1217 W 60th Place
Los Angeles, CA 90044

  • – beds
  • – baths
  • – sqft
  • 6,259 sqft lot
  • 1931 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / Darin Spillman / Kidder Mathews of California, Inc.

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# 24351675 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
3/27/24
Price Changed CRMLS_CA $848,000 -8.6%
2/27/24
Price Changed CRMLS_CA $928,000 -7.0%
1/25/24
Relisted CRMLS_CA $998,000

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$848,000

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Listing provided by broker:

Darin Spillman

Kidder Mathews of California, Inc.

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This multifamily located in South La, Los Angeles, CA 90044 is currently for sale for $848,000. 1217 W 60th Place is a – square foot multifamily with – beds and – baths that has been on Estately for 101 days. 1217 W 60th Place is in the South La neighborhood of Los Angeles and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Budlong Avenue Elementary School, John Muir Middle School, and Augustus F Hawkins High A Critical Design And Gaming School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 22:31 on May 05.

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