3236 W 60Th Street

Los Angeles, CA 90043

PRICE REDUCED

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-$553,000 (-11.06%)

$4,445,000

List Price

23

bed Beds

21

shower Baths

12,040 sqft

straighten / sqft

1962

calendar_month Built

Property Description

This 21-unit investment opportunity is located in booming 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. Seller is motivated!

Listing Information

List Price $4,445,000
Status Active
MLS 24416421
Type Residential Income
Year Built 1962
Lot Size 16,760
Structure Size 12,040
DOM 69
Courtesy Of Keller Williams Beverly Hills
Listing Agent Albert Morell DRE#00466538

Interior Features

Total Bedroom
Bedrooms 23
Total Bathroom
Bathrooms 21
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Albert Morell, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 10:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.