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Unlock exceptional flexibility and income potential in the heart of Longwood Highlands. Situated on a generous 9,657 square foot corner lot with access and parking from two streets, this 2,709 square foot property offers rare versatility in one of central Los Angeles' most connected neighborhoods.Previously operated as a fully licensed Residential Care Facility for the Elderly, the property is thoughtfully designed to accommodate up to 12 residents. Featuring 6 bedrooms, 4 bathrooms, and 2kitchens, the layout allows for seamless use as a spacious single family residence, a potential duplex style configuration, or a ready to operate assisted living facility. The home is fully ADA compliant and equipped with central HVAC, energy efficient Title 24 lighting, and premium Samsung appliances including washer and dryer. The expansive lot provides ample onsite parking with space for multiple vehicles, RVs, or additional equipment, along with room for potential expansion. A detached garageoffers added flexibility for storage, administrative use, training space, or creative conversion.Centrally located near Miracle Mile, Mid Wilshire, and Koreatown, the property is minutes from major healthcare centers, transportation corridors, shopping, and dining. Whether you are an investor seeking rental income, an operator looking for a turnkey RCFE, or a buyer searching for a large multigenerational home with upside, 4669 Olympic presents a rare opportunity in a prime Los Angeles location. Endless possibilities. Strong rental potential. Priced to move.
Property Type(s):
Commercial
| Last Updated | 2/13/2026 | Year Built | 1950 |
|---|---|---|---|
| Community | C18 - Hancock Park-Wilshire | County | Los Angeles |
Additional Details
| AREA | C18 - Hancock Park-Wilshire |
|---|---|
| LOT | 9657 sq ft |
| LOT DIMENSIONS | 65x150 |
Location
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Listed with Douglas Elliman
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