932 W 66th Street Los Angeles, CA $ 2,350,000
932 W 66th Street
$ 2,350,000
New Construction
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932 W 66th Street

Los Angeles, CA, 90044
$ 2,350,000
Bedrooms16 Baths7.2 Sq 6,207

Monthly Estimate*

$ 16,415

Listed by Four Brothers Real Estate
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Multi-Family Home for sale in Los Angeles, CA

for $2,350,000 with 16 bedrooms and 7 full baths, 2 half baths. This 6,207 square foot home was built in 2024 on a lot size of 0.1641.

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.

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Multi-Family Active

Price

$ 2,350,000

Bedrooms

16

Full Bath

7

Half Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.1641

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24028496

Days on Market

85

Features
General
Interior Features GraniteCounters OpenFloorplan RecessedLighting Storage Tandem Unfurnished BedroomonMainLevel PrimarySuite
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasAvailable SewerConnected WaterConnected
Roof Composition
Appliances Dishwasher ENERGYSTARQualifiedAppliances GasCooktop Disposal GasOven GasRange RangeHood TanklessWaterHeater VentedExhaustFan
Exterior Features Lighting RainGutters
Zoning LARD1.5
Garage Spaces 2.0
Architectural Style Contemporary
Pool Features None
Security Features CarbonMonoxideDetectors FireDetectionSystem FireSprinklerSystem GatedCommunity SmokeDetectors
Construction Materials AluminumSiding Drywall Concrete Plaster WoodSiding
Year Built 2024
Electric Standard
Tenant Pays AllUtilities
View Neighborhood
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 199200.0
Community Features Curbs Gutters StormDrains StreetLights Sidewalks Gated
Accessibility None
County Los Angeles
Net Operating Income 155715.0
Operating Expense 35517.0
Insurance Expense 3104.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Energy Efficient Appliances
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Vermont and 66th st
City Los Angeles
Entry Location Ground Floor
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 4
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 7150.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Number of Units Leased 0
Street Name 66th
Listing Terms Cash CashtoNewLoan Conventional Submit
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://govirtuality.com/tour/932s66thstla/ https://govirtuality.com/tour/932s66thstla/
Days on Market 41
Building Area Units SquareFeet
Standard Status Active
Year Built Source Builder
Tax Lot 111
Property Sub Type Additional Quadruplex
Taxes 27389.0
Cap Rate 6.63
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Interior
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds DoublePaneWindows
Fireplace Y/N N
Street Suffix Street
Laundry Features WasherHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Wood WroughtIron
Parking Features AttachedCarport Assigned Concrete Covered DoorMulti DrivewayLevel DoorSingle Driveway Garage Gated OnSite Private GarageFacesRear SideBySide Tandem
Lot Features Item01UnitAcre FrontYard Garden Lawn Landscaped
Water Source Public
Total Parking 8.0
Inclusions New Stainless Refrigerator Stove and dishwashers for all units
Lot Size Area 7150.0
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 6207.0
Lot Size Acres 0.1641
Road Surface Type Gravel Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 932
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* Excluded Features
List By
Four Brothers Real Estate

Broker

(949) 413-7911

Phone

Affordability Calculator

$16,415
Per Month
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Monthly Principal & Interest
$16,415
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$2,350,000 -7.84% Price Down
2/9/2024$2,550,000 Listed Price

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932 W 66th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $2,350,000 with 6,207 sqft and a lot size of 0.1641. 932 W 66th Street has 16 bedrooms, 7.2 baths, and was built in 2024. The property's zip code is 90044 which is in Los Angeles, CA