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$ 875,000
Est. payment | /mo
6 Beds
6 Baths
2,112 SqFt
$ 875,000
Est. payment | /mo
6 Beds
6 Baths
2,112 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $414
MLS Listing ID 25596403
Bedrooms 6
HOA Y/N No
Year Built 1928
Lot Size 7,021 Sqft
Lot Dimensions Assessor
Property Description
We are pleased to present a 6-unit community located at 1512 W 60th Street consisting of 6 separate bungalow structures. The building currently operates at an 8.58 GRM and 7.14% CAP Rate on actual rents with rental upside potential to a 6.23 GRM and 11.22% CAP Rate on pro-forma rents. With 6 separate bungalow structures built in 1928 on the property, tenants enjoy the feeling of living in a single-family home paired with the affordability of living within an apartment community. The units consist of six (6) one bedroom one-bathroom standalone bungalows totaling 2,112 rentable square feet located on a 7,023 square foot LAR1 lot that also features 6 on-site parking spaces in the rear of the property accessible by alley which can either continue to serve as parking or for future ADUs. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR1
Interior
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 6
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6002018032
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc.
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