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$2,995,000

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
  • Updated 7 days ago
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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.

Full Property Details for 6150 E Olympic Blvd

General

  • Price: $2,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26868873
  • Updated: 8/18/2026
  • Added to Site: 19 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 16

Other Rooms

  • Laundry: Room

Additional Information

  • Other Features: None

Parking

  • Garage Description: Parking Space

Location

  • Area: East LA
  • County: Los Angeles
  • Cross Streets: Hanover Ave
  • Driving Directions: Excellent location situated in a Prime East Los Angeles Neighborhood. Sitting on East Olympic Blvd between South Hendricks Ave and Hanover Ave. Nearest major cross streets are East Olympic Blvd and South Garfield Ave.

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 7,956
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1962
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 12
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2415
  • Lot Size: 10519
  • Lot Size Source: Vendor Enhanced
  • Alley: Yes
  • Zoning: LCR3YY

Financial Considerations

  • Price Per Sq. Ft.: $376.45
  • Assessment Year: 1962

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 6338-011-019

Listed by Remax Commercial and Investment Realty, Shant Sherbetdjian

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Listing agent

— 6150 E Olympic Blvd —

  • Shant Sherbetdjian

    Remax Commercial and Investment Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6150 E Olympic Blvd

School District:Montebello Unified School District
NameGradesDistance
Montebello Park Elementary School
6300 N.side Dr., Los Angeles, CA 90022
K-50.2 mi
Eastmont Intermediate School
400 N. Bradshawe Ave., Montebello, CA 90640
6-80.8 mi
Schurr High School
820 North Wilcox Avenue, Montebello, CA 90640
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6150 E Olympic Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/06/2026
Listed
$2,995,000
57.22%
MLS
2/25/2021
Sold
$1,905,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 6150 E Olympic Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,084
6%
$2,062,030
4%
2023
$29,451
3%
$1,981,961
2%
2022
$28,552
23%
$1,943,100
29%
2021
$23,178
1%
$1,510,535
1%
2020
$23,038
3%
$1,495,047
2%
2019
$22,422
-2%
$1,465,734
2%
2018
$22,798
2%
$1,436,995
2%
2017
$22,284
2%
$1,408,819
2%
2016
$21,829
5%
$1,381,196
2%
2015
$20,729
1%
$1,360,450
2%
2014
$20,490
—
$1,333,801
—
2013
$20,496
—
$1,327,774
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Remax Commercial and Investment Realty, Shant Sherbetdjian

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6150 E Olympic Blvd, Los Angeles, CA 90022 (MLS# 26868873) is a Multi-Family property with units containing 16 bedrooms and 0 full bathrooms. 6150 E Olympic Blvd is currently listed for $2,995,000 and was received on August 06, 2026. Want to learn more about 6150 E Olympic Blvd? Do you have questions about finding other Multi-Family real estate for sale in East Hollywood? You can browse all East Hollywood real estate or contact a Coldwell Banker agent to request more information.

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