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  • 6150 E Olympic Boulevard

6150 E Olympic Boulevard, Los Angeles, CA 90022

$2,995,000 Approx. USD 16 beds, 12 baths
7,956 sqft

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Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTORĀ® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
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Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Fax: 310-858-1295
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Listing Agent


Shant Sherbetdjian | ss@remaxcir.com
Lic#: 01713570
Broker: Courtesy of Remax Commercial and Investment Realty
Phone: 626-657-8150

Agent Remarks

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 6.17% 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26868873
Price: $2,995,000
Beds: 16
Baths: 12
Built in 1962
7,956 sqft
2 stories
0.24 acres
Lot size: 0.2415
County: Los Angeles
Zoning: LCR3YY
Parking description: One Space
MLS area: ELA - East Los Angeles

Last Updated: 8/10/2026

 Days On Market (DOM): 5

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This listing belongs to the ELA - East Los Angeles MLS area

Lat/Long: 34.012418, -118.139289.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Anne Fitzgibbon

Anne Fitzgibbon REALTORĀ® - Sales Associate 323-469-9870 m
323-671-1237 o
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net
Text Me
Call My Cell
Call My Office
Lic#: 00995175
NRDS ID: 175503628
AnneFitzgibbon@sbcglobal.net

Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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