6150 E Olympic Blvd East Los Angeles, CA 90022
East Los Angeles AreaEstimated payment $18,484/month
Highlights
- 0.24 Acre Lot
- Laundry Room
- 3-minute walk to Saybrook Park
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 Unincorporated Los Angeles County Rent Stabilization Ordinance, providing investors with a clear regulatory framework.
Listing Agent
Remax Commercial and Investment Realty License #01713570 Listed on: 08/06/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 10,519 Sq Ft Lot
Parking
- 12 Parking Spaces
Interior Spaces
- 7,956 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 12 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Listing and Financial Details
- Assessor Parcel Number 6338-011-019
Community Details
Overview
- 12 Units
Building Details
- Rent Control
- Vacancy Allowance $8,488
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $31,084 | $2,103,270 | $736,419 | $1,366,851 |
| 2025 | $31,084 | $2,062,030 | $721,980 | $1,340,050 |
| 2024 | $30,091 | $2,021,599 | $707,824 | $1,313,775 |
| 2023 | $29,451 | $1,981,961 | $693,946 | $1,288,015 |
| 2022 | $28,552 | $1,943,100 | $680,340 | $1,262,760 |
| 2021 | $23,178 | $1,510,535 | $328,374 | $1,182,161 |
| 2020 | $23,038 | $1,495,047 | $325,007 | $1,170,040 |
| 2019 | $22,422 | $1,465,734 | $318,635 | $1,147,099 |
| 2018 | $22,798 | $1,436,995 | $312,388 | $1,124,607 |
| 2017 | $22,284 | $1,408,819 | $306,263 | $1,102,556 |
| 2016 | $21,829 | $1,381,196 | $300,258 | $1,080,938 |
| 2015 | $20,729 | $1,360,450 | $295,748 | $1,064,702 |
| 2014 | $20,490 | $1,333,801 | $289,955 | $1,043,846 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2026 08/06/26 | For Sale | $2,995,000 | +57.2% | $376 / Sq Ft | |
| 03/23/2021 03/23/21 | Sold | $1,905,000 | -13.4% | $239 / Sq Ft | View Prior Sale |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- | |
| 02/08/2021 02/08/21 | For Sale | $2,200,000 | -- | $277 / Sq Ft |
Source: The MLS
MLS Number: 26868873
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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