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    5809 W Olympic Blvd

    Los Angeles, CA 90036
    • $1,575,000
    • STATUS: Active Under Contract
    • ON SITE: 103 days
    • MLS #: 21-677464
    Under Contract
    UPDATED: 50 min ago
    $1,575,000
    • 8
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,616
      SQFT
    • $341
      $/SQFT
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Beautiful Miracle mile 4 unit building with long-term tenants. This is located in the heart of LA near shopping, dining and cultural and religious centers. Drive by only. In person viewing with accepted offer only (subject to interior inspection). All units 2 bed and 1 bath. Public records show more than 4600 sq ft of living space. Buyer to conduct own investigations and verifications. All units in good condition but few cosmetic upgrades could substantially increase the value. Major system upgrades include: Newer roof; new sewer line, new forced air furnaces; some new water heaters; new main electrical panels and circuit breakers (all required permits and receipts for work are available. Lots of room for upside on rents. Cannot deliver any units vacant. Click the virtual tour button to see video tour of all units or go here: https://fb.watch/46fKj6yLT8/

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-17T14:42:57.173. 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.markwiseproperties.com/homes/113836476
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    5809 W Olympic Blvd Los Angeles, CA 90036

    • Price: $1,575,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • MLS #: 21-677464
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,616
    SQFT
    $341
    $/SQFT
    1948
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Beautiful Miracle mile 4 unit building with long-term tenants. This is located in the heart of LA near shopping, dining and cultural and religious centers. Drive by only. In person viewing with accepted offer only (subject to interior inspection). All units 2 bed and 1 bath. Public records show more than 4600 sq ft of living space. Buyer to conduct own investigations and verifications. All units in good condition but few cosmetic upgrades could substantially increase the value. Major system upgrades include: Newer roof; new sewer line, new forced air furnaces; some new water heaters; new main electrical panels and circuit breakers (all required permits and receipts for work are available. Lots of room for upside on rents. Cannot deliver any units vacant. Click the virtual tour button to see video tour of all units or go here: https://fb.watch/46fKj6yLT8/
    Exterior Features

    Covered Parking 5 Cross Streets Olympic And Hauser Direction Faces South Entry Location Ground Level - No Steps Exterior Construction Stucco Garage Structures Total 1 Levels Ground LevelTwo Lot Location City Lot Size Area 6750 Other Structures None Parking Garage Garage - 2 CarGarage - 1 CarAssignedParking Space Patio Features Patio Open Roof Composition Style Contemporary Total Parking 6 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Shower And TubShower Stall Baths Total 4.00 Common Walls Attached Cooling None Den No Dining Room No Equipment Gas Or Electric Dryer HookupGas Dryer Hookup Family Room No Fireplace Rooms BathDiningLiving RoomKitchen Flooring CarpetHardwoodTile Foundation Details Block Heating Forced AirCentral Kitchen Features Tile CountersCeramic Counters Laundry In Unit Rooms Basement Water Heater Features GasMulti-Tank

    Property Features

    Alley YN No Assessed Total Value 418274 Entry Floor Number 1 Gross Income 62100 Gross Operating Income 62100 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 50300.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Security Features Exterior Security LightsSmoke Detector Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 10000 TVServices Cable TvTv Satellite Dish Type Of Units 2 Bedroom Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Lorenzo 'Nick' Cates DRE#01761836 of Pacific Playa Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-17T14:42:57.173. 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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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270