138 W 60Th St Los Angeles, CA 90003
Triplex in South LA generating $4589 monthly with upside potential.
Lot size:
0.12 AcresProperty Features for 138 W 60Th St
General Information
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1916
Source:
Elliman
Listing 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
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.