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5809 W Olympic Boulevard, Los Angeles, CA 90036
8
beds
4
baths
4616
ft2
· 6750
ft2 lot
$1,575,000
$341 / ft2
Listing provided courtesy of Lorenzo 'Nick' Cates, Pacific Playa Realty.
Source CRMLS.
Beautiful Miracle mile 4 unit building with long-term tenants. This is located in the heart of LA near shopping, dining and cultural and religious centers. Drive by only. In person viewing with accepted offer only (subject to interior inspection). All units 2 bed and 1 bath. Public records show more than 4600 sq ft of living space. Buyer to conduct own investigations and verifications. All units in good condition but few cosmetic upgrades could substantially increase the value. Major system upgrades include: Newer roof; new sewer line, new forced air furnaces; some new water heaters; new main electrical panels and circuit breakers (all required permits and receipts for work are available. Lots of room for upside on rents. Cannot deliver any units vacant. Click the virtual tour button to see video tour of all units or go here: https://fb.watch/46fKj6yLT8/
HOA
$—/month
On market
1 month
Year built
1948
Property type
Multi-Family
Parking
5
MLS
21677464
Price / Sq.Ft.
$341 / ft2
Status
Active
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Property Details
Interior Features & Layout
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Bath, Dining Room, Living Room, Kitchen
Rooms Info
•   
Room Information: Basement
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air, Central
Flooring
•   
Flooring: Carpet, Wood, Tile
Appliances
•   
Security Features: Smoke Detector(s)
Interior Size
•   
Building Area Total: 4616.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: Ground Level - no steps
•   
Zoning: LAR3
•   
Roof: Composition
•   
Foundation Details: Block
•   
Stories Total: 2
•   
Num Stories: Two
•   
Construction Materials: Stucco
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage - Two Door, Garage - Single Door, Assigned, Parking Space
•   
Garage Spaces: 5.00
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Lot Info
•   
Lot Size Acres: 0.1500
•   
Lot Size Area: 6750.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Contemporary
Exterior Features
•   
Direction Faces: South
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
Water & Sewer Info
•   
Sewer: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 62100.00
•   
Vacancy Allowance Rate: 1.00
•   
Total Actual Rent: 62100.00
•   
Total Expenses: 10000.00
•   
Gross Multiplier: 25.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 62100.00
•   
Tax Year: 2019
•   
Taxes: 5781.0
Lease Info
•   
Net Operating Income: 50300.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1434.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1434.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1134.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1134.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1134.00
•   
Unit 1 Total Rent: 1134.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1123.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1123.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
•   
Number With Patio: 1
•   
Number Of Units Leased: 4
•   
Number With Disposal: 4
School Neighborhood & Directions
School Info
•   
Directions: West of Hauser. North of San Vicente
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Unbranded
Other
Calculation
•   
Dom: 24
•   
Cdom: 24
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 8:06am
Neighborhood snapshot
79
Properties for sale
26
Median days on market
$778.67
Median sold price/sqft
98.68%
Sold/List %
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Property History
03/08/2021
03/08/2021
CRMLS #21677464
active
CRMLS #21677464
$1,575,000
--5.97%
02/02/2021
02/02/2021
CRMLS #21677464
active
CRMLS #21677464
$1,675,000
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