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232 W Olive Street
USD 4,100,000
Property ID: 23302355
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232 W Olive Street ,90301
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icon 24311 SqFt
icon Built in 1925
icon USD 169/SqFt
icon 18 Beds
icon 14 Full
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Location Street View
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Interior Details
Bedrooms
18
Bathrooms
14
Interior Size
10106
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1925
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Detailed Introduction Of This Home
100% Collections during COVID *Unique unit mix of nine 1+1; and four 2+1 (the following four units are bungalows: #3, #4, #5 and #6) *Minutes to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024), and Centinela Hospital Medical Center *Over One-Half Acre of Land (24,311 SF); Future Development Potential (INR3YY zoning) *Upgraded Community includes New Exterior Paint, Landscaping, and Conversion of a Garage to a Large Leasing Office with Bathroom *7 out 15 units have been renovated with quartz countertops and stainless-steel appliances; built-in microwaves *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. The Portfolio offers tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Nine of the eleven properties have attractive fixed rate assumable financing with an average interest rate of 3.72% is available (see Loan Summary in OMs for individual property details). *See Property website for OMs, rent rolls and other information for ALL Properties.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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232 W Olive Street
USD 4,100,000 18 Beds
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