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 6.17% 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 Boulev
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 |
|---|---|---|---|---|---|
| 6650 Allston Street, Los Angeles, CA, 90022 | $725,000 | 2 | 2 | 1,475 | 1,475 SqFt |
| 6513 Allston, Los Angeles, CA, 90022 | $725,000 | 3 | 2 | 1,225 | 1,225 SqFt |
| 6522 Hereford, Los Angeles, CA, 90022 | $749,988 | 2 | 2 | 1,012 | 1,012 SqFt |
| 752 Harding Avenue, Los Angeles, CA, 90022 | $975,000 | 6 | -- | 2,549 | 2,549 SqFt |
| 6186 Hereford Drive, Los Angeles, CA, 90022 | $710,000 | 2 | 1 | 837 | 837 SqFt |
| 5724 E Beverly Boulevard, Los Angeles, CA, 90022 | $699,999 | -- | -- | 1,273 | 1,273 SqFt |
| 5456 Via San Delarro St.., Los Angeles, CA, 90022 | $788,800 | 2 | 2 | 1,485 | 1,485 SqFt |
| 742 Simmons, Los Angeles, CA, 90022 | $840,000 | 3 | 2 | 1,086 | 1,086 SqFt |
| 6014 Hereford, Los Angeles, CA, 90022 | $785,000 | 2 | 1 | 1,210 | 1,210 SqFt |
| 545 Eastmont Avenue, Los Angeles, CA, 90022 | $1,000,000 | -- | -- | 3,922 | 3,922 SqFt |
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ByOwner last updated this listing 08/16/2026 @ 03:28
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