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1534 W Olympic

Los Angeles, CA 90015
  • $1,449,000
  • STATUS: Active
  • ON SITE: 114 Days
  • ID#: 21-768980
UPDATED: 47 min ago
$1,449,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,112
    SQFT
  • $283
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Ratings & Info

Description

Excellent value investment opportunity located on olimpic Bl.and one block east of union Ave. LAC 2 zoning buyer can choose to keep the units as long term rentals or develop it for a business and office spaces.all units are 2 bed and 1 bath,each unit is about 1200 SF,high ceiling,spacious living room.Walking distance to staples center,LA live,LA convention center and major public transportation available.Each unit has it's own gas & electric meter.High demand rental area.Drive by only do not walk on the property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-28T20:42:57.367. 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.cgluxuryhomesla.com/homes/120102447
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1534 W Olympic Los Angeles, CA 90015

  • Price: $1,449,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 47 min ago
  • ID#: 21-768980
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,112
SQFT
$283
$/SQFT
1902
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Excellent value investment opportunity located on olimpic Bl.and one block east of union Ave. LAC 2 zoning buyer can choose to keep the units as long term rentals or develop it for a business and office spaces.all units are 2 bed and 1 bath,each unit is about 1200 SF,high ceiling,spacious living room.Walking distance to staples center,LA live,LA convention center and major public transportation available.Each unit has it's own gas & electric meter.High demand rental area.Drive by only do not walk on the property.
Exterior Features

Direction Faces North Lot Size Area 4900 Other Structures Other Parking Garage Parking Space Total Parking 4 View Description City View YN Yes

Interior Features

Baths Total 0.00 Cooking Appliances Cooktop - Gas Cooling None Equipment Other Flooring MixedLaminate Heating Wall Kitchen Features Tile Counters Laundry None

Property Features

Gross Income 95765 Gross Operating Income 0 Insurance Expense 200.00 Like Units1 34 Like Units2 36 Like Units3 38 Like Units4 40 Maintenance Expense 250.00 Monthly Gross Income 7980.00 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Sale Type Standard Security Features Fire And Smoke Detection System Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGas Total Annual Expense 750 Type Of Units 4 Water Expense 300.00 Water Heaters YN Yes Year Built Source Assessor Zoning Lac2

Listing provided courtesy of Sophia Song DRE#01457530 of Universal Commercial Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-28T20:42:57.367. 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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