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9561 Olympic Boulevard

Beverly Hills, CA 90212

$5,050,000 Sale Price
Est. Payment: $ 0/mo
16
Bed
0
Bath
11,772 Sq. Ft.
$544 / Sq. Ft.
Sold

9561 Olympic Boulevard

Beverly Hills, CA 90212

Sold
$5,050,000 Sale Price
$0/mo
16
Bed
0
Bath
11,772
Sq. Ft.
PORTFOLIO SALE WITH 9912 & 9916 DURANT DRIVE, BEVERLY HILLS... We are pleased to present a remarkable opportunity to acquire a portfolio of prime multifamily real estate in the highly sought-after City of Beverly Hills. This offering comprises three buildings, strategically located in incredible pockets of Beverly Hills. Each property also holds potential to build additional ADUs (buyer to verify) With a total of 16 units, this portfolio represents a unique chance to own a significant stake in one of the most desirable areas in Los Angeles. Situated on a large corner lot on Olympic Blvd and Camden Drive, this stunning 8-unit courtyard property was built in 1955 and is comprised of 2+2 and 3+2 units.. This mid-century gem offers a harmonious blend of timeless elegance and modern upgrades. The property features mostly copper plumbing throughout in addition to new in-unit water heaters, and 6 of 8 units have been renovated (one unit to be delivered vacant). It also provides ample tuck-under parking, and the soft-story retrofit has already been completed. The spacious units within 9561 Olympic Blvd average approximately 1,500 square feet each, providing residents with generous living spaces. Features include large living rooms, formal dining rooms, and crown moldings. The recent updates to the property include new stainless steel kitchen appliances, in-unit washers/dryers and renovated bathrooms. There's also a potential to build (2) ADUs in the tuck-under parking area (Buyer to verify).
PROPERTY INFORMATION
MLS # 23272013 Lot Size 8,400 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 6,400,000
Price Per SqFt: $ 544
DOM 718 Days
Address 9561 Olympic Boulevard Type Residential Income
City Beverly Hills Sq.Ft. 11,772 Sq. Ft.
Postal Code 90212 Garage N/A
County Los Angeles Year Built 1955
Bed / Bath 16 / 0 Parking N/A
Built In 1955 Status Closed
Sold Date 2023-08-09
INTERIOR FEATURES
Has Laundry Yes
Has Heating Yes
Heating Information Central
Has Cooling Yes
Cooling Information Central Air
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $6,827
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/18/2023 Listed $6,400,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

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Listing provided courtesy of Jake Glaser, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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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