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$595,000   Price Analysis
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6650 E Olympic Blvd
East Los Angeles, CA 90022
2 bed 2 bath 1,140 SqFt ($521/SqFt)
2,493SqFt lot. Built 1952
Listed 2024-03-07, Taxes $1,960
Ⓧ USDA Ineligible
due to location

near East Los Angeles

Back on the Market.

Priced to sell! Discover an exceptional chance to claim a piece of the American dream with this captivating duplex in the heart of East Los Angeles, moments away from the City of Montebello. Nestled in unincorporated Los Angeles County, this property presents a harmonious fusion of convenience, affordability and promising investment potential with a brand new 30-year roof a nd new copper plumbing. Each unit boasts 1 bedroom, 1 bathroom and a detached 2-car garage (potentially an ADU), offering a comfortable and practical living space.

This property is an ideal investment opportunity given its strategic location near prominent shopping centers and Downtown Los Angeles. Whether you reside in one unit and lease the ther, expand your investment portfolio or assist your adult children in their journey toward homeownership, the options are endless. Don't miss this golden opportunity to secure a valuable asset in a sought-after location. Take swift action, as opportunities like this are fleeting. Reach out today for this remarkable chance before it slips away seize the moment and move towards a brighter future!


Presented by Tony Lopez at
Berkshire Hathaway Homeservice.
Listing Agent Photo

Property MLS #RS24046595 from CRMLS

Bedrooms: 2

Copper Plumbing Full

All Bedrooms Down, Laundry

Laundry Features: Common Area, Outside

Full Bathrooms: 2

Heating Features: Combination, Floor Furnace, Wall Furnace
Heating: Yes

Fencing: Fence YN: Yes, Fencing: Chain Link
Road Surface Type: Alley Paved

Lot Description: Rectangular Lot, Near Public Transit
Lot Size Acres: 0.0572314
Lot Size Source: Assessor
Lot Size Square Feet: 2493

Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 2

Number of Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 1
Tenant Pays: Cable TV, Electricity, Gas
Vacancy Allowance: 1000

Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1250.00
Area: ELA - East Los Angeles
Source Neighborhood: ELA - East Los Angeles
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 6351008012
Postal Code Plus 4: 4734
Trash Expense: 280.00
Zoning: LCR3YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$47,430 + $27,620
$75,050
$1,960
2021$46,500 + $27,079
$73,579
$1,914
2020$46,024 + $26,802
$72,826
$1,903
2019$45,122 + $26,277
$71,399
$1,868
2018$44,238 + $25,762
$70,000
$1,842
2017$43,371 + $25,257
$68,628
$1,811
2016$42,521 + $24,762
$67,283
$1,771
2015$41,883 + $24,391
$66,274
$1,713
2014$41,063 + $23,914
$64,977
$1,575
2013$40,878 + $23,806
$64,684
$1,563
2012$40,077 + $23,340
$63,417
$1,545
2010$39,292 + $22,883
$62,175
$1,499
2009$39,092 + $22,766
$61,858
$1,471
2009$38,999 + $22,712
$61,711
$1,471
2008$38,326 + $22,320
$60,646
$1,426
2007$37,575 + $21,883
$59,458
$1,366

Price Changed 2024-04-08
$595,000
CRMLS
Listed 2024-03-07
$630,000
CRMLS
Sold 1978-02-16
$34,500
Public Record

Net Operating Income: 30870.00

Total Square Feet Living: 1140
Year Built: 1952
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Drywall Walls, Frame, Stucco
Entry Level: 1
Entry Location: 1
Foundation Details: Raised
Property Age: 72
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
House Style: Bungalow
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
Sewer Connected
Water Available
Water Source: Public

Montebello High School is a public high school located approximately 0.5 miles away.
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Montebello Intermediate School is a public middle school located approximately 0.7 miles away.
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Washington Elementary School is a public elementary school located approximately 0.9 miles away.
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Cantwell--Sacred Heart of Mary High School is a private high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.