3617 W 60th St

Los Angeles, CA 90043

$1,675,000
Last Sold Price
16
Beds
15
Baths
9,428 Sq. Ft.
$178 / Sq. Ft.
9,428
Sq. Ft.
$178
per Sq. Ft.

Description

Great investment opportunity in Park Mesa Heights. Over 9,400 SF of living space in this 8 unit building, comprised of (5)2BD + 2BA, (2)2BD + 1BA & (1)2BD + 2.5BA. Frontal unit boasts a cozy fireplace and scenic balcony, ideal for relaxation. Each tenant is allocated one off street parking space and access to an on site laundry facility. This property is uniquely positioned in an area that is rapidly evolving, both in terms of gentrification and it’s central location. Just a short 3 minute walk to...Great investment opportunity in Park Mesa Heights. Over 9,400 SF of living space in this 8 unit building, comprised of (5)2BD + 2BA, (2)2BD + 1BA & (1)2BD + 2.5BA. Frontal unit boasts a cozy fireplace and scenic balcony, ideal for relaxation. Each tenant is allocated one off street parking space and access to an on site laundry facility. This property is uniquely positioned in an area that is rapidly evolving, both in terms of gentrification and it’s central location. Just a short 3 minute walk to the Crenshaw/LAX Metro Transit "K" Line which provides direct access onto LAX & a connection to Downtown or Santa Monica. 1 mile from View Park-Windsor Hills & 2.5 miles from SoFi Stadium & the Inglewood Forum. Fully occupied. Sold As-Is, $238 Per SF. Do not disturb tenants.
  1. Listed by Eena Douglass • DRE #02071249 • Brokerage DRE #01878277 • eXp Realty of California Inc • 323.934.1999

Property Details for 3617 West 60th Street

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9428
Assessor Parcel Number
4004-017-001
Property Attached YN
true
LISTING UPDATED: 09/18/2024 02:37 AM

Property Details for 3617 West 60th Street

StatusClosed
MLS #SB24113780
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1964
Lot Size0.20 AC / 8,727 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Eena Douglass, DRE #02071249

Sold By Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597

Add your commute

Building Information for 3617 West 60th Street

Stories2Residences-Year Built1964Building Size-Lot Size0.20 AC / 8,727 SF

Payment Calculator

$9,530 per month

30 year fixed, 6.845% Interest

Principal and Interest

$8,776

Property Taxes

$754

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3617 West 60th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $164,088
  • Gross Scheduled Income: $164,088
  • Net Operating Income: $123,068
  • Cap Rate: 6.47
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $41,020
  • New Taxes Expense: $21,240
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $7,000
  • Maintenance Expense: $1,800
  • Professional Management Expense: $0
  • Trash Expense: $3,240
  • Water Sewer Expense: $5,340
  • Total Expenses: $41,020
Tax / Assessment Info
  • Tax Tract Number: 5279
  • Tax Census Tract: 2347.00
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: Street level
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Direction Faces: South
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Carport, Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 2
  • Carport Spaces: 5
  • Parking Features: Carport, Garage, No Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,184
  • Unit Type Total Rent: $2,184
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,861
  • Unit Type Total Rent: $1,861
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $1,280
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,343
  • Unit Type Total Rent: $1,343
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,282
  • Unit Type Total Rent: $1,282
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,872
  • Unit Type Total Rent: $1,872
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,352
  • Unit Type Total Rent: $1,352
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 3617 West 60th Street

DateEvent & SourcePriceAppreciation
Sep 18, 2024

Sold

CRMLS #SB24113780

$1,675,000—
Sep 18, 2024

Sold

CLAW #SB24113780MR

$1,675,000—
Jul 11, 2024

Pending

CRMLS #SB24113780

—
Jun 27, 2024

Sold (Public Record)

Public Record #1540849879

$1,675,000—
Jun 6, 2024

Pending

CLAW #SB24113780MR

—
Jun 6, 2024

Accepting Backup Offers

CRMLS #SB24113780

—
Jun 6, 2024

Accepting Backup Offers

CLAW #SB24113780MR

—
Jun 5, 2024

Listed (Active)

CRMLS #SB24113780

$1,900,000—
May 16, 2024

Listed (Active)

CLAW #SB24113780MR

$1,900,000—
Aug 17, 2023

Withdrawn / Cancelled

CLAW #SB23030419MR

—
Aug 17, 2023

Withdrawn / Cancelled

CRMLS #SB23030419

$2,100,000—
Jul 20, 2023

Price Change

CLAW #SB23030419MR

$2,100,000—
Jun 26, 2023

Listed (Active)

CRMLS #SB23030419

—
Jun 25, 2023

Hold

CRMLS #SB23030419

—
Feb 24, 2023

Listed (Active)

CRMLS #SB23030419

$2,310,000—
Feb 22, 2023

Listed (Active)

CLAW #SB23030419MR

$2,310,000—
Sep 22, 2000

Sold

CLAW #00-261545

$418,000—
Aug 8, 2000

Pending

CLAW #00-261545

—
Jul 10, 2000

Listed (Active)

CLAW #00-261545

$460,000—
DateEvent & SourcePrice
09/18/2024

Sold

CRMLS #SB24113780

$1,675,000
09/18/2024

Sold

CLAW #SB24113780MR

$1,675,000
07/11/2024

Pending

CRMLS #SB24113780

—
06/27/2024

Sold (Public Record)

Public Record #1540849879

$1,675,000
06/06/2024

Pending

CLAW #SB24113780MR

—
06/06/2024

Accepting Backup Offers

CRMLS #SB24113780

—
06/06/2024

Accepting Backup Offers

CLAW #SB24113780MR

—
06/05/2024

Listed (Active)

CRMLS #SB24113780

$1,900,000
05/16/2024

Listed (Active)

CLAW #SB24113780MR

$1,900,000
08/17/2023

Withdrawn / Cancelled

CLAW #SB23030419MR

—
08/17/2023

Withdrawn / Cancelled

CRMLS #SB23030419

$2,100,000
07/20/2023

Price Change

CLAW #SB23030419MR

$2,100,000
06/26/2023

Listed (Active)

CRMLS #SB23030419

—
06/25/2023

Hold

CRMLS #SB23030419

—
02/24/2023

Listed (Active)

CRMLS #SB23030419

$2,310,000
02/22/2023

Listed (Active)

CLAW #SB23030419MR

$2,310,000
09/22/2000

Sold

CLAW #00-261545

$418,000
08/08/2000

Pending

CLAW #00-261545

—
07/10/2000

Listed (Active)

CLAW #00-261545

$460,000

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

Public Records for 3617 West 60th Street

Taxable ValueLand$193,514Additions$424,137Total$617,651
Tax Record2024$9,052 ($754 / month)
Home Facts
Total Finished SqFt9,428 SqFtAbove Grade Finished SqFt9,428 SqFtLot Size8,724 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAC2CountyLOS ANGELESAPN4004-017-001

Schools near 3617 West 60th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 12
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Fifty-Fourth Street Elementary School
PublicK to 6

Horace Mann Ucla Community
Public6 to 12

Crete Academy
CharterK to 6

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

Similar Sold Homes

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Eena Douglass, DRE #02071249

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.