9561 W Olympic Blvd, Beverly Hills, CA 90212

8 Units in Beverly Hills on Huge Corner Lot | All 2BRs and 3BRs

Sold: $5,050,000

Property Highlights

Potential for (2) ADUs in tuck-under parking (Buyer to verify)
New stainless steel kitchen appliances and new bathrooms
Ideally located in prime Beverly Hills on corner of Olympic Blvd and Camden Drive
Walking distance to Roxbury Park; nearby to Rodeo Drive, Westfield Century City, LA Country Club and Rancho Park
Large 0.19 Acre Lot Zoned BHR4YY

8 Unit courtyard property built in 1955
Large 2+2 and 3+2 units average 1,472 SqFt each
Mostly copper plumbing and new in-unit water heaters
Ample tucker-under parking spaces available; Soft-story
retrofit completed
7/8 units with in-unit washer/dryer
Huge living rooms, formal dining rooms, crown moldings
First time on market in over 20 years

The Deal Story

The Glaser Group is pleased to announce the successful closing of 9561 W Olympic Blvd, a fantastic 8-unit courtyard property built in 1955, situated on a large corner lot off of Olympic & Camden. The property is comprised of all 2-bedroom and 3-bedroom units, each averaging over 1,475 SqFt. The property features copper plumbing throughout in addition to new in-unit water heaters, and 7 of 8 units have been renovated (8th unit delivered vacant). 9561 W Olympic also provides ample tuck-under parking, and the soft-story retrofit has already been completed.

By leveraging our strong local ties in the LA apartment market, our team was able to secure 6 strong offers within the first 2 weeks of marketing the property. We ultimately decided to accept a fully non-contingent offer from an experienced local investor.

As part of a broader portfolio sale, we will be assisting our client in leveraging this newly freed-up equity to execute a multi-asset 1031 exchange. If you are considering a 1031 exchange of your own or would like to better understand your options, please reach out to my team.