Est. cap rate

1.7%

Assumed rent, all units

$3,440/mo

Units

2

Price per unit

$599,999

Est. annual NOI

$20,640

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,790 sqft

Lot size

6,620 sqft

Year built

2009

Stories

1

Garage spaces

4

Pool

None

Status

Active

Days on market

176

MLS #

239928757

About this property

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.

Location

126 W 66th

Los Angeles, Los Angeles, CA, 90003