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16 Beds
12 Baths
7,956 sqft

$2,995,000

6150 E Olympic Boulevard, Los Angeles CA, 90022

Price per sqft$376.45
Built in1962
Property size7,956 sqft
Property typeResidential
Listed by Shant Sherbetdjian CA DRE# 01713570 with Remax Commercial and Investment Realty 626-657-8150

Overview

Active

Listed Aug 6, 2026

Updated 4 weeks ago

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.

$19,926/mo

Est. mortgage payment based on a $2,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26868873

Interior Features

Bedrooms
16
Bathrooms
12
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Shant Sherbetdjian CA DRE# 01713570 with Remax Commercial and Investment Realty 626-657-8150

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/19/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/19/2026 at 11:37 PM UTC Last Checked: 11:37 PM UTC

 

 

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