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5230 West OLYMPIC
Los Angeles (City), California, United States

Amenities

Garage.

Description

Calling ALL Offers! Seller will sell each 4-unit separately. Two adjoining 4 unit buildings being sold together (8 units total). Perfect opportunity for developer to build a high-end 28 unit apartment building (R3 Zoning, TOC Tier 3 density bonus) or buy-and-hold investor looking for an upgraded turnkey property. This property is located at Olympic and La Brea in the highly sought after Hancock Park/Mid-Wilshire area. The property includes 4 units located in each building comprised of 2 bedrooms and 1 bathroom. Each unit is considerably large and offers hardwood flooring throughout, new kitchen cabinets/counters, SS appliances, and private washer/dryer in-unit. Some other amenities include tankless water heaters & nice community outdoor space. There are 11 parking spaces total. Current rents have considerable upside. This area includes great restaurants and shopping, the best that LA has to offer with no vacancies! Do not disturb occupants!

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Presented by

Rodeo Realty

Rodeo Realty
Click To Show Phone
Main: +1 310 471 2600
Fax: +1 310 471 2602

Jimmy Heckenberg

Rodeo Realty
Click To Show Phone
Main: +1 310 724 7100
Mobile: +1 310 650 1116

Location

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