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    8615 W Olympic Boulevard

    Los Angeles (City), CA 90035
    • $5,800,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: OC21111638
    $5,800,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    8611-8615 West Olympic Boulevard is a 12 unit offering built in 1948. The beautiful 2 bedroom, 1 bathroom apartments are situated near Beverly Hills, Miracle Mile, Cheviot Hills and Century City. Located in the Pico-Robertson area, you will find the neighborhood is low key with a great sense of community and quiet living. 8 units have been renovated with quartz countertops, new cabinets, stainless steel appliances, and vinyl plank floors. Select windows have been replaced with dual pane windows. ***6 units have been retrofitted with Central A/C.***

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T00:28:42.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
    www.buysocal.homes/homes/117783631
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    8615 W Olympic Boulevard Los Angeles (City), CA 90035

    • Price: $5,800,000
    • Status: Active
    • ID#: OC21111638
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1948
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    8611-8615 West Olympic Boulevard is a 12 unit offering built in 1948. The beautiful 2 bedroom, 1 bathroom apartments are situated near Beverly Hills, Miracle Mile, Cheviot Hills and Century City. Located in the Pico-Robertson area, you will find the neighborhood is low key with a great sense of community and quiet living. 8 units have been renovated with quartz countertops, new cabinets, stainless steel appliances, and vinyl plank floors. Select windows have been replaced with dual pane windows. ***6 units have been retrofitted with Central A/C.***
    Exterior Features

    Carport Spaces 10 Carport YN Yes Lot Features Level Number Of Separate Electric Meters 13 Parking Features Detached Carport Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Convection OvenDishwasherDisposalGas OvenMicrowave Common Walls 2+ Common Walls Cooling Central AirWall/Window Unit(S) Cooling YN Yes Flooring Vinyl Interior Features Crown MoldingStone Counters

    Property Features

    Additional Parcels YN Yes Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 337524 Gross Scheduled Income 339365 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Net Operating Income 227960 New Construction YN No New Taxes Expense 71502 Number Of Separate Gas Meters 13 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 109564 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 13430 Trash Expense 0 Vacancy Allowance 4140 Water Sewer Expense 0 Water Source Public Zoning Lar3

    Listing provided courtesy of Mike Marcu of Mike Marcu, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T00:28:42.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
     
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    The Kohler Group | Zutila
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    Irvine CA, 92604