3236 W 60th Street

    Los Angeles (City), CA 90043
    • $4,100,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: SB18149862
    UPDATED: 89 min ago
    $4,100,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,044
      SQFT
    • $340
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    3236 West 60th Street is a 21 Unit Investment Opportunity in Los Angeles, perfect for both seasoned and new apartment investors alike! This asset currently has a remarkably strong cap rate of 5.5%, and is located in the dynamic and up-and-coming area of Hyde Park. The 12,000 square foot building is comprised of 17 one bed/one bath units, 3 two bed/one bath units, and 1 studio unit. Most of the units have been rehabbed, but there is still additional rental upside for a new owner to take advantage of.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T00:29:00.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84987566

    3236 W 60th Street Los Angeles (City), CA 90043

    • Price: $4,100,000
    • Status: Active
    • Updated: 89 min ago
    • ID#: SB18149862
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    12,044
    SQFT
    $340
    $/SQFT
    1962
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    3236 West 60th Street is a 21 Unit Investment Opportunity in Los Angeles, perfect for both seasoned and new apartment investors alike! This asset currently has a remarkably strong cap rate of 5.5%, and is located in the dynamic and up-and-coming area of Hyde Park. The 12,000 square foot building is comprised of 17 one bed/one bath units, 3 two bed/one bath units, and 1 studio unit. Most of the units have been rehabbed, but there is still additional rental upside for a new owner to take advantage of.
    Exterior Features

    Garage Spaces 0.00 Lot Features Corner LotLawnLevel With StreetLot 10000-19999 SqftNear Public TransitPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 21.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.50 Community Features CurbsSidewalksStorm DrainsStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 352836.00 Gross Multiplier 11.63 Gross Scheduled Income 352668.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 225443.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 22 Number Of Separate Gas Meters 22 Number Of Separate Water Meters 1 Operating Expense 118445.00 Other Expense 118445.00 Other Expense Description Contact Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 118445.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Josh Cohen of Keller Williams Beach Cities.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T00:29:00.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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