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Keller Williams Estates
5815 W Olympic Boulevard, Los Angeles, CA 90036
- $2,300,000
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- 26107252
- Year Built
- 1927
- Lot Size
- 6,750
- Acres
- 0.16
- Days on Market
- 47
- Property Type
- Commercial
Property Description
A four-unit multifamily property in Los Angeles' Miracle Mile / Mid-Wilshire area, built in 1927 on a 6,750 SF lot with a 3,173 SF building. The unit mix includes one studio, two 1BR/1BA units and one 2BR/2BA unit. The studio and two-bedroom are leased at market rents, while both one-bedroom units have been renovated and will be delivered vacant, giving a buyer immediate lease-up at market rents or the option to occupy a unit while collecting income from the rest. The property includes two permitted ADU spaces of approximately 668 SF each, offering potential to expand from four to six units. Five parking spaces on site. Central location near Museum Row (LACMA, Academy Museum, Petersen, La Brea Tar Pits), The Grove and Original Farmers Market, with easy access to Beverly Hills, Century City, Hancock Park and Koreatown. Ideal for an owner-user or value-add investor. Buyer to independently verify all ADU permits, plans, dimensions and square footage.
Additional Information
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Jenny Eng (jenny.eng@CBRE.com) from Listing Office: CBRE.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.