28
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$2,088,000
Est. payment /mo
8 Beds
8 Baths
8,727 Sqft Lot
New
3617 W 60th Street Los Angeles, CA 90043
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26170530
Bedrooms 8
Lot Size 8,727 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
3617 W. 60th Street presents an exceptional opportunity to acquire a well-maintained eight-unit apartment community in South Los Angeles with over $220,000 in recent capital improvements already completed. Recent upgrades include the mandatory soft-story seismic retrofit, a new roof, exterior painting, electrical sub-panel upgrades, renovations to Units 4 and 6, an updated laundry room, a new 100-gallon water heater, and additional exterior improvements. The property features a strong unit mix consisting primarily of spacious two-bedroom floor plans within an approximately 9,428 square foot building, offering broad tenant appeal and significant rental upside through natural tenant turnover. With tenants paying their own gas and electricity and many of the property's major capital improvement projects already completed, 3617 W. 60th Street represents an outstanding value-add investment opportunity in one of Los Angeles' steadily improving rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From the I-90 Freeway, exit Slauson Avenue East, continue to West Boulevard, turn right, then continue south to W 60th Street. T
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4004017001
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by John Stiegler II, DRE#01981597 Lyon Stahl Investment Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
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