4475 W 60Th St, Los Angeles, CA 90043
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4475 W 60Th St Los Angeles, CA 90043

$1,177,000 Sold Price as of 07/12/2023
  • 4 Beds
  • 4 Baths
  • 2,174 Sq.Ft.
Sold
$1,177,000 Sold Price as of 07/12/2023 Refinance Your Mortgage

Map preview of 4475 W 60Th St, Los Angeles, CA 90043

Property Overview: 4475 W 60Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,174 living square feet and 6,708 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great CORNER LOT investment! 4 UNITS TOTAL: 3 units are 1bed/1bath and 1 unit is 1 bed/1bath with a bonus rm. This unit (4477) was upgraded (2020) with new kitchen & bathroom, white faux wood blinds throughout, and has a washer & dryer hookup in the bonus rm, which gets lots of natural light. Living rm & kitchen have recessed lighting. 4477 can be delivered vacant. The GOI is based on the expectation of 4477 being rented at $2300. The next unit, 4479 is currently rented at $1875.00. It is 1b/1b and has private exterior enclosed patio, remodeled kitchen (Dec 2022) w/new stove, microwave, granite countertops, waterproof vinyl flooring, sink, and faucet. Bathroom also has new waterproof flooring & the unit has white faux wood blinds throughout. All units have a 1-car garage (detached). 5974 & 4475 have long-term tenants paying $1273.08 & $1299.60 per month. Rear yard is fenced with 2 key & code locking entry/exit gates. Garage also has a space for laundry rm - currently used for storage - no w&d or water heater inside, but Buyer can easily add, if desired. Rear yard has Deck, dwarf orange and lemon trees. New fence installed in 2019 runs along rear yard - approx 120ft. Additional space in rear yard next to detached garage is partially cemented for patio. Balance of space great for a garden. Close to Ladera Shopping Center, Westfield Mall, 405 & 90 Fwys, Kenneth Hahn & Ladera Parks. About 20 minutes to downtown All units shown with Accepted Offer. PLEASE DO NOT DISTURB OCCUPANTS OR GO ON PROPERTY. Property Sold in As-IS Condition without any warranties implied or expressed. Buyer is advised to independently investigate all aspects of the property to verify accuracy of all information through personal inspection and with appropriate professionals. Information deemed reliable but not guaranteed. Seller/Broker does not guarantee the accuracy of the square footage, lot size, or other information concerning the features or condition of the property obtained from public records or other sources, nor does the Seller/Broker guarantee projected rents.

Listed by Mariko Pegs | BRE #01455476 | We R.I.S.E. Realty and Property Manageme
Last checked: 8 minutes ago | Last updated: January 1st, 2024 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
6,708
HOA Dues
$0/mo
Year built
1941
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22200121
City
Los Angeles
County
Los Angeles
Time on Site
465 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,299
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,273
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: --
  • Net Operating Income: $57,464
  • Gross Operating Income: $80,964
  • Other Income 1: $79,772
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $1,200
  • New Taxes: $13,521
  • Gardener: $1,800
  • Insurance: $2,474
  • Maintenance: $2,000
  • Water/Sewer: $2,400

Property Details for 4475 W 60Th St

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace, Natural Gas
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Laminate, Carpet
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven
Interior Features
  • Ceiling Fan(s), Crown Molding
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 Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Street, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 4003001005
  • Offered With Property: Make requests in offer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Corner of Overhill Drive and 60th Street. South of Slauson, north of Centinela, east of LaBrea, west of Buckler
View more facts & features

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Sale History for 4475 W 60Th St

Last leased for $1,925 on January 1st, 2024
  • January, 2024

  • Jan 1, 2024

    Date

    Leased

    CRMLS: 23304661

    $1,925

    Price

  • Aug 25, 2023

    Date

    Active

    CRMLS: 23304661

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Welcome home! Located in the beautiful View Park/Windsor Hills area, this unit is newly refurbished unit is ready for anyone looking for a nice, cozy place to call home. Aside from the incredible views from the street, this unit also comes with access to a community patio, perfect for relaxing and stargazing. Ample street parking, and comes with a 1 car garage which can be used for storage as well. Less than a 15 minute drive to LAX, and an even shorter drive to SoFi Stadium and the new Intuit Dome. Come and be apart of this quiet community with so much to offer!

  • December, 2023

  • Dec 19, 2023

    Date

    Leased

    CRMLS: 23329855

    $2,000

    Price

  • Nov 3, 2023

    Date

    Active

    CRMLS: 23329855

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this delightful 1 Bedroom home, nestled in the desirable neighborhood of Windsor Hills. With its captivating curb appeal and thoughtfully designed interior, this home offers a perfect blend of comfort, convenience, and style.

  • September, 2023

  • Sep 19, 2023

    Date

    Leased

    CRMLS: 23304685

    $2,300

    Price

  • Aug 25, 2023

    Date

    Active

    CRMLS: 23304685

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Welcome home! Located in the beautiful View Park/Windsor Hills area, this unit is newly refurbished unit is ready for anyone looking for a nice, cozy place to call home. Aside from the incredible views from the street, this unit also comes with access to a community patio, perfect for relaxing and stargazing. Ample street parking, and comes with a 1 car garage which can be used for storage as well. The unit also has an extra space which can be perfect for an office or extra storage. Less than a 15 minute drive to LAX, and an even shorter drive to SoFi Stadium and the new Intuit Dome. Come and be apart of this quiet community with so much to offer!

  • July, 2023

  • Jul 12, 2023

    Date

    Sold

    CRMLS: 22200121

    $1,177,000

    Price

  • Jan 22, 2023

    Date

    Active

    CRMLS: 22200121

    $1,275,000

    Price

  • October, 2005

  • Oct 13, 2005

    Date

    Sold (Public Records)

    Public Records

    $785,000

    Price

  • October, 1999

  • Oct 18, 1999

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

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Tax History for 4475 W 60Th St

Assessed Value (2020): $980,899
Year Land Value Improved Value Assessed Value
2020 $624,779 $356,120 $980,899

Home Value Compared to the Market

This property vs the competition

4475 W 60Th St sold on July 12, 2023 for 0% higher 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 $547.38 per/sqft which puts the price per square foot 27.5% lower than the current median sale per square foot for the city of Los Angeles.

About 4475 W 60Th St

Detailed summary of property

4475 W 60Th St is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,174 living square feet, and sits on an approximately 6,708 square foot lot. 4475 W 60Th St was first listed on ArdentRealEstateGroup.com on January 23, 2023. The homeowner sold the property for $1,177,000. 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 0% higher than the current median priced home. Local homes that are currently for sale include 8776 Reading Ave, 2074 W 54th St and 4080 Leimert Blvd. While the average home in Los Angeles, CA is selling in 96 days, 4475 W 60Th St has a days on market of 108 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 4475 W 60Th St Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4475 W 60Th St

Public county record property details
Beds
4
Baths
4
Year built
1941
Sq. Ft.
2,174
Lot Size
6,708
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
4003-001-005

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$945,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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.