9683 W Olympic Boulevard, Beverly Hills

$5,245,000

0 Beds
0 Baths
6,800 Sqft
7,806 Lot Sqft
0 Garages

Price Reduced - Location, Location, Location! - Across From Roxbury Park - Potential upside due to under market rental rates - Development opportunity to build condominiums to be verified with the City - For sale for the first time in over 30 years - All units are rented, and on a month to month basis - Charming French style complex across from Roxbury Park. This beautiful original Beverly Hills residential income property has 6 units around a lovely central courtyard garden. The front unit is on two levels, and has 2 bedrooms, den, 1 full bath, and 2 half baths. Two units are on 2 levels, and two units are on 1 level. Each have 2 bedrooms, 1 full bath, and 1 half bath. The 6th unit is a studio which may not be up to code. All units feature lovely hardwood floors, tile, wainscoting, and moldings. Significant improvements have been made, such as replacing all heaters, and upgrading plumbing and electrical. There are 7 on-site parking spaces, 4 are covered. There is a laundry area in the basement. Square footage per the Assessor. Amenities at Roxbury Park include tennis courts, lawn bowling, a community center, playground, and green spaces. You should definitely drive by the property to see its incredible location, but please do not disturb the tenants.

Essential Information
MLS® #NP19014685
Price$5,245,000
Bathrooms0.00
Square Footage6,800
Lot Sqft7,806
Acres0.18
Year Built1936
TypeResidential Income
StatusActive
No of Units6
Community Information
Address9683 W Olympic Boulevard
AreaBeverly Hills (C01)
CityBeverly Hills
CountyLos Angeles
StateCA
Zip Code90212
Amenities
Parking Spaces7
Interior
# of Stories2
StoriesTwo
Exterior
Lot DescriptionGarden
Additional Information
Date ListedJanuary 19th, 2019
Days on Market88
ZoningBHR4*
Listing Details
AgentMichael Stark(01207862)
OfficeMichael Keen Stark
Property History
Price Reduced from $5,495,000 to $5,245,000
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 18th, 2019 at 3:18pm CDT. 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.

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