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6261 W Olympic BoulevardLos Angeles, CA 90048

For Sale

$2,195,000

Smart Buyer Rebate $21,950

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!

Listed by Sasha Rahban

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License #01849286

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Douglas Elliman of California, Inc.

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310-963-9680

Listed by Joshua Altman

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License #01764587

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Douglas Elliman of California, Inc.

Last updated October 04, 2025

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Source: CRMLS #25478719

Listing Facts

  • TypeMulti-family
  • NeighborhoodCarthay
  • Bedrooms7
  • Days on Prevu313
  • Size3,990 sqft
  • Price per sqft$550

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$2,195,000
10/22/2025
Status changed to Removed from Feed
$2,195,000
10/17/2025
Status changed to Active
$2,195,000
10/16/2025
Status changed to Removed from Feed
$2,195,000
09/20/2025
Status changed to Active
$2,195,000
09/19/2025
Status changed to Removed from Feed
$2,195,000
09/18/2025
Status changed to Active
$2,195,000
09/16/2025
Status changed to Removed from Feed
$2,195,000
09/15/2025
Status changed to Active
$2,195,000
09/14/2025
Status changed to Removed from Feed
$2,195,000
09/12/2025
Status changed to Active
$2,195,000
09/05/2025
Status changed to Removed from Feed
$2,195,000
09/04/2025
Status changed to Active
$2,195,000
09/03/2025
Status changed to Removed from Feed
$2,195,000
09/01/2025
Status changed to Active
$2,195,000
08/28/2025
Status changed to Removed from Feed
$2,195,000
07/24/2025
Status changed to Active
$2,195,000
07/23/2025
Status changed to Removed from Feed
$2,195,000
06/28/2025
Status changed to Active
$2,195,000
06/27/2025
Status changed to Removed from Feed
$2,195,000
04/22/2025
Status changed to Active
$2,195,000
04/19/2025
Status changed to Removed from Feed
$2,195,000
01/31/2025
Price Decreased
$2,195,000
01/10/2025
Listed by Douglas Elliman of California, Inc.
$2,295,000

Property Details for 6261 W Olympic Boulevard

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1924

Features

  • View: City Lights

Measurements

  • Building Area Total: 3,990
  • Lot Features: Front Yard
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,228
  • Lot Size Square Feet: 5,228
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.33
  • Gross Income: $139,391.00

Taxes

  • Parcel Number: 5088019018

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator

Measurements

  • Living Area: 3,990

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Assigned, Covered
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.