6650 East Olympic Boulevard

East Los Angeles, CA 90022

$595,000
Price
2
Beds
2
Baths
1,140 Sq. Ft.
$522 / Sq. Ft.
1,140
Sq. Ft.
$522
per Sq. Ft.

Description

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),...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!
  1. Listed by Tony Lopez • DRE #01752038 • Brokerage DRE #02211662 • Berkshire Hathaway HomeService • 562-762-7403

Property Details for 6650 East Olympic Boulevard

Architectural Style
Bungalow
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1140

Location

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038
Add your commute
LISTING UPDATED: 04/28/2024 01:58 PM

Property Details for 6650 East Olympic Boulevard

StatusActive
MLS #RS24046595
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.06 AC / 2,493 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038
Add your commute

Building Information for 6650 East Olympic Boulevard

Stories1Residences-Year Built1952Building Size-Lot Size0.06 AC / 2,493 SF

Payment Calculator

$3,414 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6650 East Olympic Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $33,600
  • Gross Scheduled Income: $33,600
  • Vacancy Allowance: 1000
  • Net Operating Income: $30,870
  • Number Of Rented Garages: 0
  • Laundry Income: $0
Expense Details
  • Operating Expense: $2,730
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,250
  • Trash Expense: $280
  • Water Sewer Expense: $1,200
  • Total Expenses: $2,730
Tax / Assessment Info
  • Tax Tract Number: 10083
  • Tax Census Tract: 5319.02
  • CFD/Mello-Roos Fee: $1,140
  • Tax Lot: 128
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Laundry Area, None, Outside
  • Interior Features: Copper Plumbing Full
  • Room Type: All Bedrooms Down, Laundry
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Common Area, Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Combination, Floor Furnace, Wall
  • Heating: Combination, Floor Furnace, Wall Furnace
  • Heat Equipment: Combination Heating, Floor Furnace
Exterior Features
  • Security Features: Smoke Detector(s), Window Bars
  • Security: Security Bars
  • Construction Materials: Drywall Walls, Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Raised
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Near Public Transit, No Landscaping
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Available
  • Electric: Sewer Connected, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 6650 East Olympic Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6650 East Olympic Boulevard

Taxable ValueLand$28,172Additions$48,378Total$76,550
Tax Record2023$2,007 ($167 / month)
Home Facts
Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtLot Size2,493 SqFtStyleDuplexYear Built1952ZoningLCR3YYCountyLOS ANGELESAPN6351-008-012

Schools near 6650 East Olympic Boulevard

This home is within Montebello Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Montebello Intermediate School
Public6 to 8

Montebello High School
Public9 to 12

Applied Technology Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6650 East Olympic Boulevard is a multi-family home for sale in East Los Angeles, CA 90022. This property was listed for sale on March 7, 2024 by Berkshire Hathaway HomeService, it's currently listed at $595,000. This listing's school district is Montebello Unified School District. Nearby schools include Washington Elementary School, Montebello Intermediate School and Montebello High School. 6650 East Olympic Boulevard is a 2-bed, 2-bath, 1,140 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService, Tony Lopez, DRE #01752038

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.