Auction - 2-Unit Value Add
$615,000
16021 Olympiad Lane, Los Angeles, CA 91406
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 10/06/2025
2,320 sqft
Building Size
6,986 sqft
Lot Area
Details:
Building Size: 2,320 sqft
Lot Area: 6,986 sqft
Occupancy: 100%
Units: 2
Year Built: 1987
Floors: 2
Seller Financing: No
Opportunity Zone: No
Parking Spots: 4
Highlights:
- Fully-leased duplex with long term tenants
- Below market rents
- Unit 1 – 3BR/2.5BA
- Unit 2 – 2BR/1.5BA
- 4-Car garage
- Individually metered, tenants pay electric/gas
- Just minutes off 405 Fwy near Vanowen and Woodley
- Rent Roll and Income/Expense documents available on request
Description:
Auction - List price is opening bid; sale subject to seller confirmation
Summary of Terms: $10,000 deposit required to bid; 5% Buyer’s Premium will be charged to high bidder; 10% total deposit day of sale; close of escrow within 30 days; buyer responsible for title insurance premiums and their own escrow costs; property sold as-is with no contingencies; please see Property Information Package for complete terms of sale.
Location

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