321 East 60th Street

Los Angeles, CA 90003

$552,000
Last Sold Price
3
Beds
3
Baths
1,960 Sq. Ft.
$282 / Sq. Ft.
1,960
Sq. Ft.
$282
per Sq. Ft.

Description

This is an extraordinary opportunity to purchase income property an area that has significant upside potential (area is being completely cleaned/ fixed up to accommodate flow of traffic and visitors to new stadium ~5 miles away!) The potential - as the city of Los Angeles prepares for new sports venues, hotels, rentals, airbnb and shopping areas for the Rams stadium and 2028 OLYMPICS - is significant! Currently, the centrally located and quiet area includes a mix of multi and single family properties....This is an extraordinary opportunity to purchase income property an area that has significant upside potential (area is being completely cleaned/ fixed up to accommodate flow of traffic and visitors to new stadium ~5 miles away!) The potential - as the city of Los Angeles prepares for new sports venues, hotels, rentals, airbnb and shopping areas for the Rams stadium and 2028 OLYMPICS - is significant! Currently, the centrally located and quiet area includes a mix of multi and single family properties. This property offers 3 well-maintained and separate units that can be easily and significantly updated to grow the income considerably, in a short period of time. Several new updates, including window, partial roof, water heaters, etc.. The property is fully fenced and has plenty of outdoor space, fruit trees and 2 car driveway. Some tenants use dining room for 2nd bedroom. Excellent for a first time buyer looking to invest in income property! (owner is retiring, motivated and open to solid offers.) INQUIRE today!
  1. Listed by Patricia Phillips • DRE #00669470 • Keller Williams R. E. Services
  2. Listed by Default zzDefault Member • Non Member

Property Details for 321 East 60th Street

Zoning
LAR2
Style
Spanish
Cross Streets
San Pedro
Property Attached YN
true
Parcel Number
6006028010
Total Units
3.0
Living Area
1960
Source Living Area
404

Location

Listing Courtesy of Keller Williams R. E. Services, Patricia Phillips, DRE #00669470; Non Member, Default zzDefault Member

Sold By Nelson Shelton Real Estate Era Powered, Jakline Kookhabi, DRE #02039648

Add your commute
LISTING UPDATED: 08/07/2021 09:48 AM

Property Details for 321 East 60th Street

StatusSold
MLS #320003687IT
Days on Market297
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.12 AC / 5,404 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams R. E. Services, Patricia Phillips, DRE #00669470; Non Member, Default zzDefault Member

Sold By Nelson Shelton Real Estate Era Powered, Jakline Kookhabi, DRE #02039648

Add your commute

Building Information for 321 East 60th Street

Stories-Residences-Year Built1921Building Size-Lot Size0.12 AC / 5,404 SF

Payment Calculator

$3,606 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,012

Property Taxes

$594

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 321 East 60th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Professional Management: 0.0
  • Community Features: Curbs
Structure Info
Structure Info
  • Number Of Buildings: 2
  • View: No
  • Property Condition: Repair Cosmetic
  • Exposure: West
  • Water Heaters: Yes
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Cap Rate: .00%
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $.00
  • Actual Gross Annual Income: $34,584
  • Monthly GrossI Income: $2,882.00
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Other Income1: $.00
  • Other Income2: $.00
  • Garage Income: $0
  • Laundry Income: $0
  • Actual Rent Total: $.00
  • Vacancy Allow Dollar: $.00
  • Vacancy Allow Percent: .00%
  • Expense Actual Annual Vacancy: $.00
  • Owner Pays: Water
  • Total Annual Expense: 0
  • Pool Expense: $.00
  • Water Expense: $.00
  • Gas Expense: $0
  • Electric Expense: $.00
  • Trash Expense: $.00
  • Other Expense: $.00
  • Expense Cable TV: $.00
  • Expense Furniture: $.00
  • Elevator Expense: $.00
  • Expense Pest: $.00
  • Tax Expense: $0
  • Expense Maintenance Percent: $.00
  • Gardener Expense: $0
  • Expense Security: $.00
  • Expense Workers Compensation: $.00
  • Expense Licenses: $.00
  • Insurance Expense: $0
  • Expense Advertising: $.00
  • Expense Operating: $.00
  • Expense Operating Percent: $.00
  • Management Expense: $.00
  • Manager Expense: $0
  • Expense Supplies: $.00
Land / Lot Info
Land / Lot Info
  • Land Lease: No
  • Land Lease Amount Per Year: $.00
  • Land Lease Expiration Year: 0
  • Lot Acreage: 0.12
  • Lot Size Square Feet: 5404
  • Lot Features: Front Yard, Rectangular Lot, Paved
  • Lot Description: Curbs, Fenced Rear, Front Yard, Lot Shape-Rectangular, Street Paved, Street Public
  • Lot Location: City
  • Assessments: None
Parking Details
Parking Details
  • Total Parking: 0
  • Covered Parking: 0
  • Open Other Spaces Total: 0
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: Driveway
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Levels: One
  • Furnished: Unfurnished
  • Heating: Natural Gas, Floor Furnace
  • Heating Type: Floor Furnace, Natural Gas
  • Flooring: Wood
  • Bathroom Features: Shower Over Tub
  • Common Walls: Attached, Common Walls
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Spa: No
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Stucco
  • Construction MVO: Frame and Stucco
  • Foundation Details: Raised
Lease Terms
Lease Terms
  • Entry Date: 10-14-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $.00
  • Unit Actual Rent: $832.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $.00
  • Unit Actual Rent: $1,094.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $.00
  • Unit Actual Rent: $955.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 7 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 8 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 9 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 10 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 11 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 12 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit 13 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 0
Unit Details
  • Number of Carpet: 0
  • Number of Dishwasher: 0
  • Number of Disposal: 0
  • Number of Drapes: 0
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Leased: 3
  • Number Patio: 0
  • Number Range: 0
  • Number Refrigerator: 0
  • Number Rented Garages: 0
  • Number Wall AC: 0
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: .00%
  • Tax Rate: .00%
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $.00
  • Assessed Land Percent: 0
  • Assessed Total Value: $.00

Property History for 321 East 60th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 321 East 60th Street

Taxable ValueLand$459,000Additions$104,040Total$563,040
Tax Record2023$7,124 ($594 / month)
Home Facts
Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtLot Size5,404 SqFtStyleTriplexYear Built1921ZoningLAR2CountyLOS ANGELESAPN6006-028-010

Schools near 321 East 60th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
KIPP Raices Academy
CharterK to 4

Los Angeles Academy Middle
Public6 to 8

Ednovate - East College Prep
Charter9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams R. E. Services, Patricia Phillips, DRE #00669470; Non Member, Default zzDefault Member

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.