$1,899,000
NEW CONSTRUCTION $301K PRICE DROP

1521 E 66th St Los Angeles, CA 90001

Estimated payment $10,960/month

Total Views 68,589
15 Beds
8 Baths
4,000 Sq Ft
$475 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Laundry Room

About This Home

2025 NEW CONSTRUCTION with 2 UNITS NOW LEASED! (Unit 1) 4 Bed - 2 Bath Unit: $3,500. (Unit 2) 4 Bed - 2 Bath Unit: $3,500. 1521 E 66th Street is a 4-unit townhouse-style apartment building located in the ultra-hot Los Angeles neighborhood of Florence-Graham! Completed in 2025, this property is a two-story structure with a combined 4,000 SQFT of rentable space featuring a large 8-CAR GARAGE! The garage area is 1,494 SQFT, which can be converted into an ADU anytime! The units at this property are perfectly positioned for multi-generational families and work-from-home roommate environments. NON-RENT-CONTROLLED 4-units made up of (x3) 4 bedroom & 2 bathroom units and (x1) & a 3 bedroom & 2 bathroom unit.

Along with the potential for high returns, buyers will appreciate the benefits of tastefully designed drought-tolerant landscaping, a builder's warranty, minimal maintenance, and strong rental demand for years to come. Schedule a tour of this property today and experience the pinnacle of style and urban living in Los Angeles. It is conveniently located just minutes from Downtown Los Angeles, South Gate, Lynwood, Compton, and Rancho Dominguez. Commuters will enjoy easy access to the 105, 110, and 405 interstate freeways, connecting residents to job centers across Los Angeles and the South Bay area. This property is an excellent income-generating opportunity—step into immediate cash flow and consider adding it to your portfolio!

Listing Agent

Daniel Alvarez

American Team Properties Brokerage Phone: 213-995-6088 License #01186073 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,109

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,531 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 26 / A
  • Tax Tract Number 24
  • Assessor Parcel Number 6010028026
  • $1,087 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $710
  • Trash Expense $250
  • Water Sewer Expense $240
  • Operating Expense $1,200
  • Gross Income $7,000
  • Net Operating Income $12,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,109

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Jorge D Alvarez
  • Other Phone Number: 818-859-0286
  • Price Per Unit: 474750
  • Property Attached: Yes
  • Water Sewer Expenses: 240.00
  • Zoning: LCR3*
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6010028026
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 474.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6531.00
  • Lot Size Acres: 0.1499

Multi Family

  • Gross Income: 7000.00
  • Gross Scheduled Income: 13500.00
  • Insurance Expense: 710.00
  • Lot Size Area: 6531.0000 Square Feet
  • Net Operating Income: 12300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5330.01
  • Tax Lot: 26
  • Tax Tract Number: 24
  • TaxOtherAnnualAssessmentAmount: 1087.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,109 $780,191 $316,805 $463,386
2024 $10,109 $764,894 $310,594 $454,300
2023 $5,608 $380,629 $304,504 $76,125
2022 $5,362 $373,167 $298,534 $74,633
2021 $5,302 $365,851 $292,681 $73,170
2020 $5,068 $362,100 $289,680 $72,420
2019 $3,212 $81,124 $56,627 $24,497
2018 $1,567 $79,534 $55,517 $24,017
2016 $1,496 $76,448 $53,362 $23,086
2015 $1,476 $75,301 $52,561 $22,740
2014 $1,480 $73,827 $51,532 $22,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $1,899,000 -13.7% $475 / Sq Ft
08/01/2025 08/01/25 For Sale $2,200,000 +519.7% $550 / Sq Ft
03/10/2019 03/10/19 Sold $355,000 0.0% $389 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $355,000 0.0% $389 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $355,000 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $355,000 Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Closed $1,072,000 Commercial
Closed $285,000 Commercial
Previous Owner $285,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25173733

California Regional Multiple Listing Service (CRMLS)

APN: 6010-028-026