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    5815 W Olympic Blvd

    Los Angeles, CA 90036
    • $1,800,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 20-626908
    UPDATED: 170 min ago
    $1,800,000
    • 4
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,173
      SQFT
    • $567
      $/SQFT
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    5815 W Olympic Blvd is a charming, Spanish style, 4-unit apartment building located in the Miracle Mile area. This property was built in 1927 and consists of one (1) studio,\ two (2) one-bedrooms, and one (1) two-bedroom apartment. Onsite parking is also available for the tenants. This property was built in 1927 and consists of one (1) studio,\ two (2) one-bedrooms, and one (1) two-bedroom apartment. Onsite parking is also available for the tenants. This asset creates an ideal opportunity for an owner-user to occupy one of the two vacant units, or combine the two vacant units to create a home-like unit, or for an investor looking to improve income and generate better returns.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T23:42:43.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109593722
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    5815 W Olympic Blvd Los Angeles, CA 90036

    • Price: $1,800,000
    • Status: Active
    • Updated: 170 min ago
    • ID#: 20-626908
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,173
    SQFT
    $567
    $/SQFT
    1927
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    5815 W Olympic Blvd is a charming, Spanish style, 4-unit apartment building located in the Miracle Mile area. This property was built in 1927 and consists of one (1) studio,\ two (2) one-bedrooms, and one (1) two-bedroom apartment. Onsite parking is also available for the tenants. This property was built in 1927 and consists of one (1) studio,\ two (2) one-bedrooms, and one (1) two-bedroom apartment. Onsite parking is also available for the tenants. This asset creates an ideal opportunity for an owner-user to occupy one of the two vacant units, or combine the two vacant units to create a home-like unit, or for an investor looking to improve income and generate better returns.
    Exterior Features

    Entry Location Ground Level - No Steps Levels Ground Level Lot Location City Lot Size Area 6750 Other Structures Other Parking Garage Driveway Pool Description None Pool YN No Roof Asphalt Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 7 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 5.00 Cooking Appliances Cooktop - Gas Cooling Wall Unit(S) Equipment Range/OvenRefrigerator Flooring Wood Heating Wall Laundry None

    Property Features

    Assessed Total Value 1122000 Gross Income 83544 Gross Operating Income 81038 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 48671.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Sale Type Standard Security Features None Sewer None Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 32367 Type Of Units Apartments Water None Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Saadia 'Sam' Liberow DRE#01933858 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T23:42:43.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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