Property listed by Equity Union, Eliyahu Appel 818-989-2000
$1,895,000
The Appel Group with Equity Union Commercial is pleased to present 8614 W. Olympic Blvd, a 1932 Spanish style building in the beautiful Beverly Hills Adjacent neighborhood. This character-filled building features terracotta steps, an arched entry that curves around the front door, and several Spanish-inspired balconies. A red clay barrel-tile… Read More roof, decorative tile accents and trimmed hedges along a landscaped courtyard walk complete the look. The property has five residences: one 2 bed / 1.5 bath unit, one 2 bed / 1 bath unit and three 1 bed / 1 bath units. Inside each apartment are hardwood floors, arched shelving, and a dedicated laundry area. Five covered parking spaces are located at the back of the property. The property totals 4,934 SF on a 7,000 SF lot. Over the years it has seen a number of improvements and upgrades, including the replacement of the old gravity furnaces with forced air furnaces in 2017. The building is on Olympic Boulevard near Robertson and La Cienega, with La Cienega Park, the Beverly Center, Cedars-Sinai Medical Center and the Miracle Mile. Close by Pico and Robertson Boulevards offer plenty of places to eat and shop, from Sotto and Sangak Cafe to Glatt Mart, and Westfield Century City. The Grove and Rodeo Drive are a short drive away. With a Walk Score of 84, most errands can be doneon foot. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
7
3/4 Baths
6
Square Ft.
4,934
Lot Size
0.16 Acres
Year Built
1932
MLS Number
26106721
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1932, Living area: 4934.0, 1 building, 2 stories, Levels: Two
Cooling
None
Heating
ForcedAir
Income
Gross Income: $156,703, Net Operating Income: $110,288
Lot
0.1607 acres, Dimensions: 50x140
Parking
5 total parking spaces, Driveway
Taxes
Parcel Number: 4332024003, Zoning: LAR3
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