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1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786

kris@theapartmentdealer.com

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  3. 5 Units in Los Angeles

5 Units in Los Angeles

6516 E Olympic Blvd, East Los Angeles, CA 90022, USA
Sold for$900,000$180,000/Per Unit

Description

SALE HIGHLIGHTS

  • Sales Price: $900,000
  • 5.26% CAP Rate | 13.41 GRM
  • $180,000 Per Unit | $326 Per Ft
  • *Kris represented both the Seller and the Buyer in this transaction. Previous owner sold in order to dissolve partnership and allow each partner to complete their own independent 1031-Exchange.

PROPERTY HIGHLIGHTS

INVESTMENT HIGHLIGHTS

  • Well-Maintained Asset – 1 Block from Montebello
  • Copper Plumbing Throughout
  • All Updated Vinyl Windows
  • Updated Interiors Include – Updated Kitchens & Bathrooms, Wood Laminate Floors
  • New Exterior Paint, New Garage Doors
  • Most Units Offer Interior Laundry Hookups
  • Unit Mix Consists of:
    • (1) XL 1 Bed/1 Bath (Being Used as 2-Bedroom Unit)
    • (3) 1 Bed/1 Bath Units
    • (1) Studio Apartment
  • Long-Term Tenants – All Paying During COVID!

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Address

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  • Address: 6516 E Olympic Blvd
  • City: Los Angeles
  • State/county: California
  • Zip/Postal Code: 90022
  • Neighborhood: East Los Angeles
  • Country: United States

Detail

Updated on October 22, 2021 at 11:05 am

  • Price: Sold for $900,000
  • Property Size: 2677 SqFt
  • Land Area: 4895 SqFt
  • Year Built: 1949
  • Property Type: Multi Family
  • Property Status: Sold

Additional details

  • # of Units: 5
  • Unit Mix: 1 (1+1 XL), 3 (1+1), 1 (Studio)
  • Zoning: LCR3YY
  • We Represented: Seller / Buyer
  • Close of Escrow: 10/21/2021

WalkScore

walkscore77 / Very Walkable more details here

Contact info

View my listings
Kristopher German
Kristopher German
(626) 427-0786
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