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Listed by Samuel Woldeyesus • Compass
$ 799,000
Est. payment /mo
Active
1301 W 60th Place Los Angeles, CA 90044
1,704 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,704 sqft
Price per Sqft $468
MLS Listing ID CROC25264503
HOA Y/N No
Year Built 1928
Lot Size 6,247 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
Two fully detached homes on an oversized corner lot that is well priced and offering strong income potential and long term upside. 1301 W 60th Pl is a separately metered true duplex consisting of two fully independent California style bungalows with private yards and parking. The front two bedroom and one bath home is occupied by an on time tenant paying $2,249 per month, with market rent estimated near $3,000. The rear one bedroom and one bath home of approximately 748 square feet has been fully remodeled and is delivered vacant, ideal for immediate market rate leasing around $2,200 per month or for an owner user looking to meaningfully reduce their monthly payment. The existing mortgage on the property carries a highly favorable 2.625% assumable interest rate, which creates a major affordability advantage in today's market. Both homes feature modern kitchens, newer flooring, refreshed bathrooms, upgraded windows, and clean exterior finishes, making the property low maintenance and turnkey. The 6,247 square foot corner lot provides separation between structures, outdoor areas for each unit, and convenient parking access. The location between Vermont and Normandie offers quick access to freeways, transit, and ongoing neighborhood redevelopments, creating a strong opportunity for
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
Building
Lot Description Corner Lot
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