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321 E 60th Street

West Los Angeles, CA 90003
  • $525,000
  • STATUS: Active Under Contract
  • ON SITE: 469 Days
  • MLS #: 320003687
Under Contract
UPDATED: 31 min ago
$525,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,960
    SQFT
  • $268
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Patricia Phillips of Keller Williams R.E. Services (818-432-3200)


Description

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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-28T10:29:14.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/111033525
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321 E 60th Street West Los Angeles, CA 90003

  • Price: $525,000
  • Status: Active Under Contract
  • On Site: 469 Days
  • Updated: 31 min ago
  • MLS #: 320003687
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1,960
SQFT
$268
$/SQFT
1921
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
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!
Exterior Features

Architectural Style Spanish Carport Spaces 0 Construction Materials FrameStucco Direction Faces West Entry Location Living RoomGround LevelGround Level With Steps Foundation Details Raised Lot Features Front YardPavedRectangular Lot Number Of Separate Electric Meters 3 Parking Features DrivewayGated Parking Total 0 Pool Private YN No Spa YN No View YN No

Interior Features

Fireplace YN No Flooring Wood Heating Floor FurnaceNatural Gas Heating YN Yes

Property Features

Association YN No Cable Tv Expense 0 Cap Rate 0 Community Features Curbs Electric Expense 0 Exclusions Tenants Appliances Fuel Expense 0 Garage YN No Gross Income 2882 Gross Scheduled Income 0 Insurance Expense 0 Land Lease Amount 0 Land Lease Amount Frequency Monthly Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 0 Net Operating Income 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 0 Other Expense 0 Pest Control Expense 0 Pool Expense 0 Property Condition Repairs Cosmetic Special Listing Conditions Standard Supplies Expense 0 Tenant Pays Cable TvElectricityGas Total Actual Rent 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-28T10:29:14.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Patricia Phillips of Keller Williams R.E. Services (818-432-3200)