244 - 246 W 66th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
244 - 246 W 66th Street
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 244 - 246 W 66th Street, Los Angeles, California 90003 is currently available with a list price of $520,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
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age and 'as-is' condition, strongly suggests that the kitchens, bathrooms, and other major systems are significantly outdated and require substantial repairs and rehabilitation to meet current standards and tenant expectations.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.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
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.
- Prime Los Angeles Location
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.
- Development Potential
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.
CONSRISKS & DEFICIENCIES
- As-Is Condition
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.
- Age of Property
Built in 1924, the property is nearly a century old, suggesting potential for outdated systems, deferred maintenance, or the need for substantial modernization to meet contemporary standards and tenant expectations.
- Restricted Access for Showings
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.
About 244 - 246 W 66th Street
Welcome to this great investment opportunity. 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 plus bonus studio. 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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1924
- Lot Size
- 5,130 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 | 1,860 | 1,888 | 46% |
| Lot Size | 5,130 | 5,202 | 38% |
| Price | $520.0K | $755.0K | 23% |
| Price per sq ft | $280 | $360 | 26% |
| Built year | 1924 | 1923 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 526 | 204 | 0% |
Pricing History
Listed for Sale
Jan 9, 2026
$520,000
$499,999
+4% Price Increase
Initial Listing
Price Change
Sep 25, 2025
$499,999
Initial Listing
Price Change
Sep 26, 2024
$660,000
Initial Listing