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8673 W Olympic Blvd, Los Angeles, CA 90035
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8673 W Olympic Blvd Los Angeles, CA 90035

$1,799,000
  • 5 Beds
  • 4 Baths
  • 3,039 Sq.Ft.
For Sale
$1,799,000 Get Pre-Qualified
Map preview of 8673 W Olympic Blvd, Los Angeles, CA 90035

Property Overview: 8673 W Olympic Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 3,039 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Beautiful and well-maintained character Spanish Duplex in coveted Olympic-La Cienega area. Both units have great tenants in place. 4 detached garages in the back with additional driveway parking. The perfect investment opportunity, walking distance from all the best the local community has to offer. Valuable and clean duplexes like this one don't come to the market often. This is a wonderful opportunity. Property also has favorable zoning to build a new building with up to 9 large units and/or potential ADU. Please contact me for more details. Thank you.

Listed by Jean-Baptist Rugiero | BRE #01913472 | The Agency
Last checked: 10 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1933
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24436455
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $3,640
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $73,280
  • Gross Operating Income: $83,280
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 8673 W Olympic Blvd

Interior Features
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 2
  • Parcel Number: 4333012042
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On the left side of W Olympic Blvd going towards Downtown LA from Beverly Hills.
View more facts & features

Local Los Angeles Agent

Sale History for 8673 W Olympic Blvd

Last sold on February 20th, 2019

  • August, 2024

  • Aug 27, 2024

    Date

    Active

    CRMLS: 24436455

    $1,799,000

    Price

  • February, 2019

  • Feb 20, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2012

  • May 23, 2012

    Date

    Sold (Public Records)

    Public Records

    $782,000

    Price

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Tax History for 8673 W Olympic Blvd

Assessed Value (2020): $898,123
Year Land Value Improved Value Assessed Value
2020 $574,249 $323,874 $898,123

Home Value Compared to the Market

This property vs the competition

8673 W Olympic Blvd is listed 49.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $591.97 per/sqft which puts the price per square foot 22.92% lower than the median price per square foot for the city of Los Angeles.

About 8673 W Olympic Blvd

Detailed summary of property

8673 W Olympic Blvd is a multi family located in Los Angeles, CA 90035 and is currently for sale. This multi family property offers 5 bedrooms, 4 bathrooms, roughly 3,039 living square feet, and sits on an approximately 6,000 square foot lot. 8673 W Olympic Blvd was first listed on ArdentRealEstateGroup.com on September 6, 2024. The homeowner is currently asking $1,799,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 49.92% higher than the median priced home. Local competing homes currently for sale include 1236 Hi Point St, 1118 Hi Point St and 1155 S Hayworth Ave. While the average home in Los Angeles, CA is selling in 106 days, 8673 W Olympic Blvd has a days on market of 22 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 8673 W Olympic Blvd Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8673 W Olympic Blvd

Public county record property details
Beds
4
Baths
2
Year built
1933
Sq. Ft.
3,039
Lot Size
5,998
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
131
APN
4333-012-042

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$785
Median Sold Price
$1,699,500
Median Sold Price/Sq.Ft.
$747
Total Inventory
56
Median Sale to List Price %
97.17%
Avg Days on Market
30
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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