Beverly Hills Apartment Building Across From Roxbury Park

9683 W Olympic Blvd, Beverly Hills, CA 90212
MLS# NP19014685 Property Info
$4,150,000

Price Reduced! Owner User, Investor, Developer Opportunity – Prime location directly across the Roxbury Park – First time on the market in over 30 years – All 5 units are month to month. The charming French style apartment complex has 5 units around a lovely central landscaped courtyard. The front unit is on 2 levels, and has 2 bedrooms, living room, dining room, den, kitchen, 1 full bath, 2 half baths and private basement. A manager office with 3/4 bath and a separate entrance is located in the front, on the upper level. This extra unit can be combined with the front unit by opening one common wall, thus adding a room to the front unit. Permit may be required. The 4 units in the back consist of 2 units on 2 levels, and 2 units on 1 level. Each of the 4 units has 2 bedrooms, living room, dining room, kitchen, 1 full bath, and 1 half bath. There are 7 on-site parking spaces, 4 are covered. All of the units feature lovely hardwood floors, wainscoting, moldings, and tiles. Improvements have been made, such as replacing all heaters, and upgrading plumbing and electrical. There is a laundry area in the common basement. Per the Assessor, the building is 6,800 sf, the land 7,806 sf. The gross income from the property is approximately $150,300 per the Seller. Amenities at Roxbury Park include tennis courts, lawn bowling, a community center, playground, and green spaces. Walking distance to Century City, Beverly Hills High School, and the Golden Triangle. Opportunity is often just one connection away.

Michael Stark, Broker Realtor
Mike@SouthernCaliforniaBroker.com
Broker Realtor, DRE# 01207862
P.O. Box 15424, Newport Beach, CA 92659
949-574-9474 office line | 949-606-0369 fax