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.
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.