$3,900,000
$4,400,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
3236 W 60th ST Los Angeles, CA 90043
23 Beds
21 Baths
12,040 SqFt
Key Details
Sold Price $3,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,040 sqft
Price per Sqft $323
MLS Listing ID 24416421
Sold Date 01/16/25
Bedrooms 23
HOA Y/N No
Year Built 1962
Lot Size 0.385 Acres
Lot Dimensions Assessor
Property Description
Listing Price Reduced! Submit All Offers! Seller is Motivated! This 21-unit investment opportunity is located in Hyde Park, a rapidly gentrifying area due to its vital intra-sector development, and its proximity to Leimert Park's dynamic arts district and to Inglewood's thriving business community. The property is zoned R3 and sits on a large 16,755 square foot lot. The structure boasts a NEW ROOF and NEW ELECTRIC PANELS. The unit-mix consists of 3 two-bedrooms, 17 one-bedrooms, and 1 studio. There are 17 secure parking spaces. All units are individually metered for gas and electricity. The property is within 500 feet of the new Hyde Park/Crenshaw metro line. The structure is seismic-retrofit compliant. The property has a 15% rental upside! Sale is not subject to a 1031 exchange.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Range
Exterior
Parking Features Driveway
Attached Garage Yes
Total Parking Spaces 17
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4006002007
Financing Cash
Special Listing Condition Standard
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Bought with David Sinbela • Re/Max Commercial & Investment