6150 E Olympic Boulevard, Los Angeles, CA 90022

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
6150 E Olympic Boulevard,Los Angeles, CA 90022
$2,995,000
  • 16 Beds
  • 12 Baths
  • 7,956 sq. ft.
  • Multi-family
  • Active
Listed by: shant sherbetdjian
Office: remax commercial and investment realty213-817-1000
MLS#:26868873
Source:CRMLS

Price summary

  • Price:$2,995,000
  • Price per sq. ft.:$376.45

About this home

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 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...

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Home facts

  • Year built:1962
  • Listing ID #:26868873
  • Added:48 day(s) ago
  • Updated:September 28, 2026 at 12:21 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:12
  • Living area:7,956 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:7,956 sq. ft.
  • Lot area:0.24 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,995,000
  • Price per sq. ft.:$376.45

Parking

  • Total parking spaces:12
  • Parking description:One Space
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