6539 E Olympic Blvd, Los Angeles, CA 90022
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6539 E Olympic Blvd Los Angeles, CA 90022

$799,000
  • 4 Beds
  • 2 Baths
  • 1,873 Sq.Ft.
Back Up Offer
$799,000 Get Pre-Qualified

Property Overview: 6539 E Olympic Blvd Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,873 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Duplex with two 2-bedroom, 1 bathroom unit, dining and living rooms, laundry areas, two 1-car garages, front and rear yards. 6539 unit was just remodeled with permits (kitchen, bathroom, floorings, lighting, electrical, plumbing, windows, wall heaters, water heater, doors, paint, etc.). 6541 unit was partially remodeled around 7 years ago (kitchen, bathroom, floorings, etc.). 6439 unit is available for inspection. The 6541 unit is currently tenant occupied, but the plan is for both units to be delivered vacant. The property has a double lot and this may allow for additional units to be built. Buyers to verify condition, living area, etc. of units. Trust sale involved and property is sold in "as is" is condition. Broker is a trustee and one of the beneficiaries of the trust.

Listed by Daniel Figueroa | BRE #01894896 | Daniel Figueroa, Broker
Last checked: 4 minutes ago | Last updated: July 7th, 2024 | Source CRMLS | DOM: 48
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Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1949
Garage
2 Car
Property Type:
Duplex
Status
Back Up Offer
MLS#
OC24101835
City
Los Angeles
County
Los Angeles
Time on Site
48 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,868
  • Total Rent: $1,868
  • Pro Forma/Market Rent: $1,868
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $22,416
  • Net Operating Income: $13,949
  • Gross Operating Income: $21,216
Annual Expense Breakdown
  • Total Operating Expense: $8,467
  • Trash: $600
  • Insurance: $1,500
  • Water/Sewer: $1,200
  • Other Expenses: $5,167
  • Other Expense Description: Taxes

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Property Details for 6539 E Olympic Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Bath, Dining Room, Kitchen, Living Room, Patio, Electric, Gas
Room Information
  • Flooring: Vinyl
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Water Heater
Interior Features
  • Granite Counters, Quartz Counters, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows, Screens
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Back Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6351018023
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 1 block west of Garfield Avenue
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 6539 E Olympic Blvd

View property's historical transactions
  • July, 2024

  • Jul 6, 2024

    Date

    Back Up Offer

    CRMLS: OC24101835

    $799,000

    Price

  • May 25, 2024

    Date

    Active

    CRMLS: OC24101835

    $869,000

    Price

  • September, 2022

  • Sep 14, 2022

    Date

    Canceled

    CRMLS: OC22144292

    $699,000

    Price

  • Jul 11, 2022

    Date

    Active

    CRMLS: OC22144292

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex with Two 2-bedroom, 1-bathroom units, dining and living rooms, two 1-car garages, front and rear yards, larger lot for the area, rear unit (6541) was partially remodeled around 5 years ago; Trust sale and sold in "as is" condition; Some repair work is needed; Good investment property; Both units are currently tenant occupied; Buyers to verify living area/condition of units; Broker is a trustee and beneficiary of the trust.

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Tax History for 6539 E Olympic Blvd

Assessed Value (2020): $321,064
Year Land Value Improved Value Assessed Value
2020 $190,558 $130,506 $321,064

Home Value Compared to the Market

This property vs the competition

6539 E Olympic Blvd is listed 33.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $769 and this home is listed at $426.59 per/sqft which puts the price per square foot 44.53% lower than the median price per square foot for the city of Los Angeles.

About 6539 E Olympic Blvd

Detailed summary of property

6539 E Olympic Blvd is a duplex located in Los Angeles, CA 90022 and is currently in escrow to be sold. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,873 living square feet, and sits on an approximately 5,000 square foot lot. 6539 E Olympic Blvd was first listed on ArdentRealEstateGroup.com on May 25, 2024. The homeowner is currently asking $799,000 and was originally asking $869,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $769. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 33.42% lower than the median priced home. Local competing homes currently for sale include 440 W 113th St, 309 Margaret Ave and 6223 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 101 days, 6539 E Olympic Blvd has a days on market of 48 days. There are currently 3970 homes for sale in the Los Angeles real estate market and 2658 of them are single family homes while 1194 of them are condos and 110 are townhomes. For more information on this home for sale at 6539 E Olympic Blvd Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6539 E Olympic Blvd

Public county record property details
Beds
4
Baths
2
Year built
1949
Sq. Ft.
1,873
Lot Size
5,053
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
324,325
APN
6351-018-023

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$581
Total Inventory
20
Median Sale to List Price %
92.16%
Avg Days on Market
36
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.