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Highlights

  • Pet Friendly
  • Friendly staff
  • Newly renovated units
  • Peaceful quaint atmosphere
  • Well maintained property

Location

1416 W Olympic Blvd, Los Angeles, CA 90015, USA|Pico Union
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Management

Winstar Properties

Our team has verified this company

Leasing office

(424) 401-2580

Property Overview

The Ritz Apartments is a highly rated community with an overall Zumper Expert Rating of 8.9/10, offering an excellent balance of price and value, standout amenities, and top scores for both location and quality. Residents can expect friendly staff, newly renovated units, a peaceful, well‑maintained setting, strong transparency from management, close proximity to highly rated schools, and convenient pet-friendly resources including nearby dog parks, grooming, hospitals, and supply stores.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.9
Very Good
With a solid 8.9 out of 10 overall, The Ritz Apartments is a great option for renters. While some aspects, like Amenities, might not be as distinguished as other properties nearby, The Ritz Apartments has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Middle school nearby
  • Laundry available on site

Great for

  • Pet owners

Floor plans

StudioStudio1 bath$1,325–$1,495 /mo3 units availableONE MONTH FREE MOVE IN SPECIAL Live steps away from the best of Downtown LA while enjoying the charm and tranquility of Westlake. The Ritz Apartments offer the perfect blend of old-world character and modern convenience. With quick access to freeways, public transportation, restaurants, nightlife, and parks—you’ll have everything you need right at your doorstep. HIGH WALK SCORE! https www walkscore com score 1416-w-olympic-blvd-los-angeles-ca-90015 Apartment Features: Renovated Unit New Flooring Granite Countertops Refrigerator & Stove Included On-Site Laundry Gated Entry Pet Friendly Street Parking Only 24/7 Emergency Maintenance Online Payment Option Schedule Your Tour Today! Call/Text: (213) 319-4621 Email: **** Pricing & availability subject to change at any time. Unit pictured may not be exact unit available. We are an Equal Housing Provider and follow all Fair Housing laws.

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Amenities for The Ritz Apartments

Appliances

Refrigerator and Stove

Building

Cats OKDogs OK
Onsite Laundry

Services

24/7 Emergency Maintenance Service

Other

Online Payment Option
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units24
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About The Ritz Apartments

HomeApartments in Los AngelesPico Union The Ritz Apartments

The Ritz Apartment is conveniently located in West Lake just outside of Downtown. The community consists of newly renovated units, friendly staff and a well maintained property. Quick access to any amenity you can imagine. Very high walk score. Transit is close by and offers the convenience of only being minutes away from LA Live and the Staples Center. A brilliant location where you will enjoy the night life of Downtown LA, and be able to appreciate the peaceful quaint atmosphere that West Lake has to offer. With a touch of old world charm and the convenience of a modern unit, you'll feel right at home. Shorter-term leases available.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, The Ritz Apartments is a great option for renters. While some aspects, like Amenities, might not be as distinguished as other properties nearby, The Ritz Apartments has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
How we rated The Ritz Apartments
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, The Ritz Apartments is a great option for renters looking for apartments in Pico Union. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Ritz Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Ritz Apartments offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
The Ritz Apartments has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at The Ritz Apartments.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Ritz Apartments has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

The Ritz Apartments is great for:

Pet owners

  • 17 pet supply stores near the property
  • 1 dog park within 1 mile
  • 3 pet grooming services nearby
  • 2 pet hospitals in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Ritz Apartments compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
Middle school nearby
There is a middle school 1 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Pico Union

studio apartments at The Ritz Apartments cost about 2% less than the average rent price for studio apartments in Pico Union.

Median rents as of May 16 2026.
Pico Union
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
June 2024$1,778
July 2024$1,816
August 2024$1,848
September 2024$1,848
October 2024$1,801
November 2024$1,814
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,702
October 2025$1,702
November 2025$1,709
December 2025$1,738
January 2026$1,739
February 2026$1,721
March 2026$1,697
April 2026$1,690
May 2026$1,650
A table of studio rental data trends in Pico Union
MonthMedian Rent
June 2024$1,403
July 2024$1,459
August 2024$1,450
September 2024$1,450
October 2024$1,495
November 2024$1,486
December 2024$1,468
January 2025$1,447
February 2025$1,402
March 2025$1,396
April 2025$1,327
May 2025$1,384
June 2025$1,385
July 2025$1,377
August 2025$1,344
September 2025$1,310
October 2025$1,320
November 2025$1,384
December 2025$1,397
January 2026$1,400
February 2026$1,391
March 2026$1,385
April 2026$1,361
May 2026$1,347

Affordability calculator

Can I afford to live at 1416 W Olympic Blvd?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$53,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this studio monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.

Schools near The Ritz Apartments

Olympic Primary Center

950 s albany st

los angeles, CA, 90015

KPublic

Tenth Street Elementary School

1000 grattan st

los angeles, CA, 90015

1-5Public
C+

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public
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Internet available near The Ritz Apartments

Getting around Los Angeles near 1416 W Olympic Blvd

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
This area is accessible to thoroughfares and has ample parking options.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1416 W Olympic Blvd, Los Angeles

Groceries

10/10
Several grocery stores nearby

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Variety of cafés within a few minutes' walk

Restaurants

9/10
Variety of restaurants within a few minutes' walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

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