Jerry Avila
    Jerry Avila
    (909) 908-9474jerryavila@allnationsontario.com
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      jerryavila@allnationsontario.com
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    • Jerry Avila
      1757 South Euclid Ave.
      Ontario, California 91762
      (909) 908-9474
      jerryavila@allnationsontario.com

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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $1,675,000
      Sold

      6405 E Olympic Boulevard

      East Los Angeles, CA 90022
      0.15 acres | #CV25076896
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      Listing OfficeRE/MAX 2000 REALTY
      Type:Multi-Family
      Structure:House
      Zone:Residential

      Description

      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 excellent returns, but also offers a stable and convenient lifestyle for tenants, making it a compelling acquisition in East Los Angeles.

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      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Yesterday at 10:46 PM. Source: CRMLS

      Provided By
      Listing Agent: Kristopher German (#CV33418)
      Listing Office: RE/MAX 2000 REALTY (#51247)

      Provided By (Buyer)
      Buyer's Agent: Powai Wong (#p19767)

      Jerry Avila#TheRealEstateGuy
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