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154 W 66Th St, Los Angeles, CA 90003
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154 W 66Th St Los Angeles, CA 90003

$550,000 Sold Price as of 06/20/2023
  • 3 Beds
  • 0 Baths
  • 1,464 Sq.Ft.
Sold
$550,000 Sold Price as of 06/20/2023 Refinance Your Mortgage
Map preview of 154 W 66Th St, Los Angeles, CA 90003

Property Overview: 154 W 66Th St Los Angeles, CA has 3 bedrooms, -- bathrooms, 1,464 living square feet and 6,618 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 154 W 66th a 3 unit multifamily property in South Los Angeles to market. 66th St. consists of three one bedroom units made up of a duplex facing 66th St. and a stand alone bungalow that faces 67th St. The property sits on a massive 6,618 square foot lot that is zoned R2, with potential to o add a two story (one per level) ADU in between the two properties approximately 775 SF each(buyer to verify). Per the Los Angeles Assessor the stand alone bungalow is 288 SF - the actual livable square footage is actually much larger - the structure is about 384 SF (buyer to verify. With a rare low cost basis of $550,000 with substantial upside in tents and ability to add two ADU's, 66th St. presents a compelling opportunity for an aggressive value-add investor.

Listed by Jackson Jorgensen | BRE #02022727 | Younglewin Advisors, Inc.
Last checked: 8 minutes ago | Last updated: June 20th, 2023 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
6,618
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
PW23032484
City
Los Angeles
County
Los Angeles
Time on Site
580 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.09
  • Gross Scheduled Income: $34,800
  • Net Operating Income: $18,381
  • Gross Operating Income: $33,756
Annual Expense Breakdown
  • Total Operating Expense: $15,375
  • Electric: $50
  • Gas/Fuel: $200
  • Trash: $1,300
  • Insurance: $1,200
  • Water/Sewer: $1,200

Property Details for 154 W 66Th St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6012002045
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Broadway
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 154 W 66Th St

Last sold for $550,000 on June 20th, 2023

  • June, 2023

  • Jun 20, 2023

    Date

    Sold

    CRMLS: PW23032484

    $550,000

    Price

  • Feb 25, 2023

    Date

    Active

    CRMLS: PW23032484

    $550,000

    Price

  • May, 2017

  • May 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $343,000

    Price

Show More

Tax History for 154 W 66Th St

Assessed Value (2020): $127,837
Year Land Value Improved Value Assessed Value
2020 $73,864 $53,973 $127,837

Home Value Compared to the Market

This property vs the competition

154 W 66Th St sold on June 20, 2023 for 50.89% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $375.68 per/sqft which puts the price per square foot 48.11% lower than the current median sale per square foot for the city of Los Angeles.

About 154 W 66Th St

Detailed summary of property

154 W 66Th St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 3 bedrooms, -- bathrooms, roughly 1,464 living square feet, and sits on an approximately 6,618 square foot lot. 154 W 66Th St was first listed on ArdentRealEstateGroup.com on February 26, 2023. The homeowner sold the property for $550,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.89% lower than the current median priced home. Local homes that are currently for sale include 110 W 48th St, 1122 E 67th St and 8319 S Hoover St. While the average home in Los Angeles, CA is selling in 106 days, 154 W 66Th St has a days on market of 83 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 154 W 66Th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 154 W 66Th St

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
1,464
Lot Size
6,618
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
6012-002-045

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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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.

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