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3617 W 60th Street

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3617 W 60th Street

Los Angeles, CA 90043
$1,998,000
0 Beds
0 Baths
9,428 SF

3617 W. 60th Street presents an exceptional opportunity to acquire a well-maintained eight-unit apartment community in South Los Angeles with over $220,000 in recent capital improvements already completed. Recent upgrades include the mandatory soft-story seismic retrofit, a new roof, exterior painting, electrical sub-panel upgrades, renovations to Units 4 and 6, an updated laundry room, a new 100-gallon water heater, and additional exterior improvements. The property features a strong unit mix consisting primarily of spacious two-bedroom floor plans within an approximately 9,428 square foot building, offering broad tenant appeal and significant rental upside through natural tenant turnover. With tenants paying their own gas and electricity and many of the property's major capital improvement projects already completed, 3617 W. 60th Street represents an outstanding value-add investment opportunity in one of Los Angeles' steadily improving rental markets.

Features

Biking
Curbs
Gutters
StormDrains
Sidewalks
CommonArea
Property Details
MLS Number: SB26170530
Year Built: 1964
HOA: None
Lot Size: 8,727 SF
Days on Market: 40
Listing Team
Agent: John Stiegler II
Brokerage: Lyon Stahl Investment Real Estate, Inc.
Location: Newport Beach, California
Property Location
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Los Angeles, CA

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3617 W 60th Street
Los Angeles, CA 90043
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Financing Tools
Estimated Monthly Payment
$12,326

Based on principal, interest, estimated property taxes, insurance, and HOA for this listing.

Down Payment
$399,600
Loan Amount
$1,598,400
Principal & Interest
$10,103
Taxes, Insurance & HOA
$2,223
Private Consultation

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