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.

PHOTOS: Check out the latest pics of Elizabeth Olsen

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.

Lizzie was seen rubbing shoulders with Pariah actress Adepero Oduye and Mirror Mirror‘s Lily Collins.

10+ pictures inside of Elizabeth Olsen at the Vanity Fair Oscar Party…