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Sold for $875,000
  • Listed by: Keller Williams Pacific Estates • Luis Gallegos • Contact: 562-355-5489
    Bought with: Keller Williams Pacific Estates
    $875,000

    1560 E 60th St, Los Angeles, CA 90001

    8beds
    4baths
    2,717sqft
    Quadruplex
    Built in 1914
    -- sqft lot
    $963,400 Zestimate®
    $322/sqft
    $2,484 Estimated rent

    Home value

    $963,400

    $886,000 - $1.05M

    $2,484/mo

    Zestimate® history
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    $2,484/mo

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    $5,578/mo

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    What's special

    Welcome to this fabulous investment opportunity. Whether you're seeking a stable rental income stream or looking to expand your investment portfolio, this property offers immense potential and value. This Quadruplex is Nestled in the heart of Los Angeles near Downtown. The Quadruplex consist of four separate buildings, each unit features 2 spacious bedrooms, providing an ideal living space for tenants. Unit 1554 2bed 2bath Unit 1558 2bed 1bath Unit 1560 2bed 1bath and Unit 1566 2bed 1bath. The strategic location ensures a high demand for rental units, making it a valuable asset for any owner or investor. Schedule a viewing and explore the endless possibilities that await with this prime investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Luis Gallegos DRE #01806981 562-355-5489,

    Keller Williams Pacific Estates

    Bought with:

    Luis Gallegos, DRE #01806981

    Keller Williams Pacific Estates

    Source: CRMLS,MLS#: DW24041542MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,717
    • Total interior livable area: 2,717 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Driveway
    • Uncovered spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,932 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6008041001
    • Zoning: LCR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $322/sqft
    • Tax assessed value: $892,500
    • Annual tax amount: $13,141
    • Date on market: 2/29/2024
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Conventional,FHA
    • Total actual rent: 6307
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    6/5/2024Sold$875,000+2.9%$322/sqft
    Source: CRMLS #DW24041542 Report a problem
    4/6/2024Pending sale$850,000+102.9%$313/sqft
    Source: CRMLS #DW24041542 Report a problem
    11/15/2004Sold$419,000$154/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,141 +43.5%$892,500 +55.9%
    2024$9,161 +5.5%$572,584 +2%
    2023$8,682 +4.3%$561,357 +2%
    2022$8,322 +1.2%$550,351 +2%
    2021$8,227 -0.6%$539,560 +1%
    2020$8,280 $534,029 +2%
    2019$8,280 +5.9%$523,559 +2%
    2018$7,816 $513,294 +2%
    2017$7,816 +1.9%$503,230 +2%
    2016$7,673 +2.4%$493,363 +1.5%
    2015$7,495 +1.3%$485,954 +2%
    2014$7,398 $476,435 +2.5%
    2012-- $464,983 +2.8%
    2010-- $452,460 +5.9%
    2006-- $427,380
    2005-- $427,380 +262.6%
    2003-- $117,880
    Find assessor info on the county website

    Neighborhood: 90001

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $963,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $963,400