932 W 66Th Street

Los Angeles, CA 90044

PRICE REDUCED

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-$200,000 (-7.84%)

$2,350,000

List Price

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2024

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Property 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 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.

Listing Information

List Price $2,350,000
Status Active
MLS OC24028496
Type Residential Income
Subtype Quadruplex
Year Built 2024
Lot Size 7,150
Structure Size N/A
DOM 165
Courtesy Of Four Brothers Real Estate, Inc.
Listing Agent Drew Dunn DRE#01941825

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Bedroom Information
Features Multi-Level Bedroom, Bedroom on Main Level
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Wood
Fireplace Information
Features None
Additional Information
Additional Features Granite Counters, Open Floorplan, Recessed Lighting, Storage, Tandem, Unfurnished, Bedroom on Main Level, Primary Suite
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Drew Dunn, Four Brothers Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 28th, 2024 at 12:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.