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$ 1,199,997
Est. payment /mo
Active
126 W 66th Los Angeles, CA 90003
8 Beds
4 Baths
6,620 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26058163
Bedrooms 8
Lot Size 6,620 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
VALUE-ADD DUPLEX | TWO 4-BEDROOM UNITS | NEWER CONSTRUCTION | ONE OF 7 PROPERTIES | CASH BUYER OPPORTUNITY Looking for a Los Angeles investment you can buy, improve, hold, and grow with over time? 126 W 66th St is a well-maintained duplex offering the combination investors love: large units, newer construction, strong rental appeal, and room to increase income. Built in 2009, this property features two spacious 4-bedroom, 2-bathroom unitsa hard-to-find configuration that gives you a rental product designed for larger households, multigenerational living, and roommate-style tenants. Bigger units can also provide an opportunity for stronger rental income than the typical smaller multifamily units found throughout the area. Each unit offers a practical layout, generous living space, and private garage parking, creating the kind of everyday convenience that helps attract and retain tenants. With 2009 construction, the property also benefits from newer building systems compared with many older Los Angeles multifamily assets, potentially reducing some of the maintenance and capital-expense concerns that come with aging properties. The value-add story is where this gets interesting. If current rents are below market, a new owner may have an opportunity to increase income as units turn over and are repositioned. That potential rent growth can make this an appealing long-term buy-and-hold strategy for a cash investor focused on building equity and positioning for future appreciation. Even better, 126 W 66th St is one of seven properties being offered as a package. For investors read
Location
State CA
County Los Angeles
Zoning Assessor
Direction Main To 66th Head East Property is on your right
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6012002036
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://youtu.be/mEo4sO1Upl4
Listed by Willie Wheaton, DRE#01857540 Will Wheaton Real Estate