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.
Bloom Beverly Hills
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
Financing By
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
Financing By
