Main Content
Average Home Prices
- $1.7M Low
- $3.86M Avg
- $8.7M High
Home Price Per Square Foot
- $511 Low
- $948 Avg
- $1,684 High
This affluent neighborhood in the City of Angels lives up to its name with splendid homes, jetliner views, and high-profile residents. Find out why buyers are willing to pay a premium for homes for sale in Mount Olympus, Los Angeles.
AN OVERVIEW OF MOUNT OLYMPUS, LOS ANGELES
Getting to know Mount Olympus, Los Angeles
Mount Olympus is a residential community within the Hollywood Hills of Los Angeles. Its roughly 1,000 residents comprise a small but diverse population that includes some of the biggest names in media, sports, and business. The desirable enclave also attracts its fair share of international buyers who are drawn to the neighborhood’s hillside location, LA’s cultural attractions and urbane lifestyle.
Nearby Hollywood Boulevard is lined with shops, restaurants, bars, and cafes. Residents also have access to the similarly affluent communities of Hollywood, West Hollywood, Beverly Hills, and the San Fernando Valley.
A brief history
Mount Olympus is a master-planned community that was initially developed by Russ Vincent in the 1960s. As the name suggests, the developer took inspiration from the mythical mountain and built many Greek Revival-style homes in the area.
Location
Mount Olympus is bordered by Hollywood Boulevard, Laurel Canyon Boulevard, Nichols Canyon Road, and Willow Glen Road. The nearest major airports are LAX, Burbank Airport and Van Nuys Airport. Residents also have access to clubs and restaurants in The Sunset Strip and West Hollywood just south of Mount Olympus as well as parks and playgrounds.
• Fryman Canyon Park
• Runyon Canyon Park
• The Briar Summit Open Space Preserve
• Hollywood Bowl Park
Local libraries with extraordinary book collections and archives include:
• Mount Olympus Branch Library
• West Adams Branch Library
MOUNT OLYMPUS, LOS ANGELES HOMES FOR SALE
Overview of the local real estate market
Known for its opulent hillside mansions, Mount Olympus has a reputation for luxury real estate. The Mt. Olympus housing market comprises exclusively single-family homes. Most properties have outdoor pools, oversized garages, and expansive driveways. The most coveted homes command hillside views of the LA skyline and the surrounding areas.
Many of the older homes in the area feature Greek Revival architecture. But buyers will also find homes with Spanish, Contemporary, and Modern-style architecture.
Homes for sale in Mount Olympus tend to be a mix of older and new construction homes. Some of the vintage homes in the community have either been renovated or torn down for larger, more contemporary properties.
While these newer, architectural homes command high prices, many homebuyers find better value here when compared to homes in hillside neighborhoods like Sunset Plaza, the Bird Streets, and Doheny Estates. View homes in Mt. Olympus typically offers comparable square footage at more accessible price points.
According to Q1 2022 data from Realtor.com, single-family homes in Mount Olympus had a median listing price of $3.2 million and a median sales price of $2.7 million. Despite the higher median price, Mt. Olympus Los Angeles homes for sale in Mount Olympus are a desirable option for high net worth buyers due to the community’s less trafficked location in The Hills.
Overview of the community
The majority of Mount Olympus residents are accomplished professionals and entrepreneurs. The median household income is $122,829 which is higher than the national average.
The community also attracts many international buyers who want to invest in Los Angeles real estate. There are more homeowners than there are renters in the area, which brings a sense of stability and identity to the community.
Homes For Sale In Mount Olympus AVERAGE HOME STATISTICS
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4
BEDS
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5
BATHS
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4204
SQ.FT.
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1983
BUILD
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THE PERKS OF LIVING IN MOUNT OLYMPUS, LOS ANGELES
The Mount Olympus lifestyle is generally more laid-back and less trend-conscious than other areas in LA. However, residents have ready access to LA’s world-class cultural venues, dining scene, and nightlife.
Dining – Nearby Hollywood Boulevard, is lined with restaurants serving Thai, Japanese, Vietnamese, Mexican, Italian, and New American cuisine. From restaurant chains like Hard Rock Cafe to fine dining courtesy of Delphine. There are also several specialty coffee shops, breweries, and cocktail lounges.
Popular hangout spots include The Spare Room, a gaming parlor and cocktail lounge with vintage bowling lanes, and 25 Degrees, a 1950s-inspired bar with mahogany leather booths and other lavish details.
Shopping – Residents can shop for groceries at Bristol Farms, a gourmet food market along Sunset Boulevard which offers an excellent selection of meats, wines, cheeses, produce and household supplies.
When it comes to upscale retail, few places can compare to ROW DTLA, a collection of boutiques in Downtown Los Angeles. Major tenants include 7th Street Produce Market, an open air market that offers fresh produce and artisanal food products; Scent Bar, which carries luxury perfumers and home fragrances; and Bodega, a boutique selling clothing and footwear by designers like Comme des Garçons, Junya Watanabe, and Carhartt.
Attractions and destinations – The Kenneth Hahn State Recreation Area is a drive away for those who want to go hiking, biking, fishing, and camping amidst gorgeous scenery. The recreation area features a stunning native coastal sage scrub habitat as well as a fishing lake, lotus pond, and community center. It also has about five miles of hiking trails in addition to several playgrounds, picnic sites, lawns, and landscaped areas.
Griffith Park is also a drive away from the community and offers the perfect setting for a picnic or a day hike. Located within the Santa Monica mountain range, the park provides access to roughly 4,200 acres of natural terrain populated by oaks, sages, chaparrals, and other native plants. Highlights include the Griffith Observatory, Hollywood Sign, Bronson Caves, and LA Zoo.
FIND HOMES FOR SALE IN MOUNT OLYMPUS, LOS ANGELES WITH A TOP AGENT
Mount Olympus is one of the most coveted addresses in Los Angeles. It takes a local expert like Ben Kruger to find the perfect home and navigate a successful purchase. As a renowned agent in Mount Olympus and throughout Los Angeles, Ben has more than 15 years of real estate experience, having facilitated many transactions in the area.
Let him provide exceptional service during your home search. Call him at 310.600.4500 or send an email to ben(at)hiltonhyland(dotted)com.