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Overview
- Updated On:
- April 11, 2024
Property Description
This is the lowest priced property in the area for 3 units with lots of potential for a huge value add. The large detached garage can be developed and converted to an ADU turning this property to a 4 unit instead of 3. There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a great cash flowing investment. This property is comprised of three separate structures its own privates entrance in the alley and lots of parking with a long driveway. This invesmnet is centrally located in South LA next to multiple schools, restaurants, 110 freeway and more. A short commute to Downtown Los Angeles, Lax and the Beach Cities.
Address: 134 W 60th Street
City: Los Angeles
State/County: Los Angeles
Zip: 90003
Country: US
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Property Id : 142074
Price: $ 545,000
Property Lot Size: 0 ft2
AssociationFee: 0
BuildingAreaTotal: 1629
BuildingAreaUnits: SquareFeet
BuyerAgencyCompensation: 2.000
BuyerAgencyCompensationType: Item1
CapRate: 2.69
CommonWalls: Item1CommonWall
CommunityFeatures: Suburban
ContractStatusChangeDate: 2023-02-01
Cooling: WallWindowUnits
Directions: Located between 60th and Main.
CumulativeDaysOnMarket: 407
DaysOnMarket: 407
ElectricExpense: 0
ElevationUnits: Feet
Other Features
Has Cooling System
Has Garage
Has Heating System
Property Attached
$ 2,794.32
per month- Principal and Interest
- Property Tax
- HOA fee
$ 2,113.07
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