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9500 W Olympic Blvd

16 Unit Apartment Building $15,584,533 CAD ($974,033 CAD/Unit) 4.54% Cap Rate Beverly Hills, CA 90212

Investment Highlights

  • Prime Beverly Hills Location!!!
  • 16-Luxury Unit Apartment Building
  • Selected Units Renovated with Washer/Dryer & New Roof
  • Corner Property!
  • Building Approx. - 11,270 SF. & Lot Size Approx. - 12,105 SF
  • Huge Upside in Rents

Executive Summary

Coldwell Banker Commercial NRT is pleased to present Beverly Hills Oasis Apartments, a 16-unit luxury 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 16-units, 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. There is a total of nine parking spaces to the rear of the property.

While the subject property has been well-maintained under current ownership, units undergone major renovations investors will have the opportunity to capitalize on the demand for renovated interiors/exterior and take advantage of the superior submarket fundamentals in Beverly Hills which features some of the lowest vacancies and strongest rents in Metro Los Angeles.
*** For a full marketing Offering Memorandum please contact, Listing Agent ***

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $707,755 $62.80

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $707,755
Annual Per SF $62.80

Property Facts

Price $15,584,533 CAD
Price Per Unit $974,033 CAD
Sale Type Investment
Cap Rate 4.54%
Gross Rent Multiplier 15.6
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.28 AC
Building Size 11,270 SF
Average Occupancy 31%
No. Stories 2
Year Built/Renovated 1948/2024
Parking Ratio 0.8/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer Hookup
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Range

Site Amenities

  • Pool
  • Cabana

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 550
1+1 14 - 725
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4330-022-027
Land Assessment
$9,585,445 CAD
Improvements Assessment
$2,506,962 CAD
Total Assessment
$12,092,407 CAD

zoning

Zoning Code BHR4* (BHR4)
BHR4* (BHR4)
  • Listing ID: 34135732

  • Date on Market: 2024-12-09

  • Last Updated:

  • Address: 9500 W Olympic Blvd, Beverly Hills, CA 90212

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