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$ 3,400,000
Est. payment | /mo
7 Beds
3,990 SqFt
$ 3,400,000
Est. payment | /mo
7 Beds
3,990 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,990 sqft
Price per Sqft $852
MLS Listing ID CL26912715
Bedrooms 7
HOA Y/N No
Year Built 1924
Lot Size 5,228 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Other
Building
New Construction No
Others
Tax ID 5088019018
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Listed by Ingrid Soluaga • Beverly & Company Luxury Properties
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