4015 W Olympic BLVD, Los Angeles, CA 90019
4015 W Olympic BLVD, Los Angeles, CA 90019
4015 W Olympic BLVD, Los Angeles, CA 90019
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Monica Franco

Monica Franco

+1(951) 538-6607
$1,689,000
Est. payment /mo
4 Beds
6 Baths
5,184 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $325

MLS Listing ID 25625885

Bedrooms 4

HOA Y/N No

Year Built 1922

Lot Size 3,576 Sqft

Property Description

Mixed-use retail/residential spaces. With a total of 2 retail units and 4 studios, this property spans approximately 4,907 SF on a land area of around 3,485 SF. The historical charm of this 1922-built property is complemented by a prime location and a favorable C2 zoning. Current income flows from well-established tenants include Eye Lab and Sign in the retail spaces, with studios generating steady rental revenues. The property's desirable location and potential for increased revenue make it an attractive investment with a current cap rate of 4.6%. Comparable sales in the area highlight the competitive pricing and value offered by this property. For savvy investors seeking a distinctive opportunity in a bustling area of Los Angeles

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAC2

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal

Exterior

Parking Features None

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5092004023

Special Listing Condition Standard

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Listed by Elijah Shin Dream Realty & Investments Inc #01358906

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Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

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