J
Seller's Agent in 2023
Jackson Jorgensen
Younglewin Advisors, Inc.
(562) 318-0215
1 in this area
13 Total Sales
154 W 66th St Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $596,000 - $674,000
3
Beds
2
Baths
1,464
Sq Ft
$432/Sq Ft
Est. Value
About This Home
As of June 2023We are pleased to present 154 W 66th a 3 unit multifamily property in South Los Angeles to market. 66th St. consists of three one bedroom units made up of a duplex facing 66th St. and a stand alone bungalow that faces 67th St. The property sits on a massive 6,618 square foot lot that is zoned R2, with potential to o add a two story (one per level) ADU in between the two properties approximately 775 SF each(buyer to verify). Per the Los Angeles Assessor the stand alone bungalow is 288 SF - the
actual livable square footage is actually much larger - the structure is about 384 SF (buyer to verify. With a rare low cost basis of $550,000 with substantial upside in tents and ability to add two ADU's, 66th St. presents a compelling opportunity for an aggressive value-add investor.
Last Agent to Sell the Property
Younglewin Advisors, Inc. License #02022727 Listed on: 02/25/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,079
Year Built
- Built in 1923
Lot Details
- 6,618 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 3 Bedrooms
- 1,464 Sq Ft Home
- 1-Story Property
- Laundry Room
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 15 / G
- Tax Tract Number 12
- Assessor Parcel Number 6012002045
- $343 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $50
- Fuel Expense $200
- Insurance Expense $1,200
- Trash Expense $1,300
- Water Sewer Expense $1,200
- Operating Expense $15,375
- Gross Income $34,800
- Net Operating Income $18,381
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2023
Closed on
May 31, 2023
Sold by
Armijo Robert
Bought by
L & L Interprise Llc
Seller's Agent
Jackson Jorgensen
Younglewin Advisors, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$550,000
Sold Price
$550,000
Views
246
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,806
Avg. Annual Appreciation
6.60%
Original Mortgage
$385,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2017
Sold by
Wade Marcia M and Wilson Susan Melton
Bought by
Carrillo Douglas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| L & L Interprise Llc | $550,000 | Ticor Title Company | |
| Carrillo Douglas | $343,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | L & L Interprise Llc | $480,000 | |
| Closed | L & L Interprise Llc | $385,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | $550,000 | 0.0% | $376 / Sq Ft |
| 05/26/2023 05/26/23 | For Sale | $550,000 | 0.0% | $376 / Sq Ft |
| 05/24/2023 05/24/23 | Off Market | $550,000 | -- | -- |
| 02/25/2023 02/25/23 | For Sale | $550,000 | -- | $376 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,079 | $572,220 | $468,180 | $104,040 |
| 2024 | $7,079 | $561,000 | $459,000 | $102,000 |
| 2023 | $1,960 | $134,377 | $77,643 | $56,734 |
| 2022 | $1,878 | $131,743 | $76,121 | $55,622 |
| 2021 | $1,849 | $129,161 | $74,629 | $54,532 |
| 2019 | $1,800 | $125,331 | $72,416 | $52,915 |
| 2018 | $1,749 | $122,875 | $70,997 | $51,878 |
| 2016 | $1,661 | $118,105 | $68,241 | $49,864 |
| 2015 | $1,641 | $116,331 | $67,216 | $49,115 |
| 2014 | $1,667 | $114,053 | $65,900 | $48,153 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,801 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23032484
APN: 6012-002-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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