6261 W Olympic Boulevard, Los Angeles, CA 90048

$3,400,000
7
BD
4
BA
3,990
SqFt

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Listing courtesy of Listing Agent: Ingrid Soluaga (realtorisoluaga@gmail.com) from Listing Office: Beverly & Company Luxury Properties.

List Price
$3,400,000
Status
ACTIVE
Days on Market
2
MLS#
26912715
Subtype
Residential Income
Year Built
1924
Bedrooms
7
Bathrooms
4
Living Area
3,990
Lot Size
5,228
Acres
0.12
MLS Area Major
Beverly Center-Miracle Mile (C19)

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.

Additional Information

Zoning
LAR3
Appliances
Disposal
Heating
Central
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Parking Features
Detached Carport

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.