$ 2,195,000
-
$2,195,000
Price -
7
Bed -
4
Bath -
3,990
SqFt
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About the Listing CLW-X8071505 - CLW-C141561,CLW-X90382
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 Highlights for 6261 W Olympic Boulevard
Status
Active
Days on Site
239
Property Type
Multi-Family
MLS ®
25478719
Year Built
1924
Total Square Footage
3,990
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Covered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5088019018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
6261 W Olympic Boulevard Los Angeles, CA 90048
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