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Glen Henderson

[email protected] +1(619) 889-7646

$799,000

Est. payment - /mo

3 Beds

6,247 Sqft Lot

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Open House

Sat Dec 06, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25264503

Bedrooms 3

Lot Size 6,247 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange,FHA,VA

Property Type Res Income 2-4 Units

Property Description

Two fully detached homes on an oversized corner lot that is well priced and offering strong income potential and long term upside. 1301 W 60th Pl is a separately metered true duplex consisting of two fully independent California style bungalows with private yards and parking. The front two bedroom and one bath home is occupied by an on time tenant paying $2,249 per month, with market rent estimated near $3,000. The rear one bedroom and one bath home of approximately 748 square feet has been fully remodeled and is delivered vacant, ideal for immediate market rate leasing around $2,200 per month or for an owner user looking to meaningfully reduce their monthly payment. The existing mortgage on the property carries a highly favorable 2.625% assumable interest rate, which creates a major affordability advantage in todays market. Both homes feature modern kitchens, newer flooring, refreshed bathrooms, upgraded windows, and clean exterior finishes, making the property low maintenance and turnkey. The 6,247 square foot corner lot provides separation between structures, outdoor areas for each unit, and convenient parking access. The location between Vermont and Normandie offers quick access to freeways, transit, and ongoing neighborhood redevelopments, creating a strong opportunity for buyers seeking stable income, rental upside, and long term valuation growth.

Location

State CA

County Los Angeles

Zoning Assessor

Direction west 60th st and 61th st

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6003017025

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

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Listed by Samuel Woldeyesus Compass

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1301 W 60th Place Los Angeles, CA 90044

Glen Henderson

Open House

Key Details

Location

Interior

Exterior

Building

Others

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