932 West 66th Street
932 West 66th Street
Los Angeles, CA 90044
$2,350,000
Price
12
Beds
12
Baths
6,207 Sq. Ft.
$379 / Sq. Ft.
6,207
Sq. Ft.
$379
per Sq. Ft.
Description
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...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 • DRE #01941825 • Brokerage DRE #01941825 • Four Brothers Real Estate • 949-413-7911
Property Details for 932 West 66th Street
Architectural Style
Contemporary
ViewNeighborhood
Parking Spaces Total8
Private PoolNo
Cooling TypeCentral Forced Air
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Location
Listing Courtesy of Four Brothers Real Estate, Drew Dunn, DRE #01941825
Add your commute
LISTING UPDATED: 03/25/2024 10:25 PM
Property Details for 932 West 66th Street
| Status | Active |
|---|---|
| MLS # | OC24028496 |
| Days on Market | 75 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 0.16 AC / 7,150 SF |
| County | Los Angeles County |
Location
Listing Courtesy of Four Brothers Real Estate, Drew Dunn, DRE #01941825
Add your commute
Building Information for 932 West 66th Street
Stories2Residences-Year Built2024Building Size-Lot Size0.16 AC / 7,150 SF
Payment Calculator
$13,447 per month
30 year fixed, 7.25% Interest
Principal and Interest
$12,825
Property Taxes
$622
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 932 West 66th Street
Rental Info
Rental Info
- Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
- Gross Income: $199,200
- Gross Scheduled Income: $199,200
- Vacancy Allowance Rate: 4
- Gross Operating Income: $175,104
- Net Operating Income: $155,715
- Gross Multiplier: 11.8
- Cap Rate: 6.63
Expense Details
- Operating Expense: $35,517
- New Taxes Expense: $27,389
- Gardener Expense: $1,200
- Insurance Expense: $3,104
- Maintenance Expense: $1,912
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $37,848
Tax / Assessment Info
- Tax Tract: SOUTH VERMONT AVENUE TRA
- Tax Tract Number: 0
- Tax Census Tract: 2383.10
- CFD/Mello-Roos Fee: $0
- Tax Lot: 111
Community / Development
Community / Development
- Accessibility Features: None
- Disability Access: None
- Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Tankless Water Heater, Vented Exhaust Fan
- Equipment: Dishwasher, Gas Dryer Hookup, Vented Exhaust Fan, Washer Hookup
- Interior Features: Granite Counters, Open Floorplan, Recessed Lighting, Storage, Tandem, Unfurnished
- Room Type: Entry, Family Room, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom
- Bedroom Features: Main Floor Bedroom, Multi-Level Bedroom
- Water Heater Features: Tankless
- Water Heater Type: Tankless
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Flooring: Wood
- Virtual Tour URL Branded: https://govirtuality.com/tour/932s66thstla/
- Virtual Tour URL Unbranded: https://govirtuality.com/tour/932s66thstla/
Exterior Features
- 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)
- Security: Gated Community
- Construction Materials: Aluminum Siding, Concrete, Drywall Walls, Plaster, Wood Siding
- Exterior Construction: Concrete, Plaster, Wood Siding
- Exterior: Wood
- Exterior Features: Lighting, Rain Gutters
- Roof: Composition
- Entry Location: Ground Floor
- Fence: Yes
- Fence: Wood, Wrought Iron
- Fencing: Wood, Wrought Iron
- Foundation Details: Slab
- Property Condition: Updated/Remodeled
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
Land/Lot Info
- Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Lawn
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Gravel, Paved
- Road Frontage Type: City Street
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
- Electric: Standard
- Water Source: Public
Parking Info
- Garage Spaces: 2
- Parking: Yes
- Parking Garage: Assigned, Driveway, Garage, Garage - 1 Car, Garage - 2 Car, Gated, Private, Side By Side
- Uncovered Spaces: 6
- Open Other Spaces Total: 6
- Parking Garage Spaces: 2
- Carport Spaces: 0
- 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
Unit Information
Unit 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 4150
- Unit Type Type: 1
Unit 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 4150
- Unit Type Type: 2
Unit 3
- Unit Type Units Total: 2
- Unit Type Beds Total: 4
- Unit Type Baths Total: 3
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 4150
- Unit Type Type: 3
Unit Information
- Number Of Units Leased: 0
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
- Number With Dishwasher: 4
- Number With Range: 4
- Number With Refrigerator: 4
Property History for 932 West 66th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 932 West 66th Street
Taxable ValueLand$477,864Additions$119,517Total$597,381
Tax Record2023$7,466 ($622 / month)
Home Facts
Beds2Total Finished SqFt984 SqFtAbove Grade Finished SqFt984 SqFtStories1Lot Size7,150 SqFtStyleSingle Family ResidenceYear Built1921ZoningLARD1.5CountyLOS ANGELESAPN6013-009-024
Schools near 932 West 66th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
John Muir Middle School Public6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Four Brothers Real Estate, Drew Dunn, DRE #01941825
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.