Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3206 60th St Los Angeles, CA 90043-3126
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3206 60th St Los Angeles, CA 90043-3126

    View on Map
    • Apartment buildings
    • 6,224 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Apr 30, 2021
    $2,400,024
    Property ID
    US09-8088181
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,040,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 3206 60th St

    Year built
    1965
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    6,224 SF
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    4006-002-001
    APU
    4006002001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,040,000
      ML approach
      $1,980,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,384,000
      Market price range: $361k - $1.38M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $3,385,000
      OFFICE BUILDING
      $3,125,000
      MEDICAL BUILDING
      $2,835,000
      NEIGHBORHOOD: SHOPPING CENTER
      $2,635,000
      RETAIL STORES
      $1,875,000
      INDUSTRIAL (GENERAL)
      $1,760,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.328
    Latitude
    33.9852
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $24,120
    $1,167,328
    $742,845
    $1,910,173
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,884 SF

      6008 Ww Blvd

      APARTMENT HOUSE (5+ UNITS) • 13,884 SF
      6008 Ww Blvd, Los Angeles, CA 90043-3802
      View Details
    • Value Estimation
      $605,000
      12,040 SF

      3236 60th St

      APARTMENT HOUSE (5+ UNITS) • 12,040 SF
      3236 60th St, Los Angeles, CA 90043-3159
      View Details
    • Value Estimation
      $570,000
      12,008 SF

      3600 60th St

      APARTMENT HOUSE (5+ UNITS) • 12,008 SF
      3600 60th St, Los Angeles, CA 90043-2906
      View Details
    • Value Estimation by Request
      7,204 SF

      6417 Crenshaw Blvd

      APARTMENT HOUSE (5+ UNITS) • 7,204 SF
      6417 Crenshaw Blvd, Los Angeles, CA 90043-3911
      View Details
    • Value Estimation
      $760,000
      15,953 SF

      6336 Brynhurst Ave

      APARTMENT HOUSE (5+ UNITS) • 15,953 SF
      6336 Brynhurst Ave, Los Angeles, CA 90043-3811
      View Details
    • Value Estimation by Request
      2,447 SF

      6321 11Th Ave

      Multifamily properties • 2,447 SF
      6321 11Th Ave, Los Angeles, CA 90043
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      54-Unit Apartment Building TOC Project

      54-unit apartment building, two 27-unit buildings, fully sprinklered, affordable housing.
      2705 W Florence Ave, Los Angeles, CA 90043
      View Details
    • $3,295,000
      14,636 SF

      21-Unit Multifamily Investment Opportunity

      Two-property, 21-unit investment opportunity in Los Angeles, CA 90043.
      6509–6510 Brynhurst Ave, Los Angeles, CA 90043
      View Details
    • $1,370,000

      Los Angeles Multifamily Investment Opportunity

      Multifamily property with significant rental upside in Los Angeles.
      6006 Overhill Dr, Los Angeles, CA 90043
      View Details
    • $4,895,000

      24-Unit Multifamily Complex

      24 units on two lots near Inglewood border.
      6736 West Blvd, Los Angeles, CA 90043
      View Details
    • $1,450,000
      5,248 SF

      Los Angeles Multifamily Investment Opportunity

      Well-maintained 8-unit apartment building in central Los Angeles.
      48Th St, Los Angeles, CA 90043
      View Details
    • $3,575,000

      Two-Building Apartment Complex For Sale

      Two 10-unit buildings with upside in rental income.
      3321 74Th St, Los Angeles, CA 90043
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Mixed-Use Retail Spaces

      Retail units in new mixed-use development for lease.
      5144 S Crenshaw Blvd, Los Angeles, CA 90043
      View Details
    • Contact for pricing

      Established Shopping Center Near Rail

      Community shopping center adjacent to Hyde Park Crenshaw/LAX Light Rail.
      3300 West Slauson Ave, Los Angeles, CA 90043
      View Details
    • Contact for pricing

      Retail Space in Angeles Vista

      Retail space available in proposed grocer-anchored development.
      4401 West Slauson Ave, Los Angeles, CA 90043
      View Details
    • $2 SF/Yr
      400 SF

      Refurbished Retail Space Available

      Newly refurbished retail space for rent in Los Angeles.
      3140-3154 W Florence Ave, Los Angeles, CA 90043
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3206 60th St
    Los Angeles, CA 90043-3126
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!