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822 W 60Th St, Los Angeles, CA 90044
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822 W 60Th St Los Angeles, CA 90044

$929,000
  • 13 Beds
  • 9 Baths
  • 2,957 Sq.Ft.
For Sale
$929,000 Get Pre-Qualified
Map preview of 822 W 60Th St, Los Angeles, CA 90044

Property Overview: 822 W 60Th St Los Angeles, CA has 13 bedrooms, 9 bathrooms, 2,957 living square feet and 6,502 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: Back on market at no fault of property - Rarely does a cash flow property like this come on the market - Incredible opportunity to own a high income producing duplex in South LA. Rare unit mix of a large 7BD, 4BA lower unit achieving $4,800 per month and upper 6BD, 4BA unit receiving $4,500 per month - exceptional cash flow with a 7.1 CAP rate! Large open kitchen spaces freshly tiled. Fully gated with 2 detached 2 car garages off the alley - great ADU potential. Unbelievable rental income and cash flow producing asset in close proximity to downtown, the westside and freeways.

Listed by Grant Linscott | BRE #01715002 | Keller Williams Realty Los Feliz
Last checked: 3 minutes ago | Last updated: May 29th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
6,502
HOA Dues
$0/mo
Year built
1890
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24345657
City
Los Angeles
County
Los Angeles
Time on Site
89 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 7
  • # of Baths: 5
  • Furnishing: Unfurnished
  • Actual Rent: $5,050
  • Total Rent: $5,050
  • Pro Forma/Market Rent: $5,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 6
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.1%
  • Gross Rent Multiplier: 8.28
  • Gross Scheduled Income: --
  • Net Operating Income: $65,704
  • Gross Operating Income: $111,600
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 822 W 60Th St

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Property Details for 822 W 60Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
  • Security Features: Gated Community
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: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage - Two Door, Gated, Parking Space, Shared Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 6004009006
  • Year Built Source: Assessor
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: USE GOOGLE MAPS
View more facts & features

Local Los Angeles Agent

Sale History for 822 W 60Th St

Last sold for $650,000 on October 3rd, 2019

  • March, 2024

  • Mar 22, 2024

    Date

    Canceled

    CRMLS: 23328648

    $925,000

    Price

  • Nov 6, 2023

    Date

    Active

    CRMLS: 23328648

    $925,000

    Price

  • Listing provided courtesy of CRMLS

    PROPERTY HAS BEEN RE-LISTED. OWNER DOES NOT WISH TO BE CONTACTED.

  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: 24345657

    $929,000

    Price

  • November, 2023

  • Nov 4, 2023

    Date

    Canceled

    CRMLS: 23245657

    $949,000

    Price

  • Mar 6, 2023

    Date

    Active

    CRMLS: 23245657

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    PROPERTY IS BEING RE-LISTED. DO NOT CONTACT OWNER. DO NOT CONTACT OCCUPANTS.

  • March, 2020

  • Mar 20, 2020

    Date

    Canceled

    CRMLS: 19516436

    --

    Price

  • Oct 1, 2019

    Date

    Active Under Contract

    CRMLS: 19516436

    --

    Price

  • Listing provided courtesy of CRMLS

    Looking for back up offers!! EXCELLENT INVESTMENT OPPORTUNITY! Gorgeous property! Completely renovated interiors and exterior! Everything about this property property is new including the two 2-Car garages! The property contains a 7 Bed + 4 Bath unit on the ground floor and a 6 Bed + 4 Bath on the second floor for a total of 2,954 Sq. Ft. of living space. Each unit was taken down to the studs and renovated to fit the modern lifestyle of today's tenants. The property is fully secured by a new fence. The property has ample parking, 4 garage spaces and at least 4 surface spaces. The ground floor unit will be operated as a shared living area garnering the highest rent possible. The second floor unit is being operated as a traditional rental.

  • October, 2019

  • Oct 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • September, 2019

  • Sep 19, 2019

    Date

    Canceled

    CRMLS: 19474074

    $929,000

    Price

  • Aug 27, 2019

    Date

    Active

    CRMLS: 19474074

    $929,000

    Price

  • Aug 27, 2019

    Date

    Pending

    CRMLS: 19474074

    $929,000

    Price

  • Jul 1, 2019

    Date

    Price Change

    CRMLS: 19474074

    $929,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: 19474074

    $960,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE IMPROVEMENT! MOTIVATED SELLER! Gorgeous property! Completely renovated interiors and exterior! Everything about this property is new including the two 2-Car garages! The property contains a 7 Bed+4 Bath unit on the ground floor and a 6 Bed+4 Bath unit on the second floor for a total of 2,954 Sq. Ft. of living space. Each unit was taken down to the studs and renovated to fit the modern lifestyle of today's tenants. The property is fully secured by a new fence. The property has ample parking, 4 garage spaces and at least 4 tandem surface spaces. There is much more to this property that you just have to see to believe!

  • November, 2018

  • Nov 22, 2018

    Date

    Sold

    CRMLS: 18376304

    $478,000

    Price

  • Oct 3, 2018

    Date

    Pending

    CRMLS: 18376304

    $478,000

    Price

  • Oct 2, 2018

    Date

    Active Under Contract

    CRMLS: 18376304

    $478,000

    Price

  • Sep 26, 2018

    Date

    Active

    CRMLS: 18376304

    $478,000

    Price

  • Listing provided courtesy of CRMLS

    This property is a diamond in the rough. Investor's delight and great potential. Because of the unique amount of bedrooms and baths, this property may be a future half way home, or similar. Property has a bonus room with a half bath half bath between the two garages. Unfortunately, the property cannot be financed because of its condition. Back up offers may be placed on Hubzu property ID 87915792116. Listing Broker and Seller assume no responsibility and make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. Back up offers are reviewed on receipt. Compensation to cooperating agent for a successful bid only.

  • November, 2018

  • Nov 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $478,000

    Price

Show More

Tax History for 822 W 60Th St

Assessed Value (2020): $930,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $230,000 $930,000

Home Value Compared to the Market

This property vs the competition

822 W 60Th St is listed 25.68% 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 $780 and this home is listed at $314.17 per/sqft which puts the price per square foot 59.72% lower than the median price per square foot for the city of Los Angeles.

About 822 W 60Th St

Detailed summary of property

822 W 60Th St is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 13 bedrooms, 9 bathrooms, roughly 2,957 living square feet, and sits on an approximately 6,502 square foot lot. 822 W 60Th St was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $929,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.68% lower than the median priced home. Local competing homes currently for sale include 6211 S Broadway, 215 W 60th St and 217 W 57th St. While the average home in Los Angeles, CA is selling in 98 days, 822 W 60Th St has a days on market of 46 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 822 W 60Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 822 W 60Th St

Public county record property details
Beds
13
Baths
11
Year built
1890
Sq. Ft.
2,957
Lot Size
6,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
6004-009-006

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
81
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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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