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6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
6542 West OLYMPIC Blvd, Los Angeles, CA 90048
Listing courtesy of: Shalom Guli, Real Pro Financial
For Sale (MLS-listed)
$4,000,000

6542 West OLYMPIC Blvd Los Angeles, CA 90048

Beds: 14
Baths: 5
Sq. Ft.: 16,414
$/Sq. Ft.: $244
Lot Size: 0.38 Acres
Property Type:Multi-Family
Year Built: 1936
Community: Beverly Center/Miracle Mile
County: Los Angeles
MLS#: 09-409925
Source: TheMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 16 days
Olympic Castle is twin Buildings attched to each other on a double lot, 14 Parking spaces in garages with alley access. Great architecture. 300 Yards from "Beverly Hills Park". separately metered. all - hardwood floor. Exteriorly painted 2 years ago. All heaters were replaced 2 years ago. Copper plumbing has been installed in the west building. Newly roofed 5 years ago. Loan ~ is not assumable. The best long term investment.

Interior Features

  • Other (See Remarks)

Building Information

  • Total Floors: 2

Unit 1 Information

  • Number: 1
  • # of Beds: 3
  • # of Baths: 1
  • Monthly Rent: $2,175

Unit 4 Information

  • Number: 1
  • # of Beds: 3
  • # of Baths: 1
  • Monthly Rent: $2,218

Land Information

  • Assessed Land Value: $144,024

Financial Information

  • Capitalization Rate (%): 5.25
  • Net Operating Income: $210,383
  • Adjusted Gross Income: $289,403
  • Gross Operating Income: $289,403
  • Actual Rent (Total): $289,403
  • Actual Annual Gross Rent: $289,403
  • Gross Rent Multiplier: 13.82

Heating & Cooling

  • Other Heating (See Remarks)
  • Other Cooling (See Remarks)

Community Features

  • Units in Complex (Total): 12

Unit 2 Information

  • Number: 1
  • # of Beds: 3
  • # of Baths: 1
  • Monthly Rent: $2,400

Unit 5 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Monthly Rent: $2,000

Location Information

  • Cross Streets: LA CIENEGA (ORLANDO, JUST EAST OF LA CIENEGA)
  • Driving Directions: -----------------------------------------------------------------On Olympic Just east of La cienega

Expense Information

  • Total Annual: $79,020
  • Electric: $8,000
  • Gardener: $1,500
  • Insurance: $6,370
  • Gas: $2,000
  • Maintenance: $5,000
  • Other: $2,000
  • Trash: $2,150
  • Water: $2,000

Parking Information

  • # of Garage Spaces: 14
  • # of Parking Spaces (Total): 14
  • # of Covered Spaces: 14
  • Garage

Multi-Family Information

  • # of Buildings: 2

Unit 3 Information

  • Number: 1
  • # of Beds: 3
  • # of Baths: 1
  • Monthly Rent: $2,350

Lot Information

  • Lot Size (Sq. Ft.): 16,520
  • Lot Size Source: Vendor Enhanced
  • On Alley
  • Zoning: LAR3

Property Information

  • Square Footage Source: Vendor Enhanced
  • Assessed Improvement Value: $178,134
  • Tax Parcel Number: 5087007002
  • Legal Disclosures: Take Property As Is
  • Legal Disclosures: Rent Control

Listing Information

  • MLS: CLAW

Listing last changed

November 16, 2009, 3:02 PM

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Property History for 6542 West OLYMPIC Blvd

Date Event Price Appreciation Source
Nov 06, 2009 Listed $4,000,000 -- TheMLS #09-409925

Public Facts for 6542 West OLYMPIC Blvd

Beds: -
Baths: -
Finished Sqft: 16414
Unfinished Sqft: -
Total Sqft: 16414
Floors: -
Lot Size: 8,276
Style: Multi-Family (5+ Unit)
Year Built: -
Year Renovated: 1936
County: Los Angeles County
APN: 5087007019
Last Updated: November 17, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $299,684
Additions $370,658
Total $670,342
Tax (2009) $4,831

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