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    138 W 60Th St Los Angeles, CA 90003

    For Sale
    $699,000

    Triplex in South LA generating $4589 monthly with upside potential.

    Lot size:
    0.12 Acres

    Property Features for 138 W 60Th St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1916

    Source: Keller Williams Realty/Temecula Agent CHRISTINE CHENG

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Los Angeles Triplex Opportunity

    This triplex is located in the heart of South Los Angeles. The property features a total of 6 bedrooms and 5 bathrooms, generating a total of $4589 per month. All units are currently rented on a month-to-month basis. The unit mix includes one 2-bedroom, 2-bathroom unit; one 1-bedroom, 1-bathroom unit; and one 3-bedroom, 2-bathroom unit. The units are spacious and have the potential to achieve a market rent rate of $6800 per month. This property is suitable as a 1031 exchange up-leg or a buy-and-hold investment. The building has three separate electric and gas meters. The owner is responsible for water and sewer expenses. Each unit is equipped with interior laundry hook-ups, and the property is designed for low maintenance. The property is conveniently located near the 110 freeway and is minutes away from Downtown LA, LA Convention Center, Crypto Arena, Natural History Museum of LA County, USC, LA Memorial Coliseum, BMO Stadium, and Expo Center.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.27264
    Latitude
    33.98504

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    FAQs

    What type of property is this?
    Triplex - Triplex in South LA generating $4589 monthly with upside potential.
    Where is this triplex located?
    The property is located at 138 W 60Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Triplex generating $4589 monthly income with potential to increase to $6800 at market rent.; - Excellent investment opportunity for 1031 exchange or buy and hold strategy.; - Three separate electric and gas meters, reducing owner expenses.
    (213) 458-1975
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    138 W 60Th St Los Angeles, CA 90003
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    Los Angeles, CA 90003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 W 60Th St Los Angeles, CA 90003
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