126 W 66th,Los Angeles, CA 90003
Los Angeles, CA 90003
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 units-a 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 ready to move beyond a single property, the package provides an opportunity to acquire multiple assets and build a larger Los Angeles rental portfolio in one transaction. Located in Los Angeles with access to major transportation routes, shopping, employment centers, and surrounding neighborhoods, this duplex offers a practical combination of current rental utility and long-term investment potential. 2 Units | 2 x 4-Bedroom/2-Bathroom | Built 2009 | Large Unit Sizes | Private Garage Parking | Newer Construction | Value-Add Potential | Rental Upside | Buy & Hold Opportunity | One of 7 Properties in Package Cash buyers, this one is worth a closer look. If your strategy is to acquire real estate, create additional rental income, hold for the long term, and position yourself for potential appreciation, this duplex gives you a strong starting point.
Details
| MLS # | SR26058163 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 220 |
| Listing Provided By | Will Wheaton Real Estate | Willie Wheaton |
Features
| SQ Feet | 2,790 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.15 |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $1,199,997 low | high Med: $695,000 sqft: 2,790 low | high Med: 1,324 $ / sqft: $430 low | high Med: $540 On site: 220 low | high Med: 69.5 | |
Market Activity 90003
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $1,199,997 low | high Med: $695,000 sqft: 2,790 low | high Med: 1,324 $ / sqft: $430 low | high Med: $540 On site: 220 low | high Med: 69.5 | |
 | $1,100,000229 W 70thLos Angeles, CA 90003 |