244 - 246 W 66th Street, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Income-Producing Duplex Asset is listed at $520,000, offering a stable acquisition at its $520,000 Fair Market Value. Carrying a Condition Rating of 5, this 1924 build requires a comprehensive renovation to unlock its full potential. The property features a rare 5-bedroom front unit, a rear unit with a studio, Solar Panels, and Distant DTLA Views. With a Deck and Patio and a Large Lot with Alley Access near USC in the Los Angeles Unified district, it provides significant development upside. This is a strategic play for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 244 - 246 W 66th Street Subject | $650,000* List Price | 0 | 0 | 1,860 | $329 | - |
A 447 W 67th Sold | $524,995 | 0 | 0 | 2,112 | $249 | 0.2 mi |
B 138 W Gage Avenue Sold | $755,000 | 0 | 0 | 1,680 | $449 | 0.2 mi |
C 506 E 62nd Street Active | $700,000 List Price | 0 | 0 | 1,966 | $356 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and explicitly stated as 'sold as is,' this property is nearly 100 years old with no indication of recent extensive renovations. While solar panels are a modern addition, the lack of interior images, combined with the age and 'as-is' condition, strongly suggests that the kitchens, bathrooms, and other major systems are significantly outdated and require substantial repairs and rehabilitation to meet current standards and tenant expectations. The exterior also shows signs of age and general wear.
The property is explicitly marketed as an 'income producing duplex' with a flexible setup, allowing for owner-occupancy in one unit while renting the other, or renting both units for maximum investment return.
Situated 'in the heart of the city of Los Angeles,' the property boasts proximity to major attractions, educational institutions like USC, and entertainment venues such as BMO Stadium, LA Coliseum, Crypto.com Arena, SoFi Stadium, and LA Live, enhancing rental demand and property value.
Featuring a 'very large lot with alley access in rear and side,' the property offers significant potential for future expansion or the construction of additional units, providing substantial long-term value appreciation.
The property is being sold 'as is,' indicating that the buyer will be responsible for any necessary repairs, renovations, or upgrades, which could entail significant additional investment.
Built in 1924, the property is nearly a century old, suggesting potential for outdated systems, deferred maintenance, or the need for substantial modernization to meet contemporary standards and tenant expectations.
The instruction 'Do not disturb tenants. Do not walk the property without appointment' indicates that the property is tenant-occupied, which can complicate and limit access for showings, inspections, and due diligence for prospective buyers.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,860 | 2,304 | 35% |
| Lot Size | 5,130 | 5,206 | 38% |
| Price | $650.0K | $760.0K | 24% |
| Price per sq ft | $349 | $356 | 49% |
| Built year | 1924 | 1927 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 627 | 206 | 0% |
May 4, 2026
$650,000
$520,000
+25% Price Increase
Initial Listing
Jan 9, 2026
$520,000
$499,999
+4% Price Increase
Initial Listing
Sep 25, 2025
$499,999
Initial Listing
Sep 26, 2024
$660,000
Initial Listing