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134 W 60Th St, Los Angeles, CA 90003
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134 W 60Th St Los Angeles, CA 90003

$545,000
  • 4 Beds
  • 3 Baths
  • 1,629 Sq.Ft.
For Sale
$545,000 Get Pre-Qualified
Map preview of 134 W 60Th St, Los Angeles, CA 90003

Property Overview: 134 W 60Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,629 living square feet and 5,120 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is the lowest priced property in the area for 3 units with lots of potential for a huge value add. The large detached garage can be developed and converted to an ADU turning this property to a 4 unit instead of 3. There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a great cash flowing investment. This property is comprised of three separate structures its own privates entrance in the alley and lots of parking with a long driveway. This invesmnet is centrally located in South LA next to multiple schools, restaurants, 110 freeway and more. A short commute to Downtown Los Angeles, Lax and the Beach Cities.

Listed by Dounia Zamora | BRE #01932642 | Real Brokerage Technologies, I
Last checked: 7 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 424
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Home details

Lot Sq. Ft
5,120
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
PV23016155
City
Los Angeles
County
Los Angeles
Time on Site
441 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $835
  • Total Rent: $835
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $814
  • Total Rent: $814
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $836
  • Total Rent: $836
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.69%
  • Gross Rent Multiplier: 19.44
  • Gross Scheduled Income: $30,015
  • Net Operating Income: $22,325
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,684
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,536
  • Water/Sewer: $598

Open Houses for 134 W 60Th St

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Property Details for 134 W 60Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Paved, Garage - Two Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6005016033
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Located between 60th and Main.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 134 W 60Th St

Last sold on March 29th, 2011

  • February, 2023

  • Feb 3, 2023

    Date

    Active

    CRMLS: PV23016155

    $579,999

    Price

  • October, 2022

  • Oct 31, 2022

    Date

    Expired

    CRMLS: 22176015

    $580,000

    Price

  • Jul 6, 2022

    Date

    Active

    CRMLS: 22176015

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    134 W. 60th St is a triplex located in South Los Angeles, East of the 110 fwy between Slauson Ave and Gage Ave. The property is centrally located to multiple school and a short commute to downtown Los Angeles. There is significant upside in the current rents offering anew investor the ability to make this a great cash flowing investment. Developing an ADU(Additional Dwelling Unit) in the rear separate garage is another value add play which will greatly increase the value of the property. Comprised of three separate structures, the property offers tenants privacy, while providing the owner future potential to create private outdoor areas and a suburban feel with all of the amenities Los Angeles has to offer.

  • March, 2011

  • Mar 29, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2010

  • May 28, 2010

    Date

    Sold (Public Records)

    Public Records

    $180,000

    Price

Show More

Tax History for 134 W 60Th St

Assessed Value (2020): $328,004
Year Land Value Improved Value Assessed Value
2020 $164,002 $164,002 $328,004

Home Value Compared to the Market

This property vs the competition

134 W 60Th St is listed 56.4% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $334.56 per/sqft which puts the price per square foot 56.72% lower than the median price per square foot for the city of Los Angeles.

About 134 W 60Th St

Detailed summary of property

134 W 60Th St is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 4 bedrooms, 3 bathrooms, roughly 1,629 living square feet, and sits on an approximately 5,120 square foot lot. 134 W 60Th St was first listed on ArdentRealEstateGroup.com on February 3, 2023. The homeowner is currently asking $545,000 and was originally asking $579,999. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 56.4% lower than the median priced home. Local competing homes currently for sale include 110 W 48th St, 907 E 50th St and 172 E 43rd ST. While the average home in Los Angeles, CA is selling in 97 days, 134 W 60Th St has a days on market of 424 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. For more information on this home for sale at 134 W 60Th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 134 W 60Th St

Public county record property details
Beds
5
Baths
2
Year built
1923
Sq. Ft.
1,629
Lot Size
5,119
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
42
APN
6005-016-033

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$570,000
Median Sold Price/Sq.Ft.
$505
Total Inventory
39
Median Sale to List Price %
99.13%
Avg Days on Market
30
Loan Type
Conventional (37.5%), FHA (25%), VA (0%), Cash (0%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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