6261 W Olympic Boulevard
Los Angeles, CA, 90048 $ 3,400,000
Bedrooms7 Baths1.0 Sq 3,990 Monthly Estimate*
$ 21,468
Listed by Beverly & Company Luxury Properties
for $3,400,000 with 7 bedrooms and 1 full bath. This 3,990 square foot home was built in 1924 on a lot size of 0.12.
Welcome to 6261 W. Olympic Boulevard, an exceptional income-producing fourplex ideally positioned in the highly desirable Beverly Grove/Beverly CenterMiracle Mile area of Los Angeles. Centrally located just moments from Beverly Hills, this distinguished multifamily property presents a compelling opportunity to acquire a fully occupied asset in one of Los Angeles' most sought-after and enduring rental markets.Built in 1924 and offering approximately 3,990 square feet of living space, the property is comprised of four residential unitsthree spacious two-bedroom, one-bath residences and one one-bedroom, one-bath residence. With all four units currently occupied, the property provides immediate rental income and an established tenant base, making it particularly attractive to investors seeking a well-located addition to their real estate portfolio.The location is truly one of the property's greatest assets. Situated along the Olympic Boulevard corridor between Beverly Hills and Carthay Circle, residents enjoy exceptional access to the very best of Los Angeles. World-class shopping, acclaimed restaurants, neighborhood cafs, entertainment, cultural destinations and everyday conveniences are all within easy reach. Beverly Hills, West Hollywood, the Miracle Mile, LACMA, La Cienega Park, The Grove, Beverly Center and the renowned shops and restaurants of the surrounding Westside are just minutes away.The property's central location also provides convenient access to major thoroughfares and public transportation, connecting residents to Century City, West Hollywood, Hollywood, Mid-City, Downtown Los Angeles and other major employment and entertainment centers throughout the city. For the discerning investor, 6261 W. Olympic Boulevard represents more than simply four rental units, it is an opportunity to own a classic Los Angeles multifamily asset in an established, highly desirable neighborhood where lifestyle, location and long-term investment potential converge.Fully occupied. Income producing. Centrally located. An exceptional opportunity to invest near the heart of Beverly Hills and some of Los Angeles' most coveted destinations.PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY. SHOWINGS BY APPOINTMENT ONLY.
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FeaturesGeneralLiving Area 3990
Heating Central
Cooling Central Air
Appliances Disposal
Zoning LAR3
Year Built 1924
Stories Count 2
Levels Two
Gross Income 129380
County Los Angeles
Net Operating Income 89380
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Olympic Blvd. to Crescent Heights Blvd. Property is located just north of Olympic Blvd. east of La Cienega Blvd.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units Square Feet
Lot Size Square Feet 5228
Carport Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 3.19
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InteriorTotal Stories 0
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 7
Total Baths 4
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ExteriorParking Features Detached Carport
Total Parking 0
Lot Size Area 5228
Number of Buildings 1
Building Area Total 3990
Lot Size Acres 0.12
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* Excluded FeaturesList ByBeverly & Company Luxury PropertiesBroker
realtorisoluaga@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $21,468
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,856,454
Percent of Sale Price 45%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/30/2026 | $3,400,000 | | Listed Price |