9500 West Olympic Boulevard

Beverly Hills, CA 90212

$8,200,000
Last Sold Price
14
Beds
16
Baths
11,270 Sq. Ft.
$728 / Sq. Ft.
11,270
Sq. Ft.
$728
per Sq. Ft.

Description

Beverly Hills Oasis Apartments, a 16-unit apartment building located in prestigious Beverly Hills, CA. Situated on a corner lot, southwest corner of Olympic Blvd. & El Camino Drive. The two-story building features, fourteen (14) large and spacious one bedroom with one bathroom as well as two (2) units that are large studios with one bathroom and kitchen. Select units have been transformed into ultra modern luxury residences which boast new European cabinetry, stainless steel appliance packages with...Beverly Hills Oasis Apartments, a 16-unit apartment building located in prestigious Beverly Hills, CA. Situated on a corner lot, southwest corner of Olympic Blvd. & El Camino Drive. The two-story building features, fourteen (14) large and spacious one bedroom with one bathroom as well as two (2) units that are large studios with one bathroom and kitchen. Select units have been transformed into ultra modern luxury residences which boast new European cabinetry, stainless steel appliance packages with in-unit Washer/Dryers, LED lighting systems, engineered plank flooring, countertops and many more. In addition, there is a large basement that contains private storage lockers that can be leased for additional income. While the subject property has been well-maintained under current ownership, investors will have the opportunity to upgrade remaining units to capitalize on the demand for renovated interiors and take advantage of the superior submarket. 11 units will be delivered vacant. Also being sold as a 3 building portfolio with 210 S. Hamilton Drive, Beverly Hills, CA 90211 (10-units) APN# 433-029-019 and 213 S. Gale Drive, Beverly Hills, CA 90211 - APN# 4333-029-013.
  1. Listed by Iman Eshaghyan • DRE #01494608 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Aram Afshar • DRE #01484569 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 9500 West Olympic Boulevard

Zoning
BHR4*
Parcel Number
4330022027
Total Units
16.0
Living Area
11270
Source Living Area
Assessor
Area
Beverly Hills (C01)
Vacancy Rate
3%
Lot Size Area
12106

Location

Listing Courtesy of Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Aram Afshar, DRE #01484569

Sold By Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Mina Eshaghyan, DRE #02002883

Add your commute
LISTING UPDATED: 03/09/2022 12:42 PM

Property Details for 9500 West Olympic Boulevard

StatusSold
MLS #21-793820
Days on Market130
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.28 AC / 12,106 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Aram Afshar, DRE #01484569

Sold By Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Mina Eshaghyan, DRE #02002883

Add your commute

Building Information for 9500 West Olympic Boulevard

Stories2Residences-Year Built1948Building Size-Lot Size0.28 AC / 12,106 SF

Payment Calculator

$53,271 per month

30 year fixed, 7.25% Interest

Principal and Interest

$44,751

Property Taxes

$8,520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9500 West Olympic Boulevard

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: City, City Lights, Courtyard, Tree Top, Trees/Woods, Pool
  • View: City Lights, Courtyard, Trees/Woods, Pool
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $571,210
  • Net Operating Income: $406,822.00
  • Gross Income: $588,876
  • Cap Rate: 4.28%
  • Gross Rent Multiplier: $16.84
  • Actual Annual Gross Rent: $519,636.00
  • Total Annual Expense: 164388
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 12106
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 9
  • Parking Features: Assigned
Interior Features
Interior Features
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Wood, Tile, Carpet
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Refrigerator, Range/Oven
  • Laundry: Community, In Unit, In Closet
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: In Ground
  • Pool Features: In Ground
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-11-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,795.00
  • Unit Actual Rent: $3,795.00
  • Unit Projected Rent: $3,795.00
  • Like Units: 14
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,750.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 9500 West Olympic Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9500 West Olympic Boulevard

Taxable ValueLand$6,630,000Additions$1,736,250Total$8,366,250
Tax Record2023$102,244 ($8,520 / month)
Home Facts
Total Finished SqFt11,270 SqFtAbove Grade Finished SqFt11,270 SqFtLot Size12,106 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningBHR4*CountyLOS ANGELESAPN4330-022-027

Schools near 9500 West Olympic Boulevard

This home is within Beverly Hills Unified School District.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Private - PK to 4
Rating
School
Distance
Beverly Vista Elementary School
Public6 to 8

Beverly Hills High School
Public9 to 12

Moreno High (Continuation) School
Public9 to 12

Kehillat Mogen David Education Center
PrivatePK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Iman Eshaghyan, DRE #01494608; Coldwell Banker Realty, Aram Afshar, DRE #01484569

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.