3236 W 60th Street, Los Angeles, CA 90043

About this property

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.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$3,900,000

Sold January 2025 · listed $4,400,000, orig. $4,998,000, on market July 2024 · MLS #24416421 · Source: CRMLS

Listing Agent: Albert Morell · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: David Sinbela · Re/Max Commercial & Investment

$4,725,000

Sold September 2022 · on market June 2022 · MLS #SB22119276 · Source: CRMLS

Listing Agent: Josh Cohen · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Albert Morell · Keller Williams Beverly Hills

$2,000,000

Sold January 2015 · on market October 2014 · MLS #14805769 · Source: CRMLS

Listing Agent: Stephen F. Watson · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Rao Yalamanchili · Positive Investments

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