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9500 W Olympic Boulevard

Beverly Hills, CA 90212
  • $21,500,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 21104381
UPDATED: 21 min ago
$21,500,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Listing Agent: Iman Eshaghyan of Coldwell Banker Realty and Aram Afshar of Coldwell Banker Realty


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 California Regional Multiple Listing Service, Inc. as of 2021-12-05T19:26:00.673. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123221465
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9500 W Olympic Boulevard Beverly Hills, CA 90212

  • Price: $21,500,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 21 min ago
  • ID#: 21104381
0
Beds
0
Baths
0
½ Baths
0.67
Acres
Neighborhood:
C01 - Beverly Hills
County:
Los Angeles
Area:
C01 - 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

Parking Features AssignedCoveredGated Parking Total 22

Interior Features

Appliances DishwasherDisposalMicrowaveDryerWasher Cooling Central AirWall/Window Unit(S) Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Gross Income 1334574 Laundry Features Laundry Closet Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 851898 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 83 Zoning Bhr4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-05T19:26:00.673. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Iman Eshaghyan of Coldwell Banker Realty and Aram Afshar of Coldwell Banker Realty