07/22
Sold
$2,189,000
07/28/20
Sold
$1,590,000
03/03/20
Sold
$1,450,000
12/18/19
Sold
$1,000,000
Condition Rating
Fair
Built in 1950, the property shows signs of partial updates, including a refreshed kitchen with white shaker cabinets and dark countertops, and some areas with newer laminate flooring and recessed lighting. However, the bathrooms, particularly the RCFE-style one with institutional fixtures and fluorescent lighting, are functional but outdated in style. Other areas appear basic or utilitarian, reflecting its past use. While maintained and livable, the home requires further modernization and potential reconfiguration to meet current residential aesthetic standards and optimize its layout for a typical family.
Pros & Cons
Pros
Generous Lot and Home Size: The property boasts a substantial 9657 sqft lot and a spacious 2709 sqft home, offering ample space for living and potential development.
High Income & Versatility Potential: Previously a licensed Residential Care Facility for the Elderly (RCFE) accommodating up to 12 residents, the property offers significant rental income potential and versatility for a large family or conversion into multiple units.
Strategic Central Location: Located in the desirable Longwood Highlands, the property offers excellent accessibility to transportation, shopping, healthcare, and key areas of Los Angeles.
Exceptional Parking & Expansion Capacity: With parking access from two streets, there is abundant space for multiple vehicles, RVs, or toys, along with clear potential for future expansion.
Desirable City Lights View: The property features a captivating city lights view, enhancing its aesthetic appeal and market value.
Cons
Property Age & Potential for Updates: Built in 1950, the home is likely to require significant updates to its systems, finishes, and overall aesthetic to meet modern standards and preferences.
Recent Price Adjustments: The property has undergone multiple price reductions from its original listing, which may indicate market resistance or an initial overestimation of its value.
Specialized Layout from Prior Use: Its previous operation as an RCFE suggests a specialized layout that may not be optimal for a standard single-family residence or easy multi-unit conversion without substantial renovation and reconfiguration costs.