Olympic Eight offers a unique unit mix of extraordinarily large and well appointed units. The property has two units per floor, with a mix consisting of 50% 3bd+2.5ba units (four units), 38% 2bd+2ba units (three units), and one 1bd+1.5ba unit. The anticipated rents range from $3,000 – $4,350, with some of the units currently rented in this price range during the lease up phase.
The property is **not** subject to LA City rent control. Rents can therefore be adjusted to increase periodically so as to keep up with inflation. This property represents a unique opportunity to own a high quality, stable investment in a development constrained environment with high demand for rental housing.