Property Detail

6434 Olympic

Los Angeles CA 90022

$1,500,000

Status: Active

Property Details

Description

First Time on the Market in 51 Years! Pride-of-ownership 6-unit apartment offering in East Los Angeles, just 2 blocks from Montebello. This rare opportunity features two side-by-side single-story triplexes, each on its own parcel, being sold together. Situated on a combined 9,674 SF lot zoned LCR3YY, the property offers ADU development potential and a classic garden-style setting with secured entry and garage parking for all units. Each of the six 1-bed, 1-bath units are spacious and well-maintained, with many recent upgrades, including updated electrical systems. Family-owned and operated for over five decades, the property is located in a highly desirable East L.A. neighborhood that is "Very Walkable" (Walk Score: 77) and qualifies for residential financing. Tenants enjoy easy access to the Citadel Outlets, Chroni's Famous Hot Dogs, East LA College and the 5, 60, and 710 freeways. Explore the property and neighborhood vibe in our video tour! (Check Out The Link) Subject to the Unincorporated Los Angeles County Rent Stabilization Ordinance. Offered as a 6-unit sale, totaling 3,564 SF of building space. Each triplex (3 units) is also listed separately at $750,000 each, but both must be sold together. Contact listing agent for more details.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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