new - 7 days on rocket

6261 W Olympic Blvd, Los Angeles, CA, 90048

$2,295,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Baths
3,990 SqFt
$575/SqFt
House

Location

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6261 W Olympic Blvd, Los Angeles$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Covered
Year Built1924
HeatingWall Furnace
CoolingNone
ViewCity Lights
MLS #24471015
Lot Size0.12 Acres
StatusActive

About 6261 W Olympic Blvd

6261 W. Olympic Blvd., Los Angeles, CA 90048, a 4-unit Trophy Asset located in Los Angeles just blocks from Beverly Hills, West Hollywood, La Cienega Park, and LACMA. The building is well maintained and is perfectly suited for an investor that wants passive income without the headaches of constant vacancy and building issues. Built in 1924, 6261 W. Olympic Blvd is composed of One (1) two-story building. The property features Four (4) residential units including three (3) Two-bedroom/one-bathroom units, and one (1) One-Bed/ One-bathroom units. Three of the 4 units have been updated with new floors, kitchen, bathroom and recessed lighting. Located between Beverly Hills and Carthay Circle, this area is best known as a young and hip scene. The property is located blocks from all the hip restaurants in West Hollywood and less than 2 miles from all the high-end retail stores in Beverly Hills.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2
  • Living Area: 3,990 SqFt

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (310) 819-3250
  • Listing Agent: Sasha Rahban

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Covered

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: East of La Cienega Blvd, North of Olympic Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $575/SqFt

Tax Information:

  • Annual Amount: $13,594
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

6261 W Olympic Blvd vs Los Angeles

7 DAYS ON ROCKET

-31 Days

$2,295,000

+$1.2M More

$575/SqFt

-$65 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $65/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24471015

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (310) 819-3250
  • Listing Agent: Sasha Rahban

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2015Home Sold
$1,000,000
Sep 19, 2005Home Sold
$1,150,000
May 18, 2001Home Sold
$475,000
May 26, 1989Home Sold
$440,000
Mar 01, 1989Home Sold
$367,500

Tax History

YEARPROP. TAXASSESSMENT
2021$13,594$1,110,320
2020$13,192$1,098,937
2019$13,069$1,077,390
2018$12,791$1,056,265
2017$12,791$1,035,555

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4412248
5
/10

  • Carthay School

  • 6351 W Olympic Blvd

  • 0.13 miles

  • Public Magnet Grades KG-5

school-card-donut-4412249
8
/10

  • Hancock Park Elementary

  • 408 S Fairfax Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-4412250
5
/10

  • Crescent Heights Blvd School

  • 1661 S Crescent Heights Blvd

  • 0.90 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $140,132. The most common annual income of people living in Los Angeles, CA is $200k+. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6261 W Olympic Blvd

What is the listing price of this property?

The listing price of 6261 W Olympic Blvd property is $2,295,000.

What type of property is this?

The property 6261 W Olympic Blvd is a house located in Los Angeles, California, 90048.

Is this property for sale now?

Active Listing: 6261 W Olympic Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,594 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2015 for $1,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6261 W Olympic Blvd has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 6261 W Olympic Blvd is 3,990 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6261 W Olympic Blvd is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90048›6261 W Olympic Blvd

This home is located at 6261 W Olympic Blvd in Los Angeles, CA and zip code 90048 in the Central LA neighborhood. This 3,990 square foot home, which was built in 1924, sits on a 0.12 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,295,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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