NOT LISTED FOR SALE

6531 E Olympic Blvd Los Angeles, CA 90022

Estimated Value: $624,000 - $752,000

2 Beds
2 Baths
1,140 Sq Ft
$589/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $565,000 $496 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,810/month

46 Days on Market

About This Home

As of January 2024

Great Duplex_Well maintained. Investment Opportunity to rent one and live in one. Each unit features 1 bedroom, 1 bath, 1 car garage & Ldry room each. First time buyers opportunity. Located in the Montebello School District, buyer to verify. Minutes from transportation, freeway, Restaurants, Shopping and much more. One unit will be delivered vacant. Live in one rent the other unit. Fenced in patio. Trust Sale.

Last Agent to Sell the Property

Maria Gomez

Coldwell Banker Realty License #01206447 Listed on: 10/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 2,534 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6351-018-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Great Duplex_ Opportunity to rent one and live in one. each unit features 1 bedroom, 1 bath, and 1 car garage each, with inside laundry. First time buyers opportunity. Great price. Located in the Montebello School District. Centrally located . Minutes from transportation, freeway, Restaurants, Shopping and much more. First buyer's opportunity Live in one rent the other one.
  • Living Area: 1140
  • Lot Acreage: 0.0582
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 495.61

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Lot Info

  • Assessed Improvement Percent: 42.86
  • Assessed Improvement Value: 88766
  • Assessed Land Percent: 57.14
  • Assessed Land Value: 118356
  • Total Assessed Value: 207122
  • Assessor Parcel Number: 6351-018-026
  • Lot Size Area: 2534

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jan 24, 2013
Sold by
Silva Carlos and Silva Miriam Toledo
Bought by
Carlos Silva & Miriam Silva Revocable Li
Seller's Agent
Soledad Rios
IRES, Inc.
Buyer's Agent
Soledad Rios
IRES, Inc.
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$671,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,964
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Corrales Manuel and Petty Linda S
Bought by
Silva Carlos and Silva Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Corrales Manuel and Petty Linda S
Bought by
Corrales Manuel and Petty Linda S

Purchase Details

Closed on
May 28, 2008
Sold by
Corrales Manuel
Bought by
Corrales Manuel and The Manuel Corrales Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Carlos Silva & Miriam Silva Revocable Li -- None Available
Silva Carlos $175,000 None Available
Corrales Manuel -- None Available
Corrales Manuel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Carlos $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold $565,000 0.0% $496 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/24/2023 11/24/23 Price Changed $565,000 -15.0% $496 / Sq Ft
11/21/2023 11/21/23 Price Changed $665,000 +16.9% $583 / Sq Ft
11/13/2023 11/13/23 For Sale $569,000 +0.7% $499 / Sq Ft
11/06/2023 11/06/23 Off Market $565,000 -- --
10/20/2023 10/20/23 For Sale $569,000 +225.1% $499 / Sq Ft
03/01/2013 03/01/13 Sold $175,000 -5.4% $154 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Pending -- -- --
03/27/2012 03/27/12 For Sale $185,000 -- $162 / Sq Ft
Source: The MLS

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 $3,765 $576,300 $408,000 $168,300
2024 $3,765 $215,488 $123,137 $92,351
2023 $3,593 $211,264 $120,723 $90,541
2022 $3,489 $207,122 $118,356 $88,766
2021 $3,389 $203,062 $116,036 $87,026
2020 $3,367 $200,981 $114,847 $86,134
2019 $3,282 $197,042 $112,596 $84,446
2018 $3,307 $193,180 $110,389 $82,791
2016 $3,177 $185,680 $106,103 $79,577
2015 $3,027 $182,892 $104,510 $78,382
2014 $2,948 $179,310 $102,463 $76,847
Source: Public Records

Agents Affiliated with this Home

  • Maria Gomez

    Seller's Agent in 2024

    Maria Gomez

    Coldwell Banker Realty

    (213) 705-1603

    1 in this area

    35 Total Sales

    Maria Gomez
    Section Image

  • S

    Buyer's Agent in 2024

    Subscriber Non

    Non-Participant Office

  • S

    Seller's Agent in 2013

    Soledad Rios

    IRES, Inc.

    (888) 393-9929

    Soledad Rios
    Section Image

  • N

    Buyer Co-Listing Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    6,282 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: The MLS

MLS Number: 23-323847

The MLS

APN: 6351-018-026

California Los Angeles County Los Angeles 90022

6531 E Olympic Blvd, Los Angeles, CA

Not Listed for Sale

MultiFamily

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