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5850 W Olympic #7

Los Angeles, CA 90036
Active
Multifamily
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Property listed by Keller Williams Realty-Studio City, Joseph Rudd 818-605-7732
$3,950,000
Located at 5850 W Olympic Blvd, the Olympic Motor Lodge represents a premier investment and development opportunity in the heart of Los Angeles’ high demand Miracle Mile and Mid-Wilshire corridor. This strategic location places the property in a world-class cultural hub, situated just blocks from the Academy Museum of Motion… Read MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.08 Acres
Year Built
1949
MLS Number
SR26055959
Property Location Map
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Dishwasher, EnergyStarQualifiedAppliances, ElectricRange, Disposal, GasRange
Building
Built in 1949, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Biking, Curbs, Sidewalks, Urban
Cooling
Ductless, EnergyStarQualifiedEquipment
Doors
EnergyStarQualifiedDoors
Accessibility Features
Parking
Energy Saving
Energy Efficiency: Appliances
Expenses
Cable TV: $556, Electric: $656, Fuel: $1,536, Gardener: $125, Insurance: $4,923.9, Licenses: $450, Maintenance: $6,000, Operating: $29,579, Supplies: $6,000, Trash: $1,632, Water/Sewer: $7,200, Other Expense: $500
Exterior Features
RainGutters
Fireplaces
None
Floors
Laminate
Foundation
Raised
Heating
Ductless, EnergyStarQualifiedEquipment
Home Owner's Association
Association Fee: $0
Income
Gross Income: $150,000, Gross ScheduledIncome: $150,000, Net Operating Income: $120,421
Interior Features
PhoneSystem, RecessedLighting, Storage, PrimarySuite, UtilityRoom
Laundry
ElectricDryerHookup, GasDryerHookup, LaundryRoom
Lot
0.0789 acres, ZeroToOneUnitAcre, CornerLot, FrontYard, Garden, IrregularLot
Parking
4 open parking spaces, 4 total parking spaces, Driveway, OnSite, Paved, SeeRemarks, SideBySide
Pool
None
Property
UpdatedRemodeled, Turnkey, Neighborhood
Roof
Flat
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5085001014, Lot: 132
Utilities
CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected, Water Source: Public
Windows
DoublePaneWindows, EnergyStarQualifiedWindows
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Monthly Payment
$0
Kathy Zajac
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Carthay School 323-935-8173 Public KG-5
Emerson Community Charter 310-234-3100 Public 6-8
Fairfax High School 323-370-1200 Public 9-12
Carthay School 323-935-8173 Public KG-5
Carthay School 323-935-8173 Public KG-5
Emerson Community Charter 310-234-3100 Public 6-8
Fairfax High School 323-370-1200 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.