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6001 - 6009 W Olympic Boulevard, Los Angeles, CA

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6001 - 6009 W Olympic Boulevard

Los Angeles, CA 90036-4403 - Miracle Mile Submarket

Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1959
Building Size:6,996 SF Land Area:.21 AC (9,322 SF)
For Sale Price:$4,500,000 Price/SF:$643.22
Cap Rate:-

Sale Notes:
2 separate parcels, 4 legal lots, total land square footage 9,322sf, total improvements square footage 6,996sf. Zoning is LAC2, 6001 County use listed as Stores & residential, 6009 County use listed as Dance Hall. First time on the market in 75 years. Property being sold as-is, where-is condition and can be delivered vacant. Perfect for developer to start from scratch in highly sought after location with maximum exposure. Monthly Income from property is as follows: Shoe Maker $750.00, Dance Studio $1400.00, Meat Co. $1000.00, Billboard $1154.00, T-Mobile Site Lease $1457.00, Apt #201 $800.00, #202 $800.00, #203 $850.00, #204 $800.00, #205 $500.00, #206 $800.00

Incredible Development opportunity. Corner property with huge exposure. 2 blocks East of Fairfax, 2 blocks South of Wilshire Blvd. Walk to trendy shops and restaurants, The Grove. LAC2 zoning, ideal for mixed use- retail & residential, bring trendy lofts & retail shops out of downtown and minutes from Beverly Hills!

Gussman Czako Estates
Heather Gussman
(323) 655-9401

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