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$1,960,000
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Property Description
Full of charm and potential, this classic Spanish duplex offers a rare opportunity to restore and reimagine a grand residence in a desirable neighborhood. With hardwood floors, tiled kitchens, and generously sized layouts, each unit features formal dining rooms, separate breakfast nooks, spacious entry and central halls, and high ceilings throughout. Each unit includes 4 bedrooms plus a bonus den, 2 bathrooms, individual laundry areas, and direct access to a private backyard ideal for families or creative live/work setups. Additional highlights include a wood-burning fireplace, ample storage, and parking for four cars, including a garage with an automatic door. While the property requires significant renovation, it presents a fantastic opportunity for end users or investors to create something truly special. Opportunities like this with size, character, and prime location rarely come to market.
Full Property Details
Full Property Details for 8701 W Olympic Blvd
General
- Sold For: $1,960,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-428411
- Added to Site: 521 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit, Room
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Garage - 2 Car, Garage, Private, Private Garage, Driveway
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: Olympic Blvd. East of Robertson
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central
Utilities
- Sewer: In Street
Structural Information
- # Buildings: 2
- Architectural Style: Spanish
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 4,681
- Sq. Ft. Source: Assessor
- Year Built: 1938
- Year Built Source: Assessor
- Property Condition: Fixer
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Total Bathrooms: 2
- Bedrooms: 4
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1465
- Lot Size: 6382
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Curbs, Back Yard, Fenced Yard, Yard
Financial Considerations
- Price Per Sq. Ft.: $490.28
- Assessment Year: 1938
Disclosures and Reports
- Disclosures/Reports: As Is, Lender Owned/REO
- APN: 4333-012-039
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Schools
Schools serving 8701 W Olympic Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Carthay Center Elementary 6351 West Olympic Boulevard, Los Angeles, CA 90048 | K-5 | 0.7 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 3.1 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8701 W Olympic Blvd
Date
Details
Price
Change
Source
8/20/2025
Sold
$1,960,000
-14.6%
MLS
10/22/2024
Price Reduced
$2,295,000
-4.18%
MLS
8/15/2024
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8701 W Olympic Blvd, Los Angeles, CA 90035 (MLS# 24-428411) is a Multi-Family property that was sold at $1,960,000 on August 20, 2025. This property was listed by Philip Boroda from our Sherman Oaks Office.Want to learn more about 8701 W Olympic Blvd? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.


