$799,000

614 W 60th Street, Los Angeles, CA 90044

8 beds

Multi-Family Home
Built in ——
5,384sqft lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

BACK ON THE MARKET 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 LAs highest-demand rental corridors. Opportunities like this are limited dont miss your chance to secure a versatile multi-family asset right in the heart of Los Angeles.

Listing Status:: Active
Listing Office:: CENTURY 21 REALTY MASTERS :
Listing Agent:: EDWIN BLANCO : 323-695-1868
MLS ID:: MB25270524

A/C: N/K

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor6004026028

Source: California Regional MLS

This listing courtesy of EDWIN BLANCO, CENTURY 21 REALTY MASTERS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

61st Street Elementary School

6020 S Figueroa St, Los Angeles, CA, 90003

Grades KG-6

0.14 miles away

John Muir Middle School

5929 S Vermont Ave, Los Angeles, CA, 90044

Grades 6-8

0.47 miles away

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

825 W 60th St, Los Angeles, CA, 90044

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.