500 West 60th Street

Los Angeles, CA 90044

$829,000
Price
6
Beds
2
Baths
2,476 Sq. Ft.
$335 / Sq. Ft.
2,476
Sq. Ft.
$335
per Sq. Ft.

Description

Great opportunity! This Duplex is located near to Down Town L. A., Inglewood, LAX, walking distance from public transportation, shopping centers and easy freeway access. Property was completly renovated by the previous owner back in 2016 with new roof, flooring, granite counter-tops, and tenants have kept the property in good conditions. Washer and Dryer hookups in each units, plenty of parking, concrete patios, the entire property has iron fences. Tax records show a total of 4 Bedroom/2 baths, but...Great opportunity! This Duplex is located near to Down Town L. A., Inglewood, LAX, walking distance from public transportation, shopping centers and easy freeway access. Property was completly renovated by the previous owner back in 2016 with new roof, flooring, granite counter-tops, and tenants have kept the property in good conditions. Washer and Dryer hookups in each units, plenty of parking, concrete patios, the entire property has iron fences. Tax records show a total of 4 Bedroom/2 baths, but physically there are 6 bedrooms and 2 Bath, All information on MLS deem reliable but not guaranteed. Buyer and buyers agent to independently verify Square footage, lot size, rent control, permits and satisfy themselves with their own findings. Property is sold as is conditions. Do not disturb tenants
  1. Listed by Maribel Villalobos • DRE #01818908 • Brokerage DRE #01984686 • Twin Homes & Loans • 818-645-4591

Property Details for 500 West 60th Street

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2476
LISTING UPDATED: 09/30/2024 02:04 AM

Property Details for 500 West 60th Street

StatusActive
MLS #SR24169663
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.15 AC / 6,688 SF
CountyLos Angeles County

Building Information for 500 West 60th Street

Stories1Residences-Year Built1965Building Size-Lot Size0.15 AC / 6,688 SF

Property Information for 500 West 60th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $61,680
  • Net Operating Income: $48,012
Expense Details
  • Operating Expense: $13,668
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,289
  • Trash Expense: $672
  • Water Sewer Expense: $3,000
  • Total Expenses: $3,672
Tax / Assessment Info
  • Tax Tract Number: 1462
  • Tax Census Tract: 2371.02
  • CFD/Mello-Roos Fee: $735
  • Tax Lot: 31
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Gas Dryer Hookup, None, Washer Hookup
  • Interior Features: Granite Counters
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,470
  • Unit Type Total Rent: $2,470
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,530
  • Unit Type Total Rent: $2,530
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 500 West 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 500 West 60th Street

Taxable ValueLand$400,399Additions$232,114Total$632,513
Tax Record2024$8,320 ($693 / month)
Home Facts
Total Finished SqFt2,476 SqFtAbove Grade Finished SqFt2,476 SqFtLot Size6,686 SqFtStyleDuplexYear Built1965ZoningLAC2CountyLOS ANGELESAPN6004-026-032

Schools near 500 West 60th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sixty-First Street Elementary School
PublicK to 6

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.

Similar Homes

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500 West 60th Street is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on August 14, 2024 by Twin Homes & Loans, it's currently listed at $829,000. It has been on the market for a total of 96 days and was last sold on June 3, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Sixty-First Street Elementary School, John Muir Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 500 West 60th Street is a 6-bed, 2-bath, 2,476 sqft multi-family home built in 1965.

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 Twin Homes & Loans, Maribel Villalobos, DRE #01818908

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.