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Listed by EDWIN BLANCO • CENTURY 21 REALTY MASTERS
$ 799,000
Est. payment | /mo
4,423 SqFt
$ 799,000
Est. payment | /mo
4,423 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,423 sqft
Price per Sqft $180
MLS Listing ID CRMB25270524
HOA Y/N No
Year Built 1912
Lot Size 5,384 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
PRICED TO SELL!! Welcome to 614 W 60th Street in Los Angeles, a rare investment opportunity featuring a light-fixer four-plex with strong upside potential. This centrally located property offers 4,423 sq. ft. of living space on a 5,384 sq. ft. lot, with all four units featuring desirable 2-bedroom floor plans that attract consistent rental demand. Two units will be delivered vacant, providing the perfect setup for an owner-occupant to move in and begin renovating while collecting rental income from the other two units to help offset the mortgage. Investors can also take advantage of the immediate ability to update and secure market-rate rents for increased cash flow. The property also includes a basement that provides valuable additional storage space or potential for extra living area, adding even more flexibility and future possibilities. Situated in the heart of Los Angeles near major attractions and economic hubs, the property offers excellent proximity to USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, and Downtown LA. Convenient access to the 110 and 10 freeways ensures easy commuting throughout the city, making the location highly appealing to tenants and owners alike. With its value-add potential, prime location, and the unique opportunity to live in
Location
State CA
County Los Angeles
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Other
Building
Lot Description Other, Flag Lot
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397