145 W 66th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$899,000
145 W 66th Street, Los Angeles, California 90003
0Bed
0Bath
2,061Sqft
6,603Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: The property is a duplex explicitly marketed as a 'Prime Income Opportunity,' offering versatility for owner-occupancy with rental income or leasing both units for maximum cash flow.
Top Cons:
Advanced Age of Construction: Built in 1925, the property is nearly a century old, which may indicate a need for significant updates to core systems (plumbing, electrical, HVAC) and general modernization.
Compared to the nearby listings
Price:$899.0K vs avg $750.0K (+$149,000)81%
Size:2,061 sqft vs avg 1,902.5 sqft57%
Price/sqft:$436 vs avg $37569%
More Insights
Built in 1925 (100 years old).
Condition: Built in 1925, this property is nearly a century old. While some areas like the kitchen (dark cabinets, black sink) and certain flooring (wood-look laminate/tile) appear to have been updated, the bathrooms are notably dated, with one featuring a basic pedestal sink and older tiles, and the other a functional but unmodernized vanity and tiled shower surround. There's no indication of recent extensive renovations to major systems (electrical, plumbing, HVAC). The property appears maintained and livable, but its age and the mix of updated and outdated features suggest it requires minor updates and modernization to meet current standards, aligning with a 'Fair' condition.
Year Built
1925
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
WS25254880
Home ConditionFair
Features
View-
About this home
Prime Income Opportunity in the Heart of Los Angeles! Perfect of Investors or owner-occupants, this beautiful duplex offers exceptional versatility an Income potential. Live in one unit and rent the other, or lease both for maximum cash flow. Each unit features its own private yard and dedicated parking spaces, providing added privacy and convenience for tenants. Located in a highly desirable area of Los Angeles, this property is a smart addition to any real estate portfolio. The rear unit is currently lease at $2,200/month through December, providing immediate rental income. The front unit will be delivered vacant, offering flexibility for owner occupancy or additional rental potential.
Price History
Date
Event
Price
02/24/00
Sold
$190,000
Condition Rating
Fair
Built in 1925, this property is nearly a century old. While some areas like the kitchen (dark cabinets, black sink) and certain flooring (wood-look laminate/tile) appear to have been updated, the bathrooms are notably dated, with one featuring a basic pedestal sink and older tiles, and the other a functional but unmodernized vanity and tiled shower surround. There's no indication of recent extensive renovations to major systems (electrical, plumbing, HVAC). The property appears maintained and livable, but its age and the mix of updated and outdated features suggest it requires minor updates and modernization to meet current standards, aligning with a 'Fair' condition.
Pros & Cons
Pros
Strong Income Potential: The property is a duplex explicitly marketed as a 'Prime Income Opportunity,' offering versatility for owner-occupancy with rental income or leasing both units for maximum cash flow.
Immediate Rental Income: The rear unit is currently leased at $2,200/month through December, providing instant and guaranteed rental income from day one of ownership.
Flexible Occupancy Options: The front unit will be delivered vacant, offering immediate flexibility for a new owner to either occupy it themselves or lease it out for additional income.
Private Unit Amenities: Each unit benefits from its own private yard and dedicated parking spaces, significantly enhancing tenant appeal, privacy, and convenience.
Desirable Los Angeles Location: Located in a 'highly desirable area of Los Angeles,' suggesting strong rental demand, potential for property value appreciation, and access to urban amenities.
Cons
Advanced Age of Construction: Built in 1925, the property is nearly a century old, which may indicate a need for significant updates to core systems (plumbing, electrical, HVAC) and general modernization.
Potential for Deferred Maintenance/Renovation: The description does not specify any recent renovations or upgrades, suggesting a new owner might need to invest in modernization or address deferred maintenance to optimize rental value or living standards.
Lack of Specific View: The property explicitly states 'None' for a view, which could be a minor detractor for some buyers who prioritize scenic outlooks or enhanced aesthetic appeal.