126 W 66th, Los Angeles, CA 90003

$1,199,997

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Listing courtesy of Listing Agent: Willie Wheaton (info@willwheatonrealestate.com) from Listing Office: Will Wheaton Real Estate.

List Price
$1,199,997
Status
ACTIVE
Days on Market
172
MLS#
SR26058163
Subtype
Residential Income
Year Built
2009
Lot Size
6,620
Acres
0.15
MLS Area Major
Metropolitan South (C37)

Property 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.

Additional Information

Stories
One Level
Levels
One
Pool Type
None
Garage Spaces
4

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.