1560 E 66th Street, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath
1560 E 66th Street
Los Angeles, California 90001
Property Price
SUMMARY
Analysis of 1560 E 66th Street, Los Angeles, California 90001 is currently available with a list price of $1,132,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1924, has undergone significant recent renovations in 3 out of 4 units. These remodeled units feature modern kitchens with white shaker cabinets, new countertops, and new appliances (as per description), along with updated bathrooms and new wood-look laminate flooring. While the exterior shows its age and one unit is not remodeled, the majority of the living spaces are move-in ready and reflect recent updates, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- High & Stable Income
The property generates a substantial actual monthly income of $9,611 ($115,332 annually), making it a strong income-producing asset and a fantastic investment opportunity.
- Diverse & Reliable Tenant Base
With a mix of Section 8 and traditional renters, all described as 'fantastic tenants' who are 'always on time with their payments,' the property boasts a stable and reliable income stream.
- Individualized Units & Amenities
Comprising three separate and individually gated buildings, each unit benefits from its own driveway, gas meter, water heater, laundry hook-up, porch, and patio, enhancing tenant appeal and operational independence.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1924, the property's age suggests potential for aging infrastructure, including plumbing, electrical, and roofing systems, which could lead to higher long-term maintenance and repair costs.
- Inconsistent Unit Condition
While three units are remodeled, one unit is not, which may require future capital investment to bring it to the same updated standard as the others, potentially impacting rental income or tenant satisfaction for that specific unit.
- Significant Price Appreciation Since Last Sale
The current list price of $1.132M represents a substantial increase from its last sale price of $915,000 in 2022, which may warrant careful consideration regarding current market valuation and future appreciation potential for a new buyer.
About 1560 E 66th Street
CURRENT ACTUAL monthly income is $9611 or $115,332 annually. Two units being section 8 Income and two unit are traditional renter and all tenants are fantastic tenants and always on time with their payments; making this a fantastic QUAD Investment opportunity, THREE SEPARATE AND INDIVIDUALLY GATED BUILDINGS with its own DRIVEWAYS. The main home is a duplex and it has both a backyard with two sheds for storage and laundry area and a front yard with a shared driveway. Each home has its own gas meter, water heater, laundry hook up, and their own porch & patio. Also, 3 out of 4 units are REMODELED units with new appliances... Two units have 2 bedroom 1 bath & two units have 1 bedroom 1 bath. Rents are $2770/ #2700 /$2163/ $1978. Total current monthly income comes to $9611 or $115,332 annually.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 8,824 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,569 | 1,634 | 73% |
| Lot Size | 8,824 | 5,099 | 87% |
| Price | $1.13M | $720.0K | 80% |
| Price per sq ft | $441 | $396 | 53% |
| Built year | 1924 | 1945 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 409 | 198 | 93% |
Pricing History
Listed for Sale
Sep 26, 2025
$1,132,000
Initial Listing
Price Change
Jan 21, 2025
$1,199,000
Initial Listing
Sold
Sep 15, 2022
$915,000
Public Record