Property Details
About this Property
Exclusively offered for sale 8 units in the heart of East Los Angeles. The property is currently listed with an attractive 6.64% CAP Rate, and generating $151,000 in annual gross income, translating to a 10.76 Gross Rent Multiplier. This property offers a robust cash-on-cash return of over 5% day 1, making it an exceptional choice for investors focused on profitability and long-term value. Situated just two blocks from the City of Montebello, this property features 8 units, all configured as 1-Bedroom/1-Bathroom. The total rental space is 4,226 square feet, set on a 6,633 square foot lot. Each unit is separately metered for electricity and gas, which simplifies utility management and enhances cost efficiency for the owner. Additional value is evident in the property’s upgraded copper plumbing and other significant improvements that ensure reduced maintenance issues moving forward. Tenants benefit from convenient garage parking and an onsite laundry facility, enhancing the desirability of the rental units. The location is particularly advantageous—an elementary school is directly across the street, and shopping options along with public transportation are all within walking distance, providing everything tenants might need close at hand. This property not only promises ex
MLS Listing Information
MLS #
CRCV25076896
MLS Source
California Regional MLS
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 5 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
6405 E Olympic Bld is a Residential Income in East Los Angeles, CA 90022. This – square foot property sits on a 6,629 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,675,000 and was built in 1952. This address can also be written as 6405 E Olympic Bld, East Los Angeles, CA 90022.
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This listing information is up-to-date as of July 09, 2025. For the most current information, please contact Kristopher German, (626) 427-0786
