4015 W Olympic Boulevard, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties

Photo of Dennis Kamrany

Dennis Kamrany REALTOR® - Sales Associate 310-699-7010 m
Lic#: 01933492
NRDS ID: 175525183
denniskamrany@gmail.com Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541

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Agent Remarks

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

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 25625885

List price is $1,689,000

Beds: 4

Baths: 6

Built in 1922

5,184 sqft

0.08 acres

Lot size: 0.0821

County: Los Angeles