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3617 W 60th Street — photo 1
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Units

8

Building Size

9,428 sf

Lot Size

8,727 sf

Status

Active

Los Angeles

3617 W 60th Street

About This Property

3617 W. 60th Street presents an exceptional opportunity to acquire a well-maintained eight-unit apartment community in South Los Angeles with over $220,000 in recent capital improvements already completed. Recent upgrades include the mandatory soft-story seismic retrofit, a new roof, exterior painting, electrical sub-panel upgrades, renovations to Units 4 and 6, an updated laundry room, a new 100-gallon water heater, and additional exterior improvements. The property features a strong unit mix consisting primarily of spacious two-bedroom floor plans within an approximately 9,428 square foot building, offering broad tenant appeal and significant rental upside through natural tenant turnover. With tenants paying their own gas and electricity and many of the property's major capital improvement projects already completed, 3617 W. 60th Street represents an outstanding value-add investment opportunity in one of Los Angeles' steadily improving rental markets.

Unit Mix

  • 1 unit · 2bd / 3ba
  • 6 units · 2bd / 2ba
  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Lyon Stahl Investment Real Estate, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,998,000

Est. Monthly Payment

$12,767/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

John Stiegler II

Lyon Stahl Investment Real Estate, Inc.