1513 W 60th Street, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath

ACTIVE$650,000
1513 W 60th Street, Los Angeles, California 90047
2Beds
1Bath
816Sqft
3,360Lot
Year Built
1928
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$797
HOA
-
Days on market
-
Sold On
-
MLS number
SR25246743
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $650.0K(35th), sqft - 816(4th), beds - 2(27th), baths - 1(32th).
Welcome to this inviting 2-bedroom, 1-bath home offering 816 sqft of comfortable living space. Featuring a bright and functional layout, this property is perfect for first-time buyers or investors looking for a great opportunity in a convenient location. The home includes a spacious living area, a practical kitchen, and a large backyard with endless potential for outdoor entertaining, expansion, or an ADU. This home combines value and accessibility in the heart of Los Angeles.
Nearby schools
3/10
Budlong Avenue Elementary School
Public,•K-5•0.4mi
2/10
Western Avenue Elementary School
Public,•K-5•0.6mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.0mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.0mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.2mi
2/10
John Muir Middle School
Public,•6-8•0.7mi
1/10
Horace Mann Junior High School
Public,•6-8•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.7mi
9/10
Middle College High School
Public,•9-12•5.1mi
Price History
Date
Event
Price
10/29/25
Listing
$650,000
11/25/15
Sold
$249,500
07/14/09
Sold
$75,000
02/10/05
Sold
$275,000
Condition Rating
Fair
Built in 1928, this property is nearly a century old. While the exterior appears to have some recent cosmetic updates (fresh paint), the unfinished/worn deck suggests deferred maintenance or an incomplete project. The MLS description mentions a 'practical kitchen' and 'potential' for the backyard, implying that major interior areas like the kitchen and bathroom are likely functional but outdated and would require significant updates to meet modern standards. Without interior photos, it's difficult to assess specific features, but the age and general description point to a home that is aged but maintained, requiring minor updates and repairs rather than substantial rehabilitation.
Pros & Cons
Pros
Prime Location: Situated in the 'heart of Los Angeles,' the property offers a convenient and accessible location, appealing to a broad range of buyers.
ADU & Expansion Potential: The large 3,360 sqft backyard provides significant opportunity for outdoor entertaining, expansion of the existing home, or the addition of an Accessory Dwelling Unit (ADU), enhancing future value.
Broad Market Appeal: Explicitly marketed as 'perfect for first-time buyers or investors,' the property targets two key buyer segments, increasing its marketability.
Functional Layout: Despite its modest size, the home features a 'bright and functional layout,' suggesting efficient use of space and comfortable living.
Valuable Lot Size: A 3,360 sqft lot in Los Angeles is a considerable asset, supporting the potential for outdoor living, landscaping, and future development.
Cons
Limited Living Space: With only 816 sqft, the interior living space is relatively small for a 2-bedroom home, which may be a constraint for buyers seeking more room or growing families.
Age of Property & Potential Updates: Built in 1928, the home is nearly a century old, potentially indicating a need for significant updates to systems, infrastructure, or aesthetics to meet modern standards and preferences.
Listing Price Above Estimated Value: The current list price of $650,000 is approximately 7% higher than the estimated property value of $603,929, which could impact buyer perception of value and negotiation.