Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

5,300 sqft

Lot size

7,003 sqft

Year built

1935

Stories

2

Heating

Forced Air

Pool

None

View

None

Status

Active

Days on market

91

MLS #

242221694

About this property

Look into historical South Carthay and imagine owning 6512 Olympic Blvd. This well-maintained building, in close to original condition, is being sold after 35 years of ownership. The sellers originally lived on-site and have consistently rented all four units after their departure. The three Carthays are protected by city HPOZs plus listed on the national and state Historic Registry. For years to come this area of Los Angeles will be representative of what the city looked like 100 years ago. The four streamline, townhome-style units total 5,300 square feet and sit on a 7,003 sq ft lot. There are four parking spaces in covered garages. Three units have two (2) bedrooms and one and a half (1.5) bathrooms. The central living spaces are large with high ceilings, casement windows, and wood floor. The front unit has three (3) bedrooms and one and three-quarters (1.75) bathrooms and includes a gated courtyard. The back unit has a private yard as well. Vacancy has not been an issue at the building - for the past twenty years the only vacancy has been during tenant transitions. A unit is leased by an on-site manager/handyman. Tenants are not aware of the sale and inside showings will take place with accepted offer.

Location

6512 W Olympic Boulevard

Los Angeles, Los Angeles, CA, 90048