Address
6516 E Olympic Boulevard East Los Angeles, CA
Price
$ 945,000
Property Attributes
- ML#CV20249286
- TypeIncome
- CountyLOS ANGELES
- CityEast Los Angeles
- AreaEast Los Angeles
- Zip90022
- Style
- Price$ 945,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Lot Size4,792 SqFt
Listing Provided Courtesy Of:
KRISTOPHER GERMAN with RE/MAX 2000.
Data Source:
CRMLS
Property Description
We are pleased to exclusively offer for sale this "Turn-Key" 5 unit multi-family investment located in the city of East Los Angeles (Located 1 block west of Montebello.) The subject property has been well maintained and offers Copper Plumbing throughout, Updated Interiors, Newer Vinyl Windows, New Exterior Paint, and New Garage Doors. Most units have interior laundry hookups and a private one-car garage. All rental units are separately metered for Electricity & Gas while the owner pays for Water & Trash. The unit mix consists of one oversized 1 Bedroom/1 Bath Unit being utilized as a 2 Bedroom unit, three 1 Bedroom/1 Bath Units, and 1 Studio Unit. All tenants have stayed current on monthly rental payments throughout COVID, and when the new owner feels it is appropriate, all rental units are due for a rental increase as rents have not been raised in the last 12 months. Prime location located just 1 block to the city of Montebello, within minutes to the 60 & 710 Fwys, Private and Public Schools within walking distance, and plenty of retail and dining options.
| Price History | |
|---|---|
| 12/2/2020 | Listed $975,000 |
| 1/26/2021 | 4% - $945,000 |
General Features
| Community Features | Curbs, Gutter(s), Sidewalks |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Garage Spaces | 4 |
| Garage Y/N | Yes |
| Heating | Wall Furnace |
| Levels | Two |
| MLS Area | ELA - East Los Angeles |
| Parking Features | Garage |
| Pool Features | None |
| Property Attached Y/N | Yes |
| Property Type | Residential Income |
| Sewer | Public Sewer |
| Terms | Cash, Cash to New Loan |
| Total Actual Rent | 5318 |
| Total Units | 5 |
| Water Sewer Expense | 2456 |
| Zoning | LCR3YY |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Common Walls | 2+ Common Walls |
| Fireplace Features | None |
| Heating Y/N | Yes |
| Laundry Features | Electric Dryer Hookup, Gas Dryer Hookup, See Remarks |
Exterior Features
| Lot Features | 2-5 Units/Acre |
|---|---|
| Lot Size Acres | 0.11 |
| Lot Size Area | 4895 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 4895 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 5 |
| Number of Separate Gas Meters | 5 |
| Number of Separate Water Meters | 1 |
| Total Parking | 4 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90022
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 14, 2021 1:08 PM UTC 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.
Last updated: April 14, 2021 2:04 PM UTC Property Information © 2021 
Bridge MLS© 2021, Bay East© 2021. CCAR© 2021. EBRD© 2021. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or EBRD MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Data Updated: April 14, 2021 11:10 AM UTC
The data on our web site is taken from third-party sources, and has not been verified by Allison James Estates and Homes - LA or its agents.
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The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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Based on information from California Regional Multiple Listing Service, Inc. as of April 14, 2021 2:04 PM UTC 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.
