Renovated Four-Unit
For Sale
$1,050,000
1700 W 60th St, Los Angeles, CA 90047
Updated four-unit residential income property with separate utility metering, on-site parking, and partially gated grounds.
Property Size2,496 SF
Lot Size0.15 Acres
Price / SF$420.67
Days on Market109
Property Features for 1700 W 60th St
General Information
Standard status
Active
Size
2,496 SF
Lot size
0.15 Acres
Property subtype
Multifamily
Zoning
R2-1
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Cap Rate
7.08%
Multifamily Units
4
Amenities
front yard
All 2 Bed/1 Bath Units
One Unit to be Delivered Vacant
Well Maintained Property
Updated Electrical & Plumbing
On-Site Parking
Owner-User Financing Opportunity
Building Details
Building Size
2,496 SF
Year Built
1924
Buildings
2
Units
4
Listing Agency:
Encino Office
(818) 212-2694
Listed By:
Sev Keshishian · License #License(s): CA: 01887505
(818) 212-2694
Source:
Marcusmillichap
Added: May 14
Changed: Aug 29
Last Checked: Aug 29 at 6:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office
Investment Insights
Based on property information with market context.
This four-unit residential income property was built in 1924 and comprises two separate structures totaling 2,496 square feet. The property is delivered with one vacant unit. Recent improvements include newer roofs, new windows, upgraded irrigation, and updated electrical and plumbing systems. Two units also have front-yard areas, while the grounds provide on-site parking and are partially gated.
The property occupies a 6,340-square-foot lot zoned R2-1. Gas and electricity are separately metered for each unit. It carries a Tier 3 TOC designation and lies within a High-Quality Transit Incentive Corridor. The site is east of Western Avenue, between Slauson Avenue and Gage Avenue, with access to public transportation, neighborhood retail, and schools.
The property occupies a 6,340-square-foot lot zoned R2-1. Gas and electricity are separately metered for each unit. It carries a Tier 3 TOC designation and lies within a High-Quality Transit Incentive Corridor. The site is east of Western Avenue, between Slauson Avenue and Gage Avenue, with access to public transportation, neighborhood retail, and schools.
Key Highlights
- Four‑unit property built in 1924 with one vacant unit at delivery
- 2,496 square feet across two separate structures
- 6,340‑square‑foot lot zoned R2‑1
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
Explore this area
Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated four-unit residential income property with separate utility metering, on-site parking, and partially gated grounds.
Where is this quadplex located?
The property is located at 1700 W 60th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four‑unit property built in 1924 with one vacant unit at delivery; 2,496 square feet across two separate structures; 6,340‑square‑foot lot zoned R2‑1
