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Listed by Samuel Woldeyesus • Compass
$749,000
Est. payment /mo
6,247 Sqft Lot
Price Dropped by $50K
1301 W 60th PL Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25264503
Year Built 1928
Lot Size 6,247 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Two fully detached homes on an oversized corner lot offer exceptional value in the area, with strong in-place income and long-term upside. 1301 W 60th Pl is a separately metered true duplex comprised of two fully independent California-style bungalows, each with private yards and parking. The front two-bedroom, one-bath home is tenant occupied on a month-to-month lease at $2,249 per month, providing immediate income with future flexibility. Market rent for similar units in the area supports continued upside over time in accordance with local regulations. The rear one-bedroom, one-bath home, approximately 748 square feet, has been fully remodeled and is currently vacant. Market rent for the rear unit is estimated around $2,200 per month, allowing a buyer to place a tenant immediately or explore alternative use depending on their strategy. The property also benefits from an existing mortgage with a highly favorable 2.625% assumable interest rate, creating a significant affordability advantage in today's higher-rate environment. Both homes feature modern kitchens, newer flooring, refreshed bathrooms, upgraded windows, and clean exterior finishes, making the property low-maintenance and turnkey. Situated on a 6,247 square foot corner lot, the layout provides excellent separation betw
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry Other
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 6003017025
Special Listing Condition Not Applicable
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