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.
Property Details
Price:
$2,995,000
MLS #:
26868873
Status:
Active
Beds:
16
Baths:
12
Type:
Single Family
Neighborhood:
elaeastlosangeles
Listed Date:
Aug 6, 2026
Finished Sq Ft:
7,956
Total Sq Ft:
7,956
Lot Size:
10,519 sqft / 0.24 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Laundry Features
Laundry Room
Levels
Two
Exterior
Parking Features
Parking Space
Parking Spots
12
Parking Total
12
Stories
2
Financial
Map
Community
- Address6150 E Olympic BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Bungalow Land
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Elysian Valley
- Floristan Hts
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Picfair Village
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Walter’s Moneta Ave and Figueroa St Tract
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 06, 2026
5,260
Single Family Listed
101
Avg DOM
526
Avg $ / SqFt
$1,986,288
Avg List Price
Property Summary
- 6150 E Olympic BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90022. It is listed for $2,995,000 and features 16 beds, 12 baths, and has approximately 7,956 square feet of living space, and was originally constructed in 1962. The current price per square foot is $376. The average price per square foot for Single Family listings in Los Angeles is $526. The average listing price for Single Family in Los Angeles is $1,986,288.
Similar Listings Nearby
6150 E Olympic BL
Los Angeles, CA


