6150 E Olympic Boulevard
Los Angeles, CA 90022
16
Bed
12
Bath
7,956Sqft
10,519Sqft(Lot)
Located in a highly desirable East Los Angeles neighborhood adjacent to Montebello, this well-maintained 12-unit apartment community offers an exceptional investment opportunity with a current 6.19% cap rate, making it an ideal choice for a 1031 exchange buyer. The property has benefited from approximately $320,000 in recent capital improvements, including the implementation of a Ratio Utility Billing System (RUBS) to enhance operating efficiency. The attractive unit mix consists of (FOUR) 2-bedroom/1-bath units and (EIGHT) 1-bedroom/1-bath units, with tenants separately metered for gas and electricity. Additional amenities include pool, garage parking and on-site laundry. Ideally situated east of Garfield Avenue, the property enjoys a highly walkable location just minutes from Whittier Bo
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 12
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Building Information
Year Built: 1962Building Area Total: 7956Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 10519 Lot Size Acres: 0.2415 Lot Size Square Feet: 10,519
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Listing Price Information
Listing Price: $2995000
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Tax Information
Parcel Number: 6338011019
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Virtual Tour
Parking Information
Parking Total: 12 OneSpace
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Location Information
Direction: Excellent location situated in a Prime East Los Angeles Neighborhood. Sitting on East Olympic Blvd between South Hendricks Ave and Hanover Ave. Nearest major cross streets are East Olympic Blvd and South Garfield Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6513 Allston, Los Angeles, CA, 90022 | $700,000 | 3 | 2 | 1,160 | 4,024 Sq. Ft |
| 6453 Allston, Los Angeles, CA, 90022 | $699,999 | 4 | 2 | 1,304 | 4,040 Sq. Ft |
| 6411 Allston Street, Los Angeles, CA, 90022 | $610,000 | 2 | 1 | 1,010 | 3,910 Sq. Ft |
| 6522 Hereford, Los Angeles, CA, 90022 | $749,988 | 2 | 2 | 1,012 | 3,872 Sq. Ft |
| 359 Blackshear Avenue, Los Angeles, CA, 90022 | $850,000 | 3 | 2 | 1,279 | 5,097 Sq. Ft |
| 5724 E Beverly Boulevard, Los Angeles, CA, 90022 | $650,000 | 4 | 3 | -- | 2,484 Sq. Ft |
| 5310 Fernfield Drive, Los Angeles, CA, 90022 | $545,000 | 2 | 1 | 768 | 7,948 Sq. Ft |
| 742 Simmons, Los Angeles, CA, 90022 | $839,000 | 3 | 2 | 1,086 | 6,597 Sq. Ft |
| 1024 Leonard Avenue, Los Angeles, CA, 90022 | $769,900 | 2 | 1 | 993 | 5,470 Sq. Ft |
| 5716 Hubbard, Los Angeles, CA, 90022 | $430,000 | 1 | 1 | 522 | 1,337 Sq. Ft |
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ByOwner last updated this listing 10/03/2026 @ 21:40
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