1700 W 60Th St, Los Angeles, CA 90047
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1700 W 60Th St Los Angeles, CA 90047

$699,000 Sold Price as of 06/06/2022
  • 8 Beds
  • 4 Baths
  • 2,496 Sq.Ft.
Sold
$699,000 Sold Price as of 06/06/2022 Refinance Your Mortgage

Map preview of 1700 W 60Th St, Los Angeles, CA 90047

Property Overview: 1700 W 60Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,496 living square feet and 6,340 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Investors/Developers: Opportunity to build new units on a 6340 Sf corner lot in prime south L A area. Currently 3 units ( Public record shows 4 units). All units are tenant occupied and will not be delivered vacant at close. Generated $95,246 of cash flow in the last 3 years. Close to retail , restaurants and public transportation. 1700 W. 60th St is 4+2, 6005 and 6007 S. Harvard are both 2+1. Offers will be due Friday, March 25th at NOON!

Listed by Joanne Mckenzie | BRE #00926862 | Sotheby's International Realty
Co-listed by Tracey D. Clarke | BRE #01330679 | Sotheby's International Realty
Last checked: 9 minutes ago | Last updated: October 6th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,340
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22136741
City
Los Angeles
County
Los Angeles
Time on Site
790 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $1,545
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $31,000
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1700 W 60Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Cooktop, Range
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6002016012
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Accessibility Features: None
  • Offered With Property: none
  • Property Condition: Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: 1 block East of Western and South of Slauson
View more facts & features

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Sale History for 1700 W 60Th St

Last sold for $699,000 on June 6th, 2022
  • June, 2022

  • Jun 6, 2022

    Date

    Sold

    CRMLS: 22136741

    $699,000

    Price

  • Mar 16, 2022

    Date

    Active

    CRMLS: 22136741

    $600,000

    Price

Tax History for 1700 W 60Th St

Assessed Value (2020): $58,331
Year Land Value Improved Value Assessed Value
2020 $30,964 $27,367 $58,331

Home Value Compared to the Market

This property vs the competition

1700 W 60Th St sold on June 6, 2022 for 49.58% 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 $240.38 per/sqft which puts the price per square foot 68.16% lower than the current median sale per square foot for the city of Los Angeles.

About 1700 W 60Th St

Detailed summary of property

1700 W 60Th St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,496 living square feet, and sits on an approximately 6,340 square foot lot. 1700 W 60Th St was first listed on ArdentRealEstateGroup.com on March 16, 2022. The homeowner sold the property for $699,000. 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 49.58% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 7216 S Denker Ave and 2317 Hyde Park Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1700 W 60Th St has a days on market of 12 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1700 W 60Th St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1700 W 60Th St

Public county record property details
Beds
8
Baths
4
Year built
1924
Sq. Ft.
2,496
Lot Size
6,339
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6002-016-012

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$769,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

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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.