This is an extraordinary opportunity to purchase income property an area that has significant upside potential (area is being completely cleaned/ fixed up to accommodate flow of traffic and visitors to new stadium ~5 miles away!) The potential - as the city of Los Angeles prepares for new sports venues, hotels, rentals, airbnb and shopping areas for the Rams stadium and 2028 OLYMPICS - is significant! Currently, the centrally located and quiet area includes a mix of multi and single family properties. This property offers 3 well-maintained and separate units that can be easily and significantly updated to grow the income considerably, in a short period of time. Several new updates, including window, partial roof, water heaters, etc.. The property is fully fenced and has plenty of outdoor space, fruit trees and 2 car driveway. Some tenants use dining room for 2nd bedroom. Excellent for a first time buyer looking to invest in income property! (owner is retiring, motivated and open to solid offers.) INQUIRE today!
Off market
$698,900
321 E 60th St, Los Angeles, CA 90003
3beds
1,960sqft
MultiFamily
Built in 1921
-- sqft lot
$698,900 Zestimate®
$357/sqft
$2,640 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,960 sqft
Property
Features
- Entry location: Ground Level w/Steps, Living Room
Lot
- Size: 5,405 sqft
Details
- Parcel number: 6006028010
Construction
Type & style
- Home type: MultiFamily
Condition
- Repair Cosmetic
- Year built: 1921
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- Agreement Type: Excl Rt Sell/Lease
- Property Subtype 1: Residential Income
- Land Lease Type: Fee Simple
- Service Level: Full Service
- State: CA
- Transaction Type: Sale
- Lot Size Source: (Public Records)
- Building Style: Spanish
- Landlord Pays For: Water
- Unit-2 Furnished: Unfurnished
- Ext Construction: Stucco
- Flooring: Wood/Wood Like
- Foundation: Raised
- Lot Description: Lot Shape-Rectangle, Fenced Yard, Curbs, Street Paved, Front Yard, Street Public
- Tenant Pays For: Electricity, Gas, Cable TV
- Unit-1 Furnished: Unfurnished
- Unit-3 Furnished: Unfurnished
- Square Footage Source: Public Records
- Entry Location: Ground Level w/Steps, Living Room
- Showing Access: Subject To Inspectn
- Street Suffix: Street
- Bathroom Features: Shower Over Tub
- Parking Features: Driveway, Driveway Gate
- Lease Per Month/Year: Month
- Property Condition: Repair Cosmetic
- School District: Los Angeles USD
- Heating Type: Floor Furnace
- Subdiv/Trac Code: Not Applicable-C42
- Possession: Tenants Rights
- Stories/Levels: Ground Level, One
- Special Conditions: Standard
- Street Direction: E
- Front of House Faces: West
- Tax ID: 6006028010
Services availability
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Estimated market value
$698,900