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4015 W Olympic Blvd, Los Angeles, CA, 90019

4beds
6baths
5,184sqft
$1,689,000
$326price/sqft
$11,902/moest. monthly cost
$476,080/yrincome needed

About This Home

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

Getting Around

88
WalkingVery Walkable
67
TransitGood Transit
61
BikeBikeable

Schools

5/10
7/10
4/10

Construction

Condition

  • Year built: 1922

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range/Oven

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,184
  • Total interior livable area: 5,184 sqft

Property

Details

  • Parcel number: 5092004023
  • Zoning: LAC2
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 3,576 sqft

Parking

  • Parking features: None