Homes for sale - 1301 W 60th PL, Los Angeles, CA 90044

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$849,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25264503

HOA Y/N No

Year Built 1928

Property Sub-Type Duplex

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 today's 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 redevelopment, creating a strong opportunity for buyers seeking stable income, rental upside, and long term valuation growth.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Biking, Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre, Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6003017025

Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by Samuel Woldeyesus Compass 949-689-1558

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