Skip To Content
    Return to Previous Page

    6516 E Olympic Boulevard

    East Los Angeles, CA 90022
    • $945,000
    • STATUS: ACTIVE
    • ON SITE: 55 days
    • ID#: 302973931
    Price Reduced
    UPDATED: 53 min ago
    $945,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    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. 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.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/112314734
    Print Image

    6516 E Olympic Boulevard East Los Angeles, CA 90022

    • Price: $945,000
    • Status: ACTIVE
    • Updated: 53 min ago
    • ID#: 302973931
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    Los Angeles (90022)
    County:
    Los Angeles
    Area:
    Los Angeles (90022)
    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. 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.
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Cooling Wall/Window Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Annual Expense Actual 18277 Buildings 1 Gross Scheduled Income Actual 63816 Home Owners Fees 0.0 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1055.0 Unit2 Rent Actual 1133.0 Unit3 Rent Actual 1133.0 Unit4 Rent Actual 1076.0 Zoning Assessor

    Listing provided courtesy of Re/Max 2000. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302973931-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302973931-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302973931-1.jpg
    Logo
    Cay, Carly & Patrick | Keller Williams
    12780 High Bluff Drive
    San Diego CA, 92130