836 W 66th ST, Los Angeles, CA 90044
836 W 66th ST, Los Angeles, CA 90044
836 W 66th ST, Los Angeles, CA 90044
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Veronica Sigala

Veronica Sigala

+1(949) 933-4137
$1,000,000
Est. payment /mo
7,152 Sqft Lot
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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26235677

HOA Y/N No

Year Built 1923

Lot Size 7,152 Sqft

Property Sub-Type Apartment

Property Description

We are pleased to present 836 W 66th St, an 11 unit apartment building in South Los Angeles just minutes from the 110 Harbor Freeway. Built in 1923, the property has an efficient unit mix of (8) single and (3) 1 bed / 1 bath units across 3,534 square feet. It sits on a generous 7,150 square foot lot zoned LA RD2. 836 W 66th St is a true value-add opportunity, with pro forma rents approximately 64% above current in-place rents. Two units, a single and a 1 bed / 1 bath, will be delivered vacant, so a new owner can lease at market and capture upside on day one. The occupied units, including a HACLA-supported tenancy, provide a dependable base of in-place income while the rest of the upside is captured as tenancies turn. The property sits in one of Los Angeles' most renter-dense submarkets, where a deep and consistent tenant base keeps demand and occupancy steady. The 110 Harbor Freeway gives tenants direct access to USC, Exposition Park, and Downtown LA, three of the region's major employment, education, and entertainment hubs. Nearby Metro J Line stations along the 110 connect residents to Downtown LA and the South Bay, which supports the car-optional lifestyle many renters in the area depend on. With its central location, efficient floor plans, and substantial rental upside, this is a compelling chance to
own a long-term value-add asset in one of LA's most consistent rental markets.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6013010030

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737

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