11048 W Olympic Boulevard

    Los Angeles (City), CA 90064
    • $6,500,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: SB18143165
    UPDATED: 59 min ago
    $6,500,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,234
      SQFT
    • $491
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:

    School Ratings & Info

    Description

    11048 W. Olympic Blvd is a newly constructed 4 story building with unique subterranean parking garage. The building is situated on the corner of Olympic Blvd and Bentley Ave in one of the hottest rental markets on the Westside known for excellent rent growth and high occupancy rates.The 13,234 SF building was constructed in 2017 on the 6,360 sf lot in the R3 zone of West Los Angeles. The building has been meticulously maintained by the owner and has many attractive amenities including separately metered gas and electricity, individual water heater for each unit, and elevator, interior stairwell, security cameras, copper plumbing and fire sprinklers. There are 16 parking spaces in the gated subterranean parking garage providing a 2:1 parking ratio per unit.Each of the 8 units is approximately 1,500 SF and has two bedrooms and two bathrooms making it ideal for most renters. These over-sized units feature 10-foot ceilings, hardwood flooring, central heat and air conditioning, and state-of-the-art kitchen and bathrooms. The European cabinetry, quartz counter-tops and stainless-steel appliances along with the automatic window shades and large balconies make these units feel like home. Each unit is equipped with a washer, dryer, refrigerator, gas stove, dishwasher and microwave.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T07:34:01.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84702365

    11048 W Olympic Boulevard Los Angeles (City), CA 90064

    • Price: $6,500,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: SB18143165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    13,234
    SQFT
    $491
    $/SQFT
    2017
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    11048 W. Olympic Blvd is a newly constructed 4 story building with unique subterranean parking garage. The building is situated on the corner of Olympic Blvd and Bentley Ave in one of the hottest rental markets on the Westside known for excellent rent growth and high occupancy rates.The 13,234 SF building was constructed in 2017 on the 6,360 sf lot in the R3 zone of West Los Angeles. The building has been meticulously maintained by the owner and has many attractive amenities including separately metered gas and electricity, individual water heater for each unit, and elevator, interior stairwell, security cameras, copper plumbing and fire sprinklers. There are 16 parking spaces in the gated subterranean parking garage providing a 2:1 parking ratio per unit.Each of the 8 units is approximately 1,500 SF and has two bedrooms and two bathrooms making it ideal for most renters. These over-sized units feature 10-foot ceilings, hardwood flooring, central heat and air conditioning, and state-of-the-art kitchen and bathrooms. The European cabinetry, quartz counter-tops and stainless-steel appliances along with the automatic window shades and large balconies make these units feel like home. Each unit is equipped with a washer, dryer, refrigerator, gas stove, dishwasher and microwave.
    Exterior Features

    Garage Spaces 16.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features Community GarageControlled Entrance Parking Total 16.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1500 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Heating Central Furnace Heating YN Yes Laundry Features In ClosetStackable Levels Three Or More

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 366480.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 257891.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Operating Expense 99427.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Seller Zoning Lar3

    Listing provided courtesy of Paul Matysek of Matysek Investment Group, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T07:34:01.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094