1217 West 60th Place
1217 West 60th Place
$848,000
6
3
2,649
2,649
$320
Description
2nd Price Reduction! Beautiful triplex consisting of 3 spacious 2 bed 1 bath units in a quiet, tree-lined neighborhood of South L. A. centrally located between USC, Downtown L. A., Inglewood, and LAX. One of the front units is vacant and has been renovated including new flooring and kitchen upgrades. The other front unit pays $1,400. Front units are approximately 850 square feet each. The rear unit, situated above the 3 garages, pays $2,000, consists of around 949 square feet, and has been extensively...2nd Price Reduction! Beautiful triplex consisting of 3 spacious 2 bed 1 bath units in a quiet, tree-lined neighborhood of South L. A. centrally located between USC, Downtown L. A., Inglewood, and LAX. One of the front units is vacant and has been renovated including new flooring and kitchen upgrades. The other front unit pays $1,400. Front units are approximately 850 square feet each. The rear unit, situated above the 3 garages, pays $2,000, consists of around 949 square feet, and has been extensively renovated in 2023 with ceiling fans, granite countertops, newer kitchen cabinets, laundry room, renovated bathroom appliances, new windows and doors, and new wall furnace. The building underwent an electrical panel upgrade to 200 amp power in 2023. 1217 W. 60th Place presents an exciting opportunity for an investor or owner-occupant to purchase an extensively renovated triplex in the heart of L. A. with 33% vacancy. Fannie Mae has now adjusted guidelines for owner-occupants to qualify for conventional 30-year fixed rate financing for as low as 5% down payment. Additionally, 75% of the future rental income of the non-owner occupied units can be added to clients' qualifying monthly income.
- Listed by Darin Spillman • DRE #01366902 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 1217 West 60th Place
Zoning
LAR2
Parcel Number6003016019
Total Units3.0
Living Area2649
Source Living AreaAssessor
AreaLos Angeles Southwest (C34)
Vacancy Rate33%
Lot Size Area6259
Location
LISTING UPDATED: 04/23/2024 07:53 AM
Property Details for 1217 West 60th Place
Status | Active |
---|---|
MLS # | 24-351675 |
Days on Market | 97 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1931 |
Lot Size | 0.14 AC / 6,259 SF |
County | Los Angeles County |
Location
Building Information for 1217 West 60th Place
Stories2Residences-Year Built1931Building Size-Lot Size0.14 AC / 6,259 SF
Payment Calculator
$5,542 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1217 West 60th Place
Property History for 1217 West 60th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1217 West 60th Place
Taxable ValueLand$624,240Additions$249,696Total$873,936
Tax Record2023$10,972 ($914 / month)
Home Facts
Total Finished SqFt2,649 SqFtAbove Grade Finished SqFt2,649 SqFtLot Size6,257 SqFtStyleTriplexYear Built1931ZoningLAR2CountyLOS ANGELESAPN6003-016-019
Schools near 1217 West 60th Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
ICEF Lou Dantzler Preparatory Academy Charter CharterK to 8 | ||
John Muir Middle School Public6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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