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6253 W Olympic Blvd, Los Angeles, CA 90048
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6253 W Olympic Blvd Los Angeles, CA 90048

$1,600,000 Sold Price as of 09/29/2022
  • 6 Beds
  • 4 Baths
  • 3,743 Sq.Ft.
Sold
$1,600,000 Sold Price as of 09/29/2022 Refinance Your Mortgage
Map preview of 6253 W Olympic Blvd, Los Angeles, CA 90048

Property Overview: 6253 W Olympic Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,743 living square feet and 5,871 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own this elegant 1930's Art Deco style duplex. The bold architectural design, abundance of light, and natural airflow is irresistible! The 2 very spacious units, over 1,900 sqft each, features primary bedroom suites, formal dining room with balcony, a breakfast nook, and separate home office area off the living room. The units have been very well maintained, with newer kitchen updates, plumbing & electrical updates, and an HVAC. The location is ideal, in one of the top rental neighborhoods in LA, this area attracts high earning professionals. Within walking distance to LACMA, LaBrea Tarpits, high end dining, parks & recreation. Property appraised @ $1,800,000, bring your strongest offer, this one won't last long!!

Listed by Beita Miles | BRE #01953382 | Beita Miles
Last checked: 15 minutes ago | Last updated: December 17th, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
5,871
HOA Dues
$0/mo
Year built
1936
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22181407
City
Los Angeles
County
Los Angeles
Time on Site
664 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.5%
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: --
  • Net Operating Income: $41,940
  • Gross Operating Income: $48,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $35
  • Gardener: $75
  • Insurance: $145
  • Water/Sewer: $250

Property Details for 6253 W Olympic Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Garage, Inside
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
  • Bonus Room, Family Room, Entry, Living Room, Master Bathroom, Den, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Oven
Interior Features
  • Ceiling Fan(s), Brick Walls, Open Floorplan
  • Levels: Multi/Split, Two
  • Window Features: Jalousies/Louvered
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Lawn, Back Yard, Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5088019019
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West of Fairfax, East of Lacienaga
View more facts & features

Local Los Angeles Agent

Sale History for 6253 W Olympic Blvd

Last sold for $1,600,000 on September 29th, 2022

  • December, 2022

  • Dec 17, 2022

    Date

    Expired

    CRMLS: 22157297

    $1,775,000

    Price

  • May 16, 2022

    Date

    Active

    CRMLS: 22157297

    $1,849,000

    Price

  • Listing provided courtesy of CRMLS

    Big Price Reduction ! Beautiful Duplex in Historical Carthay Circle of Los Angeles adjacent to Beverly Hills, Miracle Mile and a few short minutes from such Landmarks as the Beverly Center, The Grove and Rodeo Drive. One unit is Vacant and One unit is Occupied at $4,000 per month. Each unit is over 1,900 SQ Feet with spacious bedrooms, nice city views, Hardwood Floors, Driveway Parking( each Unit) and a 2 car garage . Property is zoned R-3 for a possible ADU addition as well. Very Motivated Seller !

  • September, 2022

  • Sep 29, 2022

    Date

    Sold

    CRMLS: 22181407

    $1,600,000

    Price

  • Jul 21, 2022

    Date

    Active

    CRMLS: 22181407

    $1,650,000

    Price

  • April, 2022

  • Apr 2, 2022

    Date

    Canceled

    CRMLS: 21112797

    $1,900,000

    Price

  • Dec 17, 2021

    Date

    Active

    CRMLS: 21112797

    $2,050,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this Amazing Duplex in Beautiful Carthay Circle area of Los Angeles that borders Beverly Hills , Miracle Mile and is just a few short minutes from Such LA Landmarks as the Beverly Center , The Grove and Rodeo Drive. The Buyer of this Property will have the advantages of 2 remodeled Units. One unit is currently occupied. The current rent is $4,000 each and both Units are over 1,900 Sq. Feet with Hardwood Floors , Built ins and Newer windows. There is also a 2 Car Garage in the rear and a small bonus room that can be easily developed into an ADU as the property has R-3 Zoning .

  • July, 2021

  • Jul 26, 2021

    Date

    Leased

    CRMLS: 21708802

    $4,000

    Price

  • Jul 3, 2021

    Date

    Price Change

    CRMLS: 21708802

    $4,000

    Price

  • Jun 30, 2021

    Date

    Pending

    CRMLS: 21708802

    $3,800

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: 21708802

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    Come see this huge beautiful upgraded Duplex unit in the highly desirable neighborhood of CARTHAY SQUARE. Upper unit available, Tons of light, private driveway, Fantastic Location

  • June, 1999

  • Jun 24, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1997

  • Jun 30, 1997

    Date

    Sold (Public Records)

    Public Records

    $289,000

    Price

Show More

Tax History for 6253 W Olympic Blvd

Assessed Value (2020): $590,830
Year Land Value Improved Value Assessed Value
2020 $333,608 $257,222 $590,830

Home Value Compared to the Market

This property vs the competition

6253 W Olympic Blvd sold on September 29, 2022 for 35.29% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $430.14 per/sqft which puts the price per square foot 43.03% lower than the current median sale per square foot for the city of Los Angeles.

About 6253 W Olympic Blvd

Detailed summary of property

6253 W Olympic Blvd is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,743 living square feet, and sits on an approximately 5,871 square foot lot. 6253 W Olympic Blvd was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,600,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 35.29% higher than the current median priced home. Local homes that are currently for sale include 1132 S Wooster St, 8607 Airdrome St and 1460 S Burnside Ave. While the average home in Los Angeles, CA is selling in 92 days, 6253 W Olympic Blvd has a days on market of 27 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 6253 W Olympic Blvd Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6253 W Olympic Blvd

Public county record property details
Beds
6
Baths
2
Year built
1936
Sq. Ft.
3,743
Lot Size
5,826
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
322
APN
5088-019-019

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$1,036
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
137
Median Sale to List Price %
91.18%
Avg Days on Market
72
Loan Type
Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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