request_info_guest false

Auction - 2-Unit Value Add

$615,000

16021 Olympiad Lane, Los Angeles, CA 91406

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.

Map:
Location
Gallery