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

$781,000 Sold Price as of 09/10/2020
  • 7 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$781,000 Sold Price as of 09/10/2020 Refinance Your Mortgage
Map preview of 846 W 60Th St, Los Angeles, CA 90044

Property Overview: 846 W 60Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, -- living square feet and 5,199 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: High cash flow!! Won't last! Cap rate of 7.98% & an excellent 10 GRM. Property grosses a total of $6,210 monthly rent. Well maintained Spanish Style Triplex with an easy care desert landscaping. Excellent for an investor looking to maximize rental income or an owner occupant . Featuring three detached units. Front unit offers 3 bedrooms + 2 bathrooms, second unit 2 bedrooms + 1 bathrooms, third unit 1 bedroom/ bonus room + 1 bathroom. Each unit has its own washer and dryer with individually metered utilities. Close to freeways , DTLA, LA Memorial Coliseum, LAFC's new Bank of California Stadium & the Staples Center. Buyer is advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals. Tenants pay for; gas, electricity & trash. Listing agent follows all Covid-19 guidelines. Do not disturb tenants. Drive by only.

Listed by Amber Martinez | BRE #01961174 | Rodeo Realty- Brentwood
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,199
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20612066
City
Los Angeles
County
Los Angeles
Time on Site
1353 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,910
  • Total Rent: $34,920
  • Pro Forma/Market Rent: $35,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $20,400
  • Pro Forma/Market Rent: $20,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $19,200
  • Pro Forma/Market Rent: $19,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: --
  • Net Operating Income: $65,158
  • Gross Operating Income: $74,520
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 846 W 60Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Utility Room
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Phone System
  • Levels: One
  • Window Features: Screens
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Features: Front Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 6004009019
  • Architectural Style: Craftsman
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: Gps.
View more facts & features

Local Los Angeles Agent

Sale History for 846 W 60Th St

Last sold for $781,000 on September 10th, 2020

  • September, 2020

  • Sep 11, 2020

    Date

    Sold

    CRMLS: 20612066

    $781,000

    Price

  • Sep 10, 2020

    Date

    Pending

    CRMLS: 20612066

    $749,000

    Price

  • Jul 31, 2020

    Date

    Active

    CRMLS: 20612066

    $749,000

    Price

  • September, 2020

  • Sep 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $781,000

    Price

  • December, 2019

  • Dec 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 846 W 60Th St

Assessed Value (2020): $495,260
Year Land Value Improved Value Assessed Value
2020 $370,000 $125,260 $495,260

Home Value Compared to the Market

This property vs the competition

846 W 60Th St sold on September 10, 2020 for 33.12% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 846 W 60Th St

Detailed summary of property

846 W 60Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 7 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 5,199 square foot lot. 846 W 60Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $781,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.12% lower than the current median priced home. Local homes that are currently for sale include 916 W 53rd W St, 1154 W 57th St and 6816 Denver Ave. While the average home in Los Angeles, CA is selling in 106 days, 846 W 60Th St has a days on market of 3 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 846 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 846 W 60Th St

Public county record property details
Beds
6
Baths
3
Year built
1923
Sq. Ft.
1,953
Lot Size
5,199
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
6004-009-019

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
$649,900
Median List Price/Sq.Ft.
$518
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
93
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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(714) 706-1823

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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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