6150 E Olympic Blvd, Los Angeles, CA 90022
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6150 E Olympic Blvd, Los Angeles, CA 90022
6150 E Olympic Blvd, Los Angeles, CA 90022
6150 E Olympic Blvd, Los Angeles, CA 90022
6150 E Olympic Blvd, Los Angeles, CA 90022
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Scott Goshorn

Scott Goshorn

+1(323) 251-5479
$ 2,995,000
Est. payment /mo
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6150 E Olympic Blvd Los Angeles, CA 90022

16 Beds

12 Baths

7,956 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,956 sqft

Price per Sqft $376

MLS Listing ID 26868873

Bedrooms 16

Year Built 1962

Lot Size 10,519 Sqft

Acres 0.2415

Property Sub-Type Multi-Family

Property Description

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 Boulevard's restaurants, shopping, and entertainment, while offering convenient access to the 5, 710, and 60 Freeways for an easy commute to Downtown Los Angeles. The property is also subject to the Unincorporated Los Angeles County Rent Stabilization Ordinance, providing investors with a clear regulatory framework.

Location

State CA

County Los Angeles

Area East La

Zoning LCR3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Laundry Room

Exterior

Parking Features Parking Space

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

NEARBY SCHOOLS & PROPERTIES

Scott Goshorn

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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