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Multifamily

Bloom Beverly Hills

8560 W Olympic Blvd, Los Angeles, CA 90035

Listing Price: $22,000,000

Cap Rate
3.67%
Number of Units
53
Price/Unit
$415,094
Price/Gross SF
$554.80
Gross SF
39,654

Investment Overview

The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 8560 West Olympic Boulevard, a 53-unit multifamily investment opportunity located in the supply constrained Pico/Robertson submarket of Los Angeles, CA.

Investment Highlights

  • Excellent Unit Mix Composed of 11 Studio/One-Bathroom Units, 38 One-Bedroom/One-Bathroom Units & 4 Two-Bedroom/Two-Bathroom Units - Well Suited for Today's Market.
  • Exterior & Amenity Renovations Including Full Exterior & Hallway Paint, Hallway Flooring & Wallpaper, Signage, Lighting Upgrade, Lobby Refresh, Fitness ADU & Landscape Upgrades!
  • 30 Units are Renovated with Quartz Countertops, Stainless Steel Appliances & Vinyl Wood Floorings!
  • Property Includes an Intercom with Gated Entry, Central Air/Heat, Elevator, On-Site/Gated Parking, Private Courtyard & Laundry (1 W/D on Each Floor) for Tenants!
  • Water, Sewer & Trash are Passed-Through to the Tenants Using RUBS!

Exclusively Listed By

  • Tony Azzi

    Executive Managing Director Investments

    (310) 909-5454

    Email Tony

    License(s): CA: 00910513, CA: 01325569

    Los Angeles

Financing By

Multifamily

Bloom Beverly Hills

Listing Price: $22,000,000

Cap Rate
3.67%
Number of Units
53
Price/Unit
$415,094
Price/Gross SF
$554.80
Gross SF
39,654

Investment Highlights

  • Excellent Unit Mix Composed of 11 Studio/One-Bathroom Units, 38 One-Bedroom/One-Bathroom Units & 4 Two-Bedroom/Two-Bathroom Units - Well Suited for Today's Market.
  • Exterior & Amenity Renovations Including Full Exterior & Hallway Paint, Hallway Flooring & Wallpaper, Signage, Lighting Upgrade, Lobby Refresh, Fitness ADU & Landscape Upgrades!
  • 30 Units are Renovated with Quartz Countertops, Stainless Steel Appliances & Vinyl Wood Floorings!
  • Property Includes an Intercom with Gated Entry, Central Air/Heat, Elevator, On-Site/Gated Parking, Private Courtyard & Laundry (1 W/D on Each Floor) for Tenants!
  • Water, Sewer & Trash are Passed-Through to the Tenants Using RUBS!

Investment Overview

The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 8560 West Olympic Boulevard, a 53-unit multifamily investment opportunity located in the supply constrained Pico/Robertson submarket of Los Angeles, CA.

Exclusively Listed By

  • Tony Azzi

    Executive Managing Director Investments

    (310) 909-5454

    Email Tony

    License(s): CA: 00910513, CA: 01325569

    Los Angeles

Financing By

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