3236 W 60th St Pending

Los Angeles,CA 90043

$ 4440000

23 Beds

21 Baths

12040 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 12,040 sqft

Price per Sqft $368

MLS Listing ID 24-416421

Bedrooms 23

Year Built 1962

Lot Size 0.385 Acres

Acres 0.3848

Property Description

Listing Price Reduced! Submit All Offers! Seller is Motivated! This 21-unit investment opportunity is located in Hyde Park, a rapidly gentrifying area due to its vital intra-sector development, and its proximity to Leimert Park's dynamic arts district and to Inglewood's thriving business community. The property is zoned R3 and sits on a large 16,755 square foot lot. The structure boasts a NEW ROOF and NEW ELECTRIC PANELS. The unit-mix consists of 3 two-bedrooms, 17 one-bedrooms, and 1 studio. There are 17 secure parking spaces. All units are individually metered for gas and electricity. The property is within 500 feet of the new Hyde Park/Crenshaw metro line. The structure is seismic-retrofit compliant. The property has a 15% rental upside! Sale is not subject to a 1031 exchange.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Range/Oven

Laundry Laundry Area

Exterior

Parking Features Attached, Driveway - Combination

Garage Spaces 17.0

Building

Story 2

Level or Stories Two

Structure Type Hard Coat

Others

Special Listing Condition Standard

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