Elizabeth Olsen: Vanity Fair Oscar Party

Elizabeth Olsen stays classic in black at the 2012 Vanity Fair Oscar Party held at Sunset Tower on Sunday (February 26) in West Hollywood, Calif.

At the Graydon Carter-hosted event, the 23-year-old actress wore a Christian Dior dress, Ferragamo shoes, The Row clutch, a Saloni brooch, and rings by Graziela, Kara Ackerman, and Roseark.

PHOTOS: Check out the latest pics of Elizabeth Olsen

Elizabeth also stepped out at the Chanel and Charles Finch Pre-Oscar Dinner held at Madeo Restaurant on Saturday night (February 25) in Los Angeles.

15+ pics inside…