Braun International is pleased to present the opportunity to acquire 6424 West Olympic Boulevard, a six-unit multifamily investment opportunity located in Los Angeles.
Court confirmation and overbid date is March 8, 2018
Superior Court of California
111 N. Hill St.
Los Angeles, CA
1st overbid amount is: $2,940,500
The property features 6,660 square feet of rentable area, situated on a 7,846-square foot lot. The six-unit building is composed of four (4) one-bedroom/one-bathroom units and two (2) two-bedroom/one bathroom units. In addition to the buildings excellent unit mix, it has recently undergone renovations including new landscaping, roof and exterior paint.
The property is situated just north of Whitworth Drive sandwiched between La Cienega Boulevard to the west and Fairfax Avenue to the east. This great location offers a tremendous amount of dining, shopping and entertainment destinations in close proximity to the property, while being within a short commute to major employment centers such as Century City, Beverly Hills, West Hollywood, Miracle Mile, Hollywood and Downtown Los Angeles making it one of the strongest multifamily investment areas in the region.
6424 West Olympic Boulevard offers tenants excellent proximity to some of Los Angeles’ finest amenities such as The Beverly Center, The Petersen Automotive Museum, Restaurant Row on La Cienega, the world-renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others.
Due to the property’s premier location and great unit mix, 6424 West Olympic Boulevard offers a unique opportunity to any investor looking to acquire a well maintained asset in Los Angeles, California.