8701 Olin Street Los Angeles, CA ^$ 3,085,000

8701 Olin Street

^$ 3,085,000

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8701 Olin Street

Los Angeles, CA, 90034

^$ 3,085,000

Bedrooms96 Baths12.0 Sq 5,854

Monthly Estimate*

^$ 21,550

Listed by Justin White

8701 Olin Street, Los Angeles, CA 90034 - Image 1

8701 Olin Street, Los Angeles, CA 90034 - Image 2

8701 Olin Street, Los Angeles, CA 90034 - Image 3

8701 Olin Street, Los Angeles, CA 90034 - Image 4

8701 Olin Street, Los Angeles, CA 90034 - Image 5

8701 Olin Street, Los Angeles, CA 90034 - Image 6

8701 Olin Street, Los Angeles, CA 90034 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $3,085,000 with 96 bedrooms and 12 full baths. This 5,854 square foot home was built in 1958 on a lot size of 0.1367.

Corner of Corning and Olin, 8 units, 4 of which are fully renovated with recessed lighting, quartz counters, hw floors, with 30% upside in the other 4 unit rents. Upgraded over $200K into property recently. SS retrofit completed and compliant. Laundry room with owned machines, 6 covered parking stalls, Call LA for more information.

Multi-Family Active

Price

^$ 3,085,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1367

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24056887

Days on Market

Features

General

Sewer PublicSewer

Garage Spaces 0.0

Pool Features None

Year Built 1958

Stories 2

Levels Two

Property SubType Apartment

Gross Income 195864.0

Community Features Curbs

County Los Angeles

Net Operating Income 111701.0

Operating Expense 74370.0

Insurance Expense 3765.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Between Venice Blvd and 10 Fwy corner of Olin and Corning

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area C13 - Palms - Mar Vista

Lot Size Square Feet 5954.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Olin

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 3549.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot -

Property Sub Type Additional Apartment

Taxes 38563.0

Exterior

Parking Features Assigned

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 5954.0

Number of Buildings 1

Spa N

Building Area Total 5854.0

Lot Size Acres 0.1367

Lot Size Units SquareFeet

Lot Size Source PublicRecords

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 8

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 8701

* Excluded Features

List By

Justin White

Broker

(714) 231-2537

Phone

Affordability Calculator

$21,550

Per Month

Monthly Principal & Interest: $21,550
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 35%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/21/2024	$3,085,000		Listed Price

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8701 Olin Street, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $3,085,000 with 5,854 sqft and a lot size of 0.1367. 8701 Olin Street has 96 bedrooms, 12.0 baths, and was built in 1958. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. 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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8701 Olin Street

Multi-Family Home for sale in Los Angeles, CA

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