9500 W Olympic Blvd - Apartments FOR SALE


Beverly Hills, CA 90212
$10,995,000 USD
310-600-8209
9500 W Olympic Blvd, Beverly Hills, CA for Sale
$10,995,000 USD
Apartments - FOR SALE
1/30
null | 4.54% Cap Rate

9500 W Olympic Blvd
Beverly Hills, CA 90212


HIGHLIGHTS

  • Prime Beverly Hills Location!!!
  • Corner Property!
  • 16-Luxury Unit Apartment Building
  • Building Approx. - 11,270 SF. & Lot Size Approx. - 12,105 SF
  • Selected Units Renovated with Washer/Dryer & New Roof
  • Huge Upside in Rents

OVERVIEW

Coldwell Banker Commercial NRT is pleased to present Beverly Hills Oasis Apartments, a 16-unit luxury apartment building located in prestigious Beverly Hills, CA. Situated on a corner lot, southwest corner of Olympic Blvd. & El Camino Drive. The two-story building features 16-units, fourteen (14) large and spacious one bedroom with one bathroom as well as two (2) units that are large studios with one bathroom and kitchen. Select units have been transformed into ultra-modern luxury residences which boast new European cabinetry, stainless steel appliance packages with in-unit Washer/Dryers, LED lighting systems, engineered plank flooring, countertops and many more. In addition, there is a large basement that contains private storage lockers that can be leased for additional income. There is a total of nine parking spaces to the rear of the property. While the subject property has been well-maintained under current ownership, units undergone major renovations investors will have the opportunity to capitalize on the demand for renovated interiors/exterior and take advantage of the superior submarket fundamentals in Beverly Hills which features some of the lowest vacancies and strongest rents in Metro Los Angeles. *** For a full marketing Offering Memorandum please contact, Listing Agent ***

FOR SALE DETAILS

PRICE

$10,995,000 USD

PRICE/SF

$976 USD /SF

# OF UNITS

16

PRICE/UNIT

$687,188

CAP RATE

4.54%

% LEASED

31%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,105 SF

ZONING

BHR4*

APN/PARCEL ID

4330-022-027

ASK ABOUT THIS PROPERTY

Iman EshaghyanColdwell Banker Commercial RealtyMore Info
310-600-8209

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Iman EshaghyanColdwell Banker Commercial RealtyMore Info
310-600-8209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.