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9500 W Olympic Blvd

Beverly Hills, CA 90212
  • $21,500,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 21-104381
UPDATED: 63 min ago
$21,500,000
  • 34
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are excited and pleased to exclusively offer for sale, three fabulous well-maintained investment opportunity, charming apartment buildings in prime Beverly Hills. Totaling 29 Units - one property can potentially build 11-Units - Buyer to verify. Majority of the units will be delivered VACANT which is a huge plus. All three properties are located within minutes of each other and offer a savvy investor a rare opportunity to purchase irreplaceable real estate (as a portfolio, sub-portfolio or individually). While all three properties have been well maintained under current ownership, units undergone major renovations investors will have the opportunity to capitalize on the demand for renovated interiors 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. The PORTFOLIO offers an attractive selection of large and spacious studios, one and two bedroom units. ALL PORTFOLIO ADDRESSES ARE: 9500 W. Olympic Blvd. Beverly Hills, CA 90212 (16-Units) - APN # 4330-022-027; 210 S. Hamilton Drive, Beverly Hills, CA 90211 (10-Units) - APN# 4333-029-019; 213 S. Gale Drive, Beverly Hills, CA 90211 (3-Units & Development Opportunity to build 11 Units Buyer to Verify) - APN # 4333-029-013. All three APN#'s are sold as one at this price but could also be purchased individually.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-06T21:43:18.327. 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.haciendagroupinc.com/homes/123219634
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9500 W Olympic Blvd Beverly Hills, CA 90212

  • Price: $21,500,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 63 min ago
  • MLS #: 21-104381
34
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Beverly Hills
County:
Los Angeles
Area:
Beverly Hills
Property Description
We are excited and pleased to exclusively offer for sale, three fabulous well-maintained investment opportunity, charming apartment buildings in prime Beverly Hills. Totaling 29 Units - one property can potentially build 11-Units - Buyer to verify. Majority of the units will be delivered VACANT which is a huge plus. All three properties are located within minutes of each other and offer a savvy investor a rare opportunity to purchase irreplaceable real estate (as a portfolio, sub-portfolio or individually). While all three properties have been well maintained under current ownership, units undergone major renovations investors will have the opportunity to capitalize on the demand for renovated interiors 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. The PORTFOLIO offers an attractive selection of large and spacious studios, one and two bedroom units. ALL PORTFOLIO ADDRESSES ARE: 9500 W. Olympic Blvd. Beverly Hills, CA 90212 (16-Units) - APN # 4330-022-027; 210 S. Hamilton Drive, Beverly Hills, CA 90211 (10-Units) - APN# 4333-029-019; 213 S. Gale Drive, Beverly Hills, CA 90211 (3-Units & Development Opportunity to build 11 Units Buyer to Verify) - APN # 4333-029-013. All three APN#'s are sold as one at this price but could also be purchased individually.
Exterior Features

Lot Size Area 29007 Other Structures None Parking Garage AssignedCovered ParkingGated Total Parking 22

Interior Features

Baths Total 36.00 Cooling CentralWall/Window Equipment Built-InsDishwasherDryerFreezerGarbage DisposalMicrowaveWasher Heating Central Laundry In Closet

Property Features

Gross Income 1334574 Gross Operating Income 1294537 Like Units1 2 Like Units2 20 Like Units3 7 Net Operating Income 851898.00 Number Of Buildings 3 Number Of Units 29 Sale Type Standard Source Lot Size Area Assessor Total Annual Expense 442639 Type Of Units Income Zoning Bhr4*

Listing provided courtesy of Iman Eshaghyan DRE#01494608 of Coldwell Banker Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-06T21:43:18.327. 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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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253