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1217 60th Place
Los Angeles, CA 90044
Sold
3rd Price Reduction! Beautiful triplex consisting of 3 spacious 2 bed 1 bath units in a quiet, tree-lined neighborhood of South L.A. centrally located between USC, Downtown L.A., Inglewood, and LAX. One of the front units is vacant and has been renovated including new flooring and kitchen upgrades. The other front unit pays $1,400. Front units are approximately 850 square feet each. The rear unit, situated above the 3 garages, pays $2,000, consists of around 949 square feet, and has been extensively renovated in 2023 with ceiling fans, granite countertops, newer kitchen cabinets, laundry room, renovated bathroom appliances, new windows and doors, and new wall furnace. The building underwent an electrical panel upgrade to 200 amp power in 2023. 1217 W. 60th Place presents an exciting opportunity for an investor or owner-occupant to purchase an extensively renovated triplex in the heart of L.A. with 33% vacancy. Fannie Mae has now adjusted guidelines for owner-occupants to qualify for conventional 30-year fixed rate financing for as low as 5% down payment. Additionally, 75% of the future rental income of the non-owner occupied units can be added to clients' qualifying monthly income.
PROPERTY INFORMATION
| MLS # | 24351675 | Lot Size | 6,259 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 828,000
Price Per SqFt: $ 313 |
DOM | 465 Days |
| Address | 1217 60th Place | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,649 Sq. Ft. |
| Postal Code | 90044 | Garage | 3 |
| County | Los Angeles | Year Built | 1931 |
| Bed / Bath | 6 / 0 | Parking | 3 |
| Built In | 1931 | Status | Closed |
| Sold Date | 2024-07-24 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Laminate |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $883
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/25/2024 | Listed | $998,000 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Darin Spillman, Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
