$ 799,000
-
$799,000
Price -
8
Bed -
0
Bath -
4,423
SqFt
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About the Listing 97311 - M432104
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 one unit and rent the others, this four-unit property is a smart long-term investment in one of LA’s highest-demand rental corridors. Opportunities like this are limited don’t miss your chance to secure a versatile multi-family asset right in the heart of Los Angeles.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Flag Lot,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6004026028
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
614 W 60th St Los Angeles, CA 90044
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