Beverly Hills, CA 90212,9561 W Olympic Boulevard
$5,050,000
$6,400,000
21.1%
Est.Price: ?

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11,772 SqFt

9561 W Olympic Boulevard Beverly Hills, CA 90212

Est. payment /mo
SOLD DATE : 08/09/2023

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Key Details

Sold Price $5,050,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 11,772 sqft

Price per Sqft $428

MLS Listing ID CL23272013

Sold Date 08/09/23

HOA Y/N No

Year Built 1955

Lot Size 8,400 Sqft

Acres 0.19

Property Sub-Type Other

Property Description

PORTFOLIO SALE WITH 9912 & 9916 DURANT DRIVE, BEVERLY HILLS... We are pleased to present a remarkable opportunity to acquire a portfolio of prime multifamily real estate in the highly sought-after City of Beverly Hills. This offering comprises three buildings, strategically located in incredible pockets of Beverly Hills. Each property also holds potential to build additional ADUs (buyer to verify) With a total of 16 units, this portfolio represents a unique chance to own a significant stake in one of the most desirable areas in Los Angeles. Situated on a large corner lot on Olympic Blvd and Camden Drive, this stunning 8-unit courtyard property was built in 1955 and is comprised of 2+2 and 3+2 units.. This mid-century gem offers a harmonious blend of timeless elegance and modern upgrades. The property features mostly copper plumbing throughout in addition to new in-unit water heaters, and 6 of 8 units have been renovated (one unit to be delivered vacant). It also provides ample tuck-under parking, and the soft-story retrofit has already been completed. The spacious units within 9561 Olympic Blvd average approximately 1,500 square feet each, providing residents with generous living spaces. Features include large living rooms, formal dining rooms, and crown moldings. The recent upda

Location

State CA

County Los Angeles

Zoning BHR4

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

New Construction No

Others

Tax ID 4328029016

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Bridge MLS
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.
Bought with JakeGlaser

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agent

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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