tomo logo

$2,195,000

Beds
7
sq ft
3,990

6261 W Olympic Blvd, Los Angeles, CA 90048

6261 W Olympic Blvd

Los Angeles, CA 90048

  • 83 days on market
    • Price drop $100,000↓
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!

Details

Property type

Lot size

5,228 sq ft

Price per sq ft

$551

Year built

1924

HOA

No

Price History

01/31/2025
CLAW

CLAW #25478719

Price change
$2,195,000
-4.36%
01/10/2025
CLAW

CLAW #25478719

Listed
$2,295,000
01/01/2025
CLAW

CLAW #24471015

Removed
$2,295,000

Schools & Community

Neighborhood: 

Mid City West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 04/03/2025 at 1:45 PM

Listing updated: 04/02/2025 at 5:06 PM

Listed by: Sasha Rahban, Douglas Elliman of California, Inc. Phone #: (310) 819-3250

MLS: CLAW #25478719

CLAW logo

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