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?
Explore CommunitiesListing courtesy of Lyon Stahl Investment Real Estate, Inc.
Listing data from CRMLS. Deemed reliable but not guaranteed.
Asking Price
$1,998,000
Listing Agent
John Stiegler II
Lyon Stahl Investment Real Estate, Inc.
