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

$630,000 Sold Price as of 09/29/2022
  • 6 Beds
  • 4 Baths
  • 2,788 Sq.Ft.
Sold
$630,000 Sold Price as of 09/29/2022 Refinance Your Mortgage
Map preview of 138 W 60Th St, Los Angeles, CA 90003

Property Overview: 138 W 60Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,788 living square feet and 5,120 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex located in South LA consist of a 3 bedroom 2 bath house generating $1,421 a month in rent and a separate 2 story building with a 2 bedroom 1 plus a bonus room and 1 bath that generates $1390 in rent and a 1 bedroom 1 bath that provides $927 a month in rent . Total sq ft of Living space is 2788! on a lot size of 5120 , these are Large Units that have the potential to be rented out at Market Rent for a Total of $6888 of rental Income per month ! Great Investment as a 1031 Exchange Up-leg and or a Buy and Hold Investment . Three separate electric and gas meters and Seller only pays water and sewer and Each unit has interior Laundry hook ups and very low maintenance required on these 2 Structures. Front Building features a Spanish style look while the separate 3 Bedroom House at rear shows as a Contemporary Home. Located between Gage and Florence near transportation , the 110 Freeway and min. away from Downtown La , Crypto Arena, USC and Banc of California Stadium

Listed by JOSIE SAN LUCAS | BRE #01308257 | CENTURY 21 REALTY MASTERS
Last checked: 13 minutes ago | Last updated: September 29th, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
5,120
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
MB22180854
City
Los Angeles
County
Los Angeles
Time on Site
623 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,390
  • Total Rent: $1,390
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $927
  • Total Rent: $927
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,421
  • Total Rent: $1,421
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,600
  • Net Operating Income: $37,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,300
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,400
  • Water/Sewer: $3,900

Property Details for 138 W 60Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Information
  • Roof: Composition, Mixed
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: South of E. Slauson and North of Florence
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 138 W 60Th St

Last sold for $630,000 on September 29th, 2022

  • September, 2022

  • Sep 29, 2022

    Date

    Sold

    CRMLS: MB22180854

    $630,000

    Price

  • Aug 18, 2022

    Date

    Active

    CRMLS: MB22180854

    $665,000

    Price

  • August, 2021

  • Aug 11, 2021

    Date

    Active Under Contract

    CRMLS: 21760424

    $639,000

    Price

  • Jul 13, 2021

    Date

    Active

    CRMLS: 21760424

    $639,000

    Price

  • Listing provided courtesy of CRMLS

    BUYER could not perform. It's your chance NOW. Great Income Opportunity for Seasoned or New investor. Property offers 3 units: Unit 1 has 3 bed with 2 Baths, Unit 2 has 2 Bed with 1 Bath with a Bonus Room, and Unit 3 has 1 Bed with 1 Bath. Excellent Long Term Tenants with a stable operating history but remaining rental upside. Rents have not increased since 2013. All units have Laundry Hook-Ups. The Property is centrally located to all major transportations and located minutes to USC and Downtown. Property is being sold with the current tenants. Sold "As Is" in present condition with no warranties implied or expressed. Buyer(s) and Buyer's agent to do their own due diligence to their satisfaction.

  • December, 2012

  • Dec 19, 2012

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

  • April, 2010

  • Apr 20, 2010

    Date

    Sold (Public Records)

    Public Records

    $235,000

    Price

Show More

Tax History for 138 W 60Th St

Assessed Value (2020): $337,791
Year Land Value Improved Value Assessed Value
2020 $225,195 $112,596 $337,791

Home Value Compared to the Market

This property vs the competition

138 W 60Th St sold on September 29, 2022 for 44.12% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $238.52 per/sqft which puts the price per square foot 68.41% lower than the current median sale per square foot for the city of Los Angeles.

About 138 W 60Th St

Detailed summary of property

138 W 60Th St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 6 bedrooms, 4 bathrooms, roughly 2,788 living square feet, and sits on an approximately 5,120 square foot lot. 138 W 60Th St was first listed on ArdentRealEstateGroup.com on August 18, 2022. The homeowner sold the property for $630,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 44.12% lower than the current median priced home. Local homes that are currently for sale include 219 W 51st St, 6903 Estrella Ave and 820-822 W 61st St. While the average home in Los Angeles, CA is selling in 96 days, 138 W 60Th St has a days on market of 9 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 138 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 138 W 60Th St

Public county record property details
Beds
6
Baths
4
Year built
1916
Sq. Ft.
2,788
Lot Size
5,119
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
6005-016-032

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
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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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