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3236 W 60th St Los Angeles, CA 90043
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Key Details
Sold Price $3,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,040 sqft
Price per Sqft $323
MLS Listing ID 24-416421
Sold Date 01/16/25
Bedrooms 23
Year Built 1962
Lot Size 0.385 Acres
Acres 0.3848
Property Sub-Type Multi-Family
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 Park Hills Heights
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Natural Gas
Cooling None
Equipment Range/Oven
Laundry Laundry Area
Exterior
Parking Features Attached, Driveway - Combination
Garage Spaces 17.0
Building
Story 2
Level or Stories Two
Structure Type Hard Coat
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Re/Max Commercial & Investment