6650 E Olympic Boulevard East Los Angeles, CA $ 595,000
6650 E Olympic Boulevard
$ 595,000
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6650 E Olympic Boulevard

East Los Angeles, CA, 90022
$ 595,000
Bedrooms1 Baths1.0 Sq 1,140

Monthly Estimate*

$ 4,156

Listed by Berkshire Hathaway HomeService
6650 E Olympic Boulevard, East Los Angeles, CA 90022 - Image 1
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Multi-Family Home for sale in East Los Angeles, CA

for $595,000 with 1 bedroom and 1 full bath. This 1,140 square foot home was built in 1952 on a lot size of 0.0572.

Huge Price Reduction! Discover an exceptional chance to claim a piece of the American dream with this captivating duplex in the heart of East Los Angeles, just moments away from the City of Montebello. Nestled in unincorporated Los Angeles County, this property presents a harmonious fusion of convenience, affordability, and promising investment potential with a brand new 30-year roof and new copper plumbing. Each unit boasts 1 bedroom, 1 bathroom, and a detached 2-car garage (potentially an ADU), offering a comfortable and practical living space. This property is an ideal investment opportunity given its strategic location near prominent shopping centers and Downtown Los Angeles. Whether you reside in one unit and lease the other, expand your investment portfolio, or assist your adult children in their journey toward homeownership, the options are endless. Don't miss this golden opportunity to secure a valuable asset in a sought-after location. Take swift action, as opportunities like this are fleeting. Reach out today for this remarkable chance before it slips away – seize the moment and move towards a brighter future!

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Multi-Family Active

Price

$ 595,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.0572

Year Built

1952

Town/City

East Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS24046595

Days on Market

58

Features
General
Interior Features AllBedroomsDown
Sewer PublicSewer
Heating Combination FloorFurnace WallFurnace
Cooling None
Utilities SewerConnected WaterAvailable
Roof Shingle
Zoning LCR3YY
HOA 0.0
Garage Spaces 2.0
Architectural Style Bungalow
Pool Features None
Security Features SmokeDetectors WindowBars
Construction Materials Drywall Frame Stucco CopperPlumbing
Year Built 1952
Tenant Pays CableTV Electricity Gas
Stories 1
Levels One
Property SubType Duplex
Gross Income 33600.0
Community Features Curbs StormDrains StreetLights Sidewalks
County Los Angeles
Net Operating Income 30870.0
Operating Expense 2730.0
Insurance Expense 1250.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency 1031 Exchange
Garage Y/N Y
Special Listing Conditions Standard Trust
Status Active
Directions On Olympic Blvd. between Garfield Avenue and Concourse Avenue
City East Los Angeles
Disclosures RentControl Unincorporated
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area ELA - East Los Angeles
Lot Size Square Feet 2493.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 1
Street Name Olympic
Listing Terms CashtoNewLoan Conventional Item1031Exchange FHA Submit VALoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition RepairsCosmetic
Trash Expense 280.0
Water Sewer Expense 1200.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 52
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 128
Total Actual Rent 1400.0
Property Sub Type Additional Duplex
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Exterior
Fencing ChainLink
Parking Features Assigned
Lot Features NoLandscaping NearPublicTransit RectangularLot
Water Source Public
Total Parking 2.0
Lot Size Area 2493.0
Foundation Details Raised
Number of Buildings 1
Spa N
Building Area Total 1140.0
Lot Size Acres 0.0572
Road Surface Type AlleyPaved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features CommonArea Outside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 6650
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* Excluded Features
List By
Berkshire Hathaway Homeservice

Broker

(562) 860-2443

Phone

Affordability Calculator

$4,156
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$595,000 -5.56% Price Down
3/7/2024$630,000 Listed Price

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6650 E Olympic Boulevard, East Los Angeles, CA, 90022 is a Multi-Family Home for sale at $595,000 with 1,140 sqft and a lot size of 0.0572. 6650 E Olympic Boulevard has 1 bedrooms, 1.0 baths, and was built in 1952. The property's zip code is 90022 which is in East Los Angeles, CA