Beverly Hills, CA 90212,9561 W Olympic BLVD
Beverly Hills, CA 90212,9561 W Olympic BLVD
Beverly Hills, CA 90212,9561 W Olympic BLVD
Beverly Hills, CA 90212,9561 W Olympic BLVD
Beverly Hills, CA 90212,9561 W Olympic BLVD
Beverly Hills, CA 90212,9561 W Olympic BLVD
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$5,050,000

$6,400,000

21.1%
Est.Price: ?

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Est. payment /mo

16 Beds

16 Baths

11,772 SqFt


SOLD DATE : 08/09/2023

Key Details

Sold Price $5,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,772 sqft

Price per Sqft $428

MLS Listing ID 23272013

Sold Date 08/09/23

Bedrooms 16

HOA Y/N No

Year Built 1955

Lot Size 8,398 Sqft

Acres 0.1928

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 updates to the property include new stainless steel kitchen appliances, in-unit washers/dryers and renovated bathrooms. There's also a potential to build (2) ADUs in the tuck-under parking area (Buyer to verify).

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning BHR4YY

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Garage Covered

Parking Type Covered

Building

New Construction No

Others

Senior Community No

Tax ID 4328029016

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.
Bought with Jake Glaser • Lyon Stahl Investment Real Estate, Inc.
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4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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