6662 E Olympic

    Los Angeles (City), CA 90022
    • $1,137,500
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: 18369942
    UPDATED: 25 min ago
    $1,137,500
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,386
      SQFT
    • $477
      $/SQFT
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Spectacular Investment Opportunity! A unique package deal for the Investor that wants apartments that have been remodeled. 6662 E Olympic is being sold as a package with 6658 E Olympic, so there are a total of 8 Apartments being sold. See MLS # 18-369558. Over $250,000 in upgrades in both buildings combined. Alley Access. Community Coin Laundry Room. Upgrades on both Buildings and each unit include New Exterior Stucco, Dual pane windows, new wall furnaces, remodeled kitchens with tile flooring, granite counter tops and new kitchen cabinets. Flooring has been replaced with laminate wood. All Bathrooms have been remodeled with upgraded plumbing fixtures and lighting. Bathroom drains were replaced in each unit. Plumbing upgraded with ABS copper plumbing. New Meter Boxes. All Roofs above garages replaced in 2006. Seller will be replacing all 8 Garage Doors prior to COE. Minutes to Citadel Outlets, Target, Rite Aid, Starbucks, Regency Movie Theaters and more!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T07:30:01.06. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86103755

    6662 E Olympic Los Angeles (City), CA 90022

    • Price: $1,137,500
    • Status: Active
    • Updated: 25 min ago
    • ID#: 18369942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,386
    SQFT
    $477
    $/SQFT
    1948
    Built
    County:
    Los Angeles
    Property Description
    Spectacular Investment Opportunity! A unique package deal for the Investor that wants apartments that have been remodeled. 6662 E Olympic is being sold as a package with 6658 E Olympic, so there are a total of 8 Apartments being sold. See MLS # 18-369558. Over $250,000 in upgrades in both buildings combined. Alley Access. Community Coin Laundry Room. Upgrades on both Buildings and each unit include New Exterior Stucco, Dual pane windows, new wall furnaces, remodeled kitchens with tile flooring, granite counter tops and new kitchen cabinets. Flooring has been replaced with laminate wood. All Bathrooms have been remodeled with upgraded plumbing fixtures and lighting. Bathroom drains were replaced in each unit. Plumbing upgraded with ABS copper plumbing. New Meter Boxes. All Roofs above garages replaced in 2006. Seller will be replacing all 8 Garage Doors prior to COE. Minutes to Citadel Outlets, Target, Rite Aid, Starbucks, Regency Movie Theaters and more!
    Exterior Features

    Architectural Style See Remarks Construction Materials Stucco Direction Faces North Entry Location Ground Level With StepsGround Level No Steps Garage Spaces 3.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Single Door Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Roof Shingle View None View YN No

    Interior Features

    Appliances Garbage DisposalGas Water Heater Appliances YN Yes Fireplace Features None Fireplace YN No Laundry Features Community Levels Two Window Features Double Pane WindowsShutters

    Property Features

    Electric Expense 20.00 Fuel Expense 80.00 Gross Multiplier 16.77 Gross Operating Income 59364.00 Improvements Amount 51516 Insurance Expense 208.00 Land Lease Amount Frequency See Remarks Land Value 25323 Laundry YN Yes Maintenance Expense 200.00 Net Operating Income 58103.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Wall AC 4 Number With Disposal 4 Number With Range 4 Professional Management Expense 500.00 Property Condition Updated/Remodeled Security Features Gated CommunitySmoke Detector Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Expenses 1261.00 Water Sewer Expense 53.00 Zoning Lcr3yy

    Listing provided courtesy of Dania Macias of Realty One Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T07:30:01.06. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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