NOT LISTED FOR SALE

6526 E Olympic Blvd Los Angeles, CA 90022

Estimated Value: $763,133 - $816,000

4 Beds
3 Baths
1,888 Sq Ft
$423/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $430,000 $228 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,883/month

63 Days on Market

Highlights

  • No HOA
  • Parking Storage or Cabinetry
  • Level Lot
  • Laundry Room
  • 3 Car Garage
  • Wall Furnace

About This Home

As of July 2015

3 units in ELA just 1/2 block away from Montebello. This property features one 2 bedroom one bath unit facing Olympic Blvd and also two 1 bedrooms with 1 bath each behind said unit. All units are occupied and subject to inspection. Please do not disturb tenants. Each unit has a 1 car garage at rear of building at alley with newer garage doors. Property is located just minutes from downtown L.A. and easy access to all local freeways and plenty of local shopping strips and malls as well as schools and city parks. Building has a common laundry room but no machines included in sale.

Last Agent to Sell the Property

Rudy Rodriguez

GEORGE MICHAEL REALTY License #00709414 Listed on: 10/18/2014

Last Buyer's Agent

Rudy Rodriguez

GEORGE MICHAEL REALTY License #00709414 Listed on: 10/18/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,796 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Public Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • No Driveway
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Lot 406
  • Tax Tract Number 8649
  • Assessor Parcel Number 6351017009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,200
  • Trash Expense $60
  • Water Sewer Expense $360
  • New Taxes Expense $5,000
  • Gross Income $3,400
  • Net Operating Income $35,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 360.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 6351017009
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 227.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, No Driveway, Public, Garage Faces Rear, Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Individual Room
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard, Level with Street
  • Lot Size Sq Ft: 4796.00
  • Price Per Lot Square Foot: 89.66
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 3400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4796.0000 Square Feet
  • Net Operating Income: 35400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 406
  • Tax Tract Number: 8649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2014
Sold by
Diaz Fernando
Bought by
Velazquez Victor
Current Estimated Value
$799,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,273
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2002
Sold by
Rubio Albert and Rubio Martha
Bought by
Diaz Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
5.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 26, 2001
Sold by
Pawluk Jose and Pawluk Olga
Bought by
Rubio Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velazquez Victor $430,000 Wfg Title Company
Diaz Fernando $276,500 Commerce Title
Rubio Albert $185,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Victor $411,273
Previous Owner Diaz Fernando $165,900
Previous Owner Rubio Albert $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $430,000 -2.3% $228 / Sq Ft
12/20/2014 12/20/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $439,900 -- $233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $7,689 $516,787 $288,440 $228,347
2024 $7,689 $506,655 $282,785 $223,870
2023 $7,439 $496,722 $277,241 $219,481
2022 $7,209 $486,983 $271,805 $215,178
2021 $6,986 $477,435 $266,476 $210,959
2019 $6,747 $463,275 $258,573 $204,702
2018 $6,837 $454,192 $253,503 $200,689
2016 $6,564 $436,557 $243,660 $192,897
2015 $5,128 $333,195 $126,529 $206,666
2014 -- $326,669 $124,051 $202,618
Source: Public Records

Agents Affiliated with this Home

  • Rudy Rodriguez

    Seller's Agent in 2015

    Rudy Rodriguez

    GEORGE MICHAEL REALTY

    (323) 646-2100

    11 Total Sales

    Rudy Rodriguez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14225863

California Regional Multiple Listing Service (CRMLS)

APN: 6351-017-009

California Los Angeles County Los Angeles 90022

6526 E Olympic Blvd, Los Angeles, CA

Not Listed for Sale

MultiFamily

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