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6554 East Olympic Boulevard

6554 East Olympic Boulevard, Los Angeles, CA 90022
Property in East Los Angeles
Sold Aug 02, 2019
$600,000
$589,132 by Arcstone Financial Inc
Mortgage Due Aug 01, 2049
6554 East Olympic Boulevard in Los Angeles, CA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 6554 East Olympic Boulevard has 1,661 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,952 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6554 East Olympic Boulevard sold most recently in Jul 26, 2019 for a total of $600,000. If you work out the math, that's approximately a cost of $361.23 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,344 in taxes each year. The initial year of tax delinquency occurred in 2019. 6554 East Olympic Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $630,705. If we break it down further, the land itself was valued at $441,494. Improvements to the property, however, were assessed at a total of $189,211. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,952
  • Total Building Area: 1,661
  • Building Area: 1,661
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,661
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8649
  • Land Acres: 0.114
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 8649 LOTS 416 AND LOT/SEC 417

Ownership

  • Current Owner : GARCIA ARTURO PINEDO
  • Current Owner 2: MOSQUEDA MICAELA RAZO
  • Previous Owner : AGUILERA RODRIGO QUINTANA
  • Previous Owner 2: AGUILERA LUPE VEGA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 531902

Zoning

  • Zoning: LCR3YY

Geography

  • Assessors Map Reference: 54-B1
  • Subdivision Tract Number: 8649
  • Parcel: 6351-017-019
  • Lot: 416
  • Municipality: EAST /MONTEBELLO
  • Latitude: 34.0114
  • Longitude: -118.132

    Address

  • Full Address: 6554 E Olympic Blvd
  • Address - House Number: 6554
  • Street Direction: E
  • Address - Street Name: Olympic
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C068
  • 4-Digit Zip Code: 5451
  • Zip Code: 90022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,344
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 06-484

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 764,619
  • High Value: 937,009
  • Low Value: 592,229

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $589,132
  • First Open Lien Mortgage Lender: ARCSTONE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Aug 02, 2019
  • First Open Lien Mortgage Loan Amount: $589,132
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $630,705
  • Assessed Land Value: $441,494
  • Assessed Improvements Value: $189,211

    Sales

  • Current Sale Contract Date: Jul 26, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Transaction ID: 11628527094
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0769897

    Last Sale Mortgage

  • First Mortgage Lender: ARCSTONE FINANCIAL INC
  • First Mortgage Transaction Date: Aug 02, 2019
  • First Mortgage Loan Amount: $589,132
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

About East Los Angeles



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 6554 East Olympic Boulevard located in?
The 6554 East Olympic Boulevard is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
What is the average sales price for listings in 6554 East Olympic Boulevard?
The average sales price for units in 6554 East Olympic Boulevard is $0 currently.

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