6516 E Olympic Boulevard 6516 E Olympic Boulevard 6516 E Olympic Boulevard 6516 E Olympic Boulevard 6516 E Olympic Boulevard 6516 E Olympic Boulevard 6516 E Olympic Boulevard Location:
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6516 E Olympic Boulevard

East Los Angeles, CA 90022
4 bed
5 bath
2,677 sqft
$945,000
$30K price drop

Highlights

Electric Vehicle Charging Nearby

73 electric car charging points within a 5-minute driving distance.

Grocery Delivery

Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.

Number of bedrooms in comparison to the block

Nearly half the number of homes on the block have more than 3 bedrooms.

About

We are pleased to exclusively offer for sale this "Turn-Key" 5 unit multi-family investment located in the city of East Los Angeles (Located 1 block west of Montebello.) The subject property has been well maintained and offers Copper Plumbing throughout, Updated Interiors, Newer Vinyl Windows, New Exterior Paint, and New Garage Doors. Most units have interio ... Read more
Year Built
:
1949
MLS #
:
CV20249286
Lot Size
:
4,895 sq ft.
Property Type
:
Residential Income
Status
:
Active
Style
:
, Residential Income
County
:
Los Angeles
Virtual Tour
:
Time On ZeroDown
:
3 months
Floor Size
:
2,677 sq ft.
Listed by: KRISTOPHER GERMAN
Brokerage: RE/MAX 2000
MLS#: CV20249286
Source: CRMLS
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Property Details

Interior Features
Unit Type 3 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,133.0
Projected Rent:
$1,395.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$1,133.0
Unit Type 4 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,076.0
Projected Rent:
$1,395.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$1,076.0
Laundry Information
Has Laundry:
Yes
Laundry Features:
Gas & Electric Dryer Hookup, See Remarks
Interior Features
Levels:
Two
Fireplace Features:
None
Heating & Cooling
Cooling:
Wall/Window Unit(s)
Heating:
Wall Furnace
Unit Type 2 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,133.0
Projected Rent:
$1,395.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$1,133.0
Multi-Unit Information
Water Sewer Expense:
$2,456.0
Gross Income:
$63,816.0
# of Separate Water Meters:
1
Total Expense:
$18,277.0
# of Buidings:
1
Total Rent:
$5,318.0
# of Separate Gas Meters:
5
Gross Scheduled Income:
$63,816.0
Net Operating Expense:
$18,629.0
Maintenance Expense:
$2,500.0
Other Expense:
$750.0
Vacancy Allowance:
$1,914.0
Net Operating Income:
$43,273.0
Insurance Expense:
$1,500.0
Other Expense Description:
Reserves
New Taxes Expense:
$11,071.0
# of Separate Electric Meters:
5
Total Buiding Area:
2,677 Sq. Ft.
Unit Type 5 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$921.0
Projected Rent:
$1,095.0
# of Units:
1
Actual Rent:
$921.0
Unit Type 1 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,055.0
Projected Rent:
$1,495.0
# of Garage Spaces:
1.0
# of Units:
1
Actual Rent:
$1,055.0
Exterior Features
Pool Information
Pool Features:
None
Has Private Pool:
Yes
Building Information
Year Built Source:
Assessor
New Construction:
Yes
Details provided by CRMLS and may not match the public record.

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Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
6516 E Olympic Boulevard is a 2677 sq ft house with 4 beds and 5 baths.
What’s the current price of this home?
6516 E Olympic Boulevard is currently priced at 945,000.
How many photos are available for this home?
ZeroDown has 8 photos of 6516 E Olympic Boulevard.
Are there electric charging stations around 6516 E Olympic Boulevard?
73 electric car charging points within a 5-minute driving distance.
What are the internet/broadband options for 6516 E Olympic Boulevard?
Get into the gaming mode with 1000.0+ Mbps download speeds available on this block powered by AT&T California.
What are the nearest hospitals/urgent care centers for 6516 E Olympic Boulevard?
5 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are child care options around 6516 E Olympic Boulevard?
This home is great if you have young kids. There are at least 5 child care centers within 0.8 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,There are at least 4 day-cares within 10 miles of this home, the closest one is approx. 2 mins by drive.
When was this home built?
6516 E Olympic Boulevard was built in 1949.
How long has this home been listed on ZeroDown?
6516 E Olympic Boulevard has been on ZeroDown for 3 months.
Is 6516 E Olympic Boulevard in a quiet neighborhood?
Ambient noise level around this home is 60 - 70 dBA, classified as Loud - Safe listening for any time period. Sounds like conversational speech.
What are the food delivery options for 6516 E Olympic Boulevard?
Food delivery available from 279+ restaurants and over 44 different cuisines to discover, powered by Doordash. Delivery could take a little longer than 30 minutes.
What are the public transportation options for 6516 E Olympic Boulevard?
The nearest airport is Long Beach /Daugherty Field/ Airport, which is 13.4 miles away.
What are the grocery and delivery options for 6516 E Olympic Boulevard?
1 grocery stores at a walking distance of 2-5 mins. Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.
How does it feel to live in 90022 zip code?
67.3% of the households in this zip code(90022) are renter-occupied.

Listing Courtesy of: CRMLS_CA and RE/MAX 2000. Based on information from California Regional Multiple Listing Service, Inc
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.