• 932 W 66th Street Los Angeles, CA 90044

  • $2,350,000
  • 12
    Bed(s)
  • 8
    Baths
  • 6,207
    Sq Ft
  • 7150
    Sqft
  • Listed By: Drew Dunn, Four Brothers Real Estate, DRE #01941825
  • Source: CRMLS

This new construction green-certified QUADPLEX is located in the bustling city of Los Angeles! Each of the four units features 4 bedrooms. Two of these units comprise 2.5 bathrooms each, while the other two consist of three bathrooms each, resulting in a combined total of 16 bedrooms and 11 bathrooms. Don't miss out on this extraordinary opportunity! This deal offers unparalleled luxury with high-end finishes and exceptional construction quality, all backed by an incredible 6.63% cap rate. The bedrooms are well-sized with ample closet space as well as bathrooms featuring sleek designs and top-quality fixtures. The open floor plans include a living room, dining area, and a gourmet kitchen with stainless steel appliances and quartz countertops. The property also features a private yard, in-unit laundry, and central HVAC. Each unit is separately metered, which means that the landlord does not have to cover any of the utility expenses. In addition, this opportunity also offers has a value-add component allowing the future owner to convert the two car garage into an ADU (accessory dwelling unit). This would provide the potential for additional income or a separate living space for a family member or tenant. The ADU could be customized to fit your specific needs and can include features such as a kitchen, bathroom, and living area. This unique feature of the property offers endless possibilities and could provide a great return on investment. The property is sold with a 1-year builder warranty, which provides additional peace of mind for the buyer. This property offers a unique blend of modern amenities, cost-saving features, and income potential, making it an ideal choice for any savvy investor looking to capitalize on the thriving Los Angeles rental market. The property's prime location also adds to its appeal, providing easy access to major roads and freeways, as well as public transportation, making it a highly desirable location for tenants. The bus line is just 250 feet away, while your nearest Starbucks is a convenient 2 miles. SoFi Stadium and the USC campus are within a 3-mile distance, and the Crypto Arena is only 5 miles away. Experience the advantages of earning positive cash flow, enjoying accelerated tax benefits through new construction, benefiting from low maintenance costs, and witnessing appreciation in one of the most robust historical markets in Los Angeles.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1060259774 3 4 3 0
2 1060259774 3 4 2 1
3 1060259774 3 4 2 1

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

Exterior Property Features : Lighting,Rain Gutters

Interior Features: Granite Counters,Open Floorplan,Recessed Lighting,Storage,Tandem,Unfurnished,Bedroom on Main Level,Primary Suite

Windows: Blinds,Double Pane Windows

Property Appliances: Dishwasher,ENERGY STAR Qualified Appliances,Gas Cooktop,Disposal,Gas Oven,Gas Range,Range Hood,Tankless Water Heater,Vented Exhaust Fan

Fireplace: None

Flooring: Wood

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Energy

Green Energy: Appliances

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 2024

Building Area Total: 6,207

Construction: Aluminum Siding,Drywall,Concrete,Plaster,Wood Siding

Roof: Composition

Exterior Features

Lighting,Rain Gutters

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Gated Community,Smoke Detector(s)

Accessibility Features

None

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup

Fencing

Wood,Wrought Iron

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1641

Lot Size Source: Assessor

Lot Size Square Feet: 7150

Listing Price Information

Original List Price: 2,350,000

Listing Contract Date: 2024-02-09

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6013009024

Garage and Parking

Garage Description: Attached Carport,Assigned,Concrete,Covered,Door-Multi,Driveway Level,Door-Single,Driveway,Garage,Gated,On Site,Private,Garage Faces Rear,Side By Side,Tandem

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: All Utilities

Other Property Info

Source Listing Status: Active

Source Neighborhood: C34 - Los Angeles Southwest

Postal Code Plus 4: 6024

Directions: Vermont and 66th st

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C34 - Los Angeles Southwest

Property SubType: Quadruplex

Building and Construction

Property Age: 0

Common Walls: 1 Common Wall

Property Condition: Updated/Remodeled

Structure Type: Quadruplex

Year Built Source: Builder

Entry Level: 1

Entry Location: Ground Floor

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1031 W Century Boulevard, Los Angeles, CA,90044 $699,000 6 -- 1,760 5000 Sqft
936 W 78th Street, Los Angeles, CA,90044 $950,000 5 3 2,000 5720 Sqft
1002 W 124th Street, Los Angeles, CA,90044 $675,000 3 2 1,674 5353 Sqft
10310 Vermont, Los Angeles, CA,90044 $255,000 -- -- -- 2513 Sqft
606 W 78th Street, Los Angeles, CA,90044 $674,888 5 1 1,672 7150 Sqft
661 W 65th Street, Los Angeles, CA,90044 $450,000 -- -- -- 4050 Sqft
7014 S Vermont Avenue, Los Angeles, CA,90044 $1,500,000 -- -- 3,313 5489 Sqft
820 822 W 61st Street, Los Angeles, CA,90044 $670,000 3 2 1,764 5852 Sqft
717 W 77th Street, Los Angeles, CA,90044 $999,000 5 5 3,651 7000 Sqft
949 W 65th Street, Los Angeles, CA,90044 $1,299,999 -- -- -- 7500 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/22/2024 @ 11:52

MLS: OC24028496
LISTED BY: Drew Dunn, Four Brothers Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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