Listing Courtesy Of:
Douglas Elliman of California, Inc., 310-819-3250, Sasha Rahban
Local Realty Services Provided By:
Keller Williams Beverly Hills
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,195,000
6261 W Olympic Blvd, Los Angeles, CA 90048
7 Beds
4 Baths
3,990
sq ft
.12
ac
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$2,195,000
6261 W Olympic Blvd, Los Angeles, CA 90048
Estimation provided by Keller Williams Realty Inc.
7 Beds
4 Baths
3,990
sq ft
.12
ac
Active
For Sale
Property Description
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!
Assessed Value is a combination of the land and additions.
2023
$14,437
(+4.78%)
$1,155,176
Land 924,142 +
Additions 231,034
2022
$13,778
(+1.36%)
$1,110,320
Land 888,257 +
Additions 222,063
2021
$13,594
(+3.04%)
$1,110,320
Land 888,257 +
Additions 222,063
2019
$13,193
(+3.14%)
$1,098,937
Land 879,150 +
Additions 219,787
2017
$12,791
$1,056,265
Land 845,012 +
Additions 211,253
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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