932 W 66Th St, Los Angeles, CA 90044
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932 W 66Th St Los Angeles, CA 90044

$2,350,000
  • 16 Beds
  • 11 Baths
  • 6,207 Sq.Ft.
For Sale
$2,350,000 Get Pre-Qualified

Map preview of 932 W 66Th St, Los Angeles, CA 90044

Property Overview: 932 W 66Th St Los Angeles, CA has 16 bedrooms, 11 bathrooms, 6,207 living square feet and 7,150 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: 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.

Listed by Drew Dunn | BRE #01941825 | Four Brothers Real Estate
Last checked: 3 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
7,150
HOA Dues
$0/mo
Year built
2024
Garage
2 Car
Property Type:
Fourplex
Status
Active
MLS#
OC24028496
City
Los Angeles
County
Los Angeles
Time on Site
84 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,150
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.63%
  • Gross Rent Multiplier: 11.8
  • Gross Scheduled Income: $199,200
  • Net Operating Income: $155,715
  • Gross Operating Income: $175,104
Annual Expense Breakdown
  • Total Operating Expense: $35,517
  • New Taxes: $27,389
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,104
  • Maintenance: $1,912
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 932 W 66Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Entry, Family Room, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Tankless Water Heater, Vented Exhaust Fan
Interior Features
  • Granite Counters, Open Floorplan, Recessed Lighting, Storage, Tandem, Unfurnished
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Lighting, Rain Gutters
  • Has Fence
  • Wood, Wrought Iron
  • 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: 8
  • Has Parking
  • Parking Features: Assigned, Attached Carport, Driveway, Concrete, Driveway Level, Garage, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Gated, On Site, Private, Side by Side, Tandem Covered
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6013009024
  • Year Built Source: Builder
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Offered With Property: New Stainless Refrigerator, Stove and dishwashers for all units
  • 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 Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Vermont and 66th st
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 932 W 66Th St

Last sold for $568,500 on April 7th, 2020
  • February, 2024

  • Feb 9, 2024

    Date

    Active

    CRMLS: OC24028496

    $2,550,000

    Price

  • April, 2020

  • Apr 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $568,500

    Price

  • December, 2009

  • Dec 16, 2009

    Date

    Sold (Public Records)

    Public Records

    $154,000

    Price

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Tax History for 932 W 66Th St

Assessed Value (2020): $181,754
Year Land Value Improved Value Assessed Value
2020 $145,407 $36,347 $181,754

Home Value Compared to the Market

This property vs the competition

932 W 66Th St is listed 91.84% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $378.6 per/sqft which puts the price per square foot 51.08% lower than the median price per square foot for the city of Los Angeles.

About 932 W 66Th St

Detailed summary of property

932 W 66Th St is a fourplex located in Los Angeles, CA 90044 and is currently for sale. This fourplex offers 16 bedrooms, 11 bathrooms, roughly 6,207 living square feet, and sits on an approximately 7,150 square foot lot. 932 W 66Th St was first listed on ArdentRealEstateGroup.com on February 9, 2024. The homeowner is currently asking $2,350,000 and was originally asking $2,550,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 91.84% higher than the median priced home. Local competing homes currently for sale include 1801 46th St, 3994 S La Salle Ave and 2900 W 54th St. While the average home in Los Angeles, CA is selling in 96 days, 932 W 66Th St has a days on market of 70 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 932 W 66Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 932 W 66Th St

Public county record property details
Beds
2
Baths
1
Year built
1921
Sq. Ft.
984
Lot Size
7,150
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
111
APN
6013-009-024

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,999
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
86
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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.