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6261 W Olympic Boulevard

Los Angeles (City), CA 90048
  • $2,475,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: 21774042
UPDATED: 64 min ago
$2,475,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

1 or 2 OF 4 UNITS WILL BE DELIVERED REMODELLED AND VACANT. 6261 Olympic is a 4-unit Trophy Asset located in Carthay Circle just blocks from Beverly Hills and West Hollywood. The building is terrifically maintained and is perfectly suited for an investor that wants passive income with the option to choose their own tenants and not deal with any renovation headaches or for an Owner/User as the property comes delivered with One (1) or Two (2) remodeled vacant (2) Bedroom / (1) Bath units. The property features Four (4) residential units including three (3) Two-bedroom/one-bathroom units, and one (1) One-Bed/ One-bathroom units. All three two bedroom units have been updated with new floors, kitchen, stainless steel appliances, bathrooms, recessed lighting, central HVAC, copper plumbing and new electrical. There is also the option for the Buyer to add two (2) ADU in the rear increasing total unit count to six (6) and secure an additional $2,195 per month in rent. Located in a hot Beverly Hills adjacent pocket, this area is best known as a young and hip scene.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T16:26:31.837. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/120596690
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6261 W Olympic Boulevard Los Angeles (City), CA 90048

  • Price: $2,475,000
  • Status: Active
  • Updated: 64 min ago
  • ID#: 21774042
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1924
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
1 or 2 OF 4 UNITS WILL BE DELIVERED REMODELLED AND VACANT. 6261 Olympic is a 4-unit Trophy Asset located in Carthay Circle just blocks from Beverly Hills and West Hollywood. The building is terrifically maintained and is perfectly suited for an investor that wants passive income with the option to choose their own tenants and not deal with any renovation headaches or for an Owner/User as the property comes delivered with One (1) or Two (2) remodeled vacant (2) Bedroom / (1) Bath units. The property features Four (4) residential units including three (3) Two-bedroom/one-bathroom units, and one (1) One-Bed/ One-bathroom units. All three two bedroom units have been updated with new floors, kitchen, stainless steel appliances, bathrooms, recessed lighting, central HVAC, copper plumbing and new electrical. There is also the option for the Buyer to add two (2) ADU in the rear increasing total unit count to six (6) and secure an additional $2,195 per month in rent. Located in a hot Beverly Hills adjacent pocket, this area is best known as a young and hip scene.
Exterior Features

Parking Features ConcreteDoor-MultiGarage Parking Total 3

Interior Features

Appliances DisposalMicrowaveRefrigeratorDryerWasher Flooring LaminateTile Heating Central Heating YN Yes

Property Features

Garage YN Yes Gross Income 130836 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 93717 Possession Close Of Escrow Property Condition Updated/Remodeled Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Vacancy Allowance Rate 2 Zoning Lar3

Listing provided courtesy of Sasha Rahban of Saravita Properties Inc


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T16:26:31.837. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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