9683 W Olympic Blvd, Beverly Hills, CA 90212: Property For Sale: $5,245,000

9683 W Olympic Blvd Beverly Hills, CA 90212
Lovely Beverly Hills Apartment Building For Sale
Exclusively Listed By
Michael Stark
714-747-7615
Home  |  Photos  |  Slideshow  |  Links  |  Request Info  |  Contact


Lovely Beverly Hills Apartment Building For Sale

Property Highlights

  • First time for sale in over 30 years.
  • 6 units are fully rented.
  • All tenants on a month to month basis.
  • 7 on-site parking spaces, 4 are covered.
  • Lovely hardwood floors, tile, and moldings.
  • Significant improvements have been made.
  • Incredible location across from Roxbury Park.
  • Roxbury Park tennis courts, green spaces.
  • Under market rental rates, potential upside.
  • Development opportunities to be researched.
  • Drive by the property to see super location.
  • Please do not disturb the tenants.

Property Description

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.

For Sale

$5,245,000

MLS#: NP19014685
School District:
Beverly Hills
 
.