$552,000
$525,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
321 E 60th ST West Los Angeles, CA 90003
1,960 SqFt
Key Details
Sold Price $552,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $281
Subdivision Not Applicable-105
MLS Listing ID 320003687
Sold Date 08/07/21
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1921
Lot Size 5,405 Sqft
Acres 0.1241
Property 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 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!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Floor Furnace, Natural Gas
Flooring Wood
Fireplace No
Exterior
Garage Driveway
Community Features Curbs
View Y/N No
Parking Type Driveway
Private Pool No
Building
Lot Description Front Yard, Paved, Rectangular Lot
Faces West
Story 1
Entry Level One
Foundation Raised
Architectural Style Spanish
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Tax ID 6006028010
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Jakline Kookhabi • Nelson Shelton Real Estate Era Powered