6261 W Olympic Boulevard, Los Angeles, CA 90048 - Berkshire Hathaway HomeServices California Properties

6261 W Olympic Boulevard, Los Angeles, CA 90048

$2,195,000 Approx. USD 7 beds, 4 baths
3,990 sqft

Listing Agent


Sasha Rahban | sasha@thealtmanbrothers.com
Lic#: 01849286
Broker: Courtesy of Douglas Elliman of California, Inc.

Co Listing Agent


Joshua Altman | josh@thealtmanbrothers.com
Lic#: 01764587
Broker: Courtesy of Douglas Elliman of California, Inc.

Agent Remarks

Located just blocks from Beverly Hills, West Hollywood, La Cienega Park, and LACMA, this well-maintained 4-unit property offers the perfect blend of investment potential and owner-user appeal. One of the two-bedroom units is currently vacant, presenting an incredible opportunity for a buyer to move in and enjoy the benefits of homeownership while generating passive income from the other three rented unitsessentially having tenants help cover the mortgage. If you're an investor, you have the flexibility to lease the vacant unit to a tenant of your choice and maximize rental income. For investors seeking additional upside, the rear of the property may offer potential for ADU development, creating an opportunity to increase rental income and enhance the property's overall value.The property features three (3) updated two-bedroom/one-bath units and one (1) one-bedroom/one-bath unit. The remodeled two-bedroom units boast new flooring, modern kitchens, stylish bathrooms, and recessed lighting.Ideally situated between Beverly Hills and Carthay Circle, this vibrant neighborhood is known for its energy, walkability, and access to some of LA's best dining, shopping, and entertainment. Just minutes from the hottest restaurants in West Hollywood and luxury retail in Beverly Hills, this is an excellent first home purchase with built-in rental income or a strong long-term investment opportunity.Don't miss this rare chance to own in a prime location with multiple income-generating possibilities!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25478719
List price is $2,195,000 Reduced by $100,000 on 1/31/2025
Price: $2,195,000
Beds: 7
Baths: 4
Built in 1924
3,990 sqft
2 stories
0.12 acres
Lot size: 0.1200
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Refrigerator
Parking description: Assigned,Covered
Lot description: Front Yard
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 2/28/2025

 Days On Market (DOM): 70

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.058834, -118.367173.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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