Two-Home Duplex
2660 Newell St, Los Angeles, CA 90039
For Sale
$875,000
Residential Income, Los Angeles, CA
Property Size2,064 SF
Lot Size0.13 Acres
Price / SF$423.93
Days on Market148
Property Features for 2660 Newell St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Fireplace
Directions
Subdivision
Special listing conditions
Standard status
APN
Size
Lot size
Utilities
Cooling system
Amenities
hardwood floors
laundry hook ups
a/c wall units
sliding doors and windows
outdoor spaces
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Hollywood Hills · Keller Williams Realty
(310) 623-1300
Listed By:
Ron Thomas · License CA #01032593
(310) 650-7115
Added: Jun 21
Changed: Nov 13
Last Checked: Nov 15 at 2:06AM
MLS# 26843901
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Set on a 0.1252-acre parcel, this duplex property consists of two single-family homes with 2,064 square feet of combined building area. Built in 1964, the homes have hardwood floors, laundry hookups, wall-mounted air-conditioning units, and sliding doors and windows. Each residence has outdoor space; the property also includes driveway parking and a fireplace. Recent exterior paint is another improvement, while LAR2 zoning applies to the site.
The property is near Riverside Drive and the 2 and 5 freeways. Sunset Boulevard and Alvarado Street are about 15 minutes away, and Dodger Stadium is also nearby.
The property is near Riverside Drive and the 2 and 5 freeways. Sunset Boulevard and Alvarado Street are about 15 minutes away, and Dodger Stadium is also nearby.
Key Highlights
- Two single‑family homes on one 0.1252‑acre parcel
- 2,064 square feet of building area
- Built in 1964; LAR2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,211
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,220
$664.2K
Cap Rate 7%
$474,443
$474.4K
Cap Rate 9%
$369,011
$369.0K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$65.6K $31.80/SF
− Vacancy
−$5.3K −$2.54/SF
EGI
$60.4K $29.26/SF
− OpEx
−$27.2K −$13.17/SF
NOI
$33.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,220
Cap Rate 7%
$474,443
Cap Rate 9%
$369,011
Alternative Uses
Best Use
Apartment 5plus
$474.4K
$415.1K – $553.5K
NOI $33,211 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.7K
$754.0K – $1.01M
NOI $60,322 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
Explore this area
Business Placement
Demographics for 90039, CA
28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Residential income properties in Los Angeles, CA
Properties on Market for Residential income properties in Los Angeles
Frequently Asked Questions
What type of property is this?
Residential income property - Each residence has an outdoor area, and the property includes driveway parking.
Where is this residential income property located?
The property is located at 2660 Newell St Los Angeles, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two single‑family homes on one 0.1252‑acre parcel; 2,064 square feet of building area; Built in 1964; LAR2 zoning
