East Los Angeles, CA 90022,6684 E OLYMPIC BLVD E

$708,000

$699,000

1.3%
Est.Price: ?

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Est. payment /mo

6,795 Sqft Lot


SOLD DATE : 11/06/2012

Key Details

Sold Price $708,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID Y1202220

Sold Date 11/06/12

HOA Y/N No

Year Built 1953

Lot Size 6,795 Sqft

Property Description

This is a well kept 9 unit complex located adjacent to Montebello in the County section of Los Angeles. According the the City there is no rent control because it's located in the county, but buyer's will need to verify this information. Property consists of 5 single units that should rent for $650-$700 per month,3 x One bedrooms that should be $850-$900 per month and the 1 two bedroom that is currenty at market value at $1100. Fully rented it should bring in over $7000 per month or around $82,000 a year, with that sort of income it's a bargain. Units also have a wash room, storage lockers and parking spots located in rear. Each unit has seperate gas and electric meters. This is an awesome price for a property in this location and condition so hurry and get your offers in before its to late.

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Interior

Fireplace No

Exterior

View Y/N No

Accessibility None

Total Parking Spaces 7

Private Pool No

Building

Story Two

Entry Level Two

Sewer Unknown

Water Public

Architectural Style See Remarks

Level or Stories Two

Others

Senior Community No

Tax ID 6351008019

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Probate Listing

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California Regional MLS (CRMLS)
Listed by Craig Marson • First Team Real Estate
Bought with Tim Cragoe • Re/Max Premier Prop Arcadia
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