John E Burge

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244 - 246 W 66th StreetLos Angeles, CA 90003

Multi-Family · 1,860 Sq. ft. | 0.12 Acres
$650,000 Active

244 - 246 W 66th Street Overview

Time on Site:
642 days
Visits:
0

Welcome to this great investment opportunity or rent one and live in the other. 244 and 246 W 66th St. is great income producing duplex. Add this gem to your real estate portfolio and see all the possibilities for even bigger returns on your investment. Centered in the heart of the city of Los Angeles, it's close to all the amenities LA has to offer. Just minutes away from the prestigious USC, as well as LA's favorite soccer team LAFC's BMO Stadium, LA coliseum and of curse LA Live with all its restaurants and entertainment including the home of The Lakers, Crypto.com Arena. Also minutes away from SoFi Stadium, YouTube theater, Intuit dome and much, much more. Live in one and rent the other or add both units to your portfolio. Large front unit is 5 beds and 2 baths, Rear unit is 1 bed one bath. Very large lot with alley access in rear and side, perfect for building new units, Solar panels and 2 drive ways, one for each unit. Sold as is. Do not disturb tenants. Do not walk the property without appointment. Outline on photos are estimated for visual purposes only.

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244 - 246 W 66th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,860
  • Price/Sq.ft. $349
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 38712.0
  • Gross Scheduled Income: 38712.0
  • Insurance Expense: 1500.0
  • Net Operating Income: 37512.0
  • Operating Expense: 1200.0
  • Trash Expense: 1200.0
  • Water Sewer Expense: 4800.0

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C34 - Los Angeles Southwest
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Exclusions: All personal property
  • Listing Terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,Submit
  • Parcel Number: 6012002011
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR2

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 1860.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: street
  • Laundry Features: None
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Assessor
  • Lot Features: 0-1 Unit/Acre,Front Yard
  • Lot Size Acres: 0.1178
  • Lot Size Area: 5130.0
  • Lot Size Dimensions: 114 x 45
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5130.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 2
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

244 - 246 W 66th Street Neighborhood

Community

90003 (Los Angeles) Demographics

29
Median Age
20,870
Population Density (per sq. mile)
10%
College Educated
$42,220
Estimated Median Income
4,717
Estimated Total Home Owners
12,825
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

244 - 246 W 66th Street Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

244 - 246 W 66th Street Market Data

Based on the last 30 days in this zip code

$629,258
Average List Price
$499
Average Price per Square Foot
19
Properties Sold
133
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

244 - 246 W 66th Street History

Date Event Value Agent
5/1/2026Source: CRMLS Price Increase
$650,000 25.0%
1/8/2026Source: CRMLS Price Increase
$520,000 4.0%
6/6/2025Source: CRMLS Price Reduction
$499,999 -7.4%
5/20/2025Source: CRMLS Status Change
Active
5/9/2025Source: CRMLS Status Change
Pending
4/29/2025Source: CRMLS Price Reduction
$540,000 -8.5%
3/12/2025Source: CRMLS Price Reduction
$590,000 -7.8%
1/19/2025Source: CRMLS Price Reduction
$640,000 -3.0%
10/18/2024Source: CRMLS Status Change
Active
10/2/2024Source: CRMLS Status Change
Active Under Contract
9/26/2024Source: CRMLS Added to Database
September 26, 2024
Listing provided courtesy of EXCELLENCE RE REAL ESTATEPABLO RAMIREZ- MLS# MB24199978MLS ProviderContact Information: [email protected] - 562-948-4553
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