3663 W 60th Street, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath

3663 W 60th Street, Los Angeles, California 90043 home-pic-0
ACTIVE$994,000
3663 W 60th Street, Los Angeles, California 90043
3Beds
1Bath
1,308Sqft
5,866Lot
Year Built
1924
Close
-
List price
$994K
Original List price
$994K
Price/Sqft
$760
HOA
-
Days on market
-
Sold On
-
MLS number
25524539
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $994.0K(56th), sqft - 1308(30th), beds - 3(50th), baths - 1(22th).

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,K-50.6mi
2/10
Yes Academy
Public,K-50.7mi
4/10
Centinela Elementary School
Public,K-60.8mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.0mi
3/10
Angeles Mesa Elementary School
Public,K-51.1mi
3/10
Windsor Hills Math Science
Public,K-51.2mi
1/10
Lane (Warren) Elementary School
Public,K-61.5mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.5mi
2/10
Forty-Second Street Elementary School
Public,K-51.7mi
1/10
Horace Mann Junior High School
Public,6-81.6mi
2/10
Audubon Middle School
Public,6-81.7mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.9mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.1mi
2/10
Crozier (George W.) Middle School
Public,7-82.3mi
/10
Monroe (Albert F.) Middle School
Public,6-83.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.9mi
2/10
Inglewood High School
Public,9-122.0mi
2/10
George Washington Preparatory High School
Public,9-123.8mi
9/10
Middle College High School
Public,9-126.5mi
Condition Rating
Poor

Built in 1924, this property is 100 years old with no apparent major renovations in the last 50 years. The images reveal a severely outdated kitchen with old appliances, laminate/tile countertops, and basic cabinetry, requiring a full gut renovation. The single bathroom is equally dated with old fixtures and tiling. The lack of mention of updated major systems (HVAC, electrical, plumbing) for a home of this age suggests they are likely original or very old and would require substantial replacement. While the structure appears sound, the interior condition, particularly the kitchen and bathroom, necessitates significant repairs and rehabilitation to meet modern living standards, making it uncomfortable in its current state.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Prime Location: Situated in the desirable Park Hills Heights (PHHT) area of Los Angeles, offering strong neighborhood appeal and potential for appreciation.
Generous Lot Size: The 5866 sqft lot provides ample outdoor space for landscaping, potential expansion, or the addition of an Accessory Dwelling Unit (ADU), a significant value-add in the current market.
Classic Architectural Charm: Built in 1924, the property likely retains original architectural details and character, appealing to buyers seeking historic charm and a unique aesthetic.
Functional Layout: The 3-bedroom configuration offers a practical and sought-after layout for families or individuals needing extra space.
Significant Value-Add Potential: The property presents a substantial opportunity for a buyer to customize and modernize, allowing for increased equity through strategic renovations and upgrades.

Cons

Single Bathroom Configuration: The property features only one bathroom for three bedrooms, a significant functional and market disadvantage compared to most updated comparables in the area, which typically offer two or more.
Substantial Overpricing Relative to Market Estimates: The current list price of $994,000 is considerably higher than the estimated value of $674,919.15 (a 32% difference), suggesting a potential overvaluation that could deter buyers and prolong market time.
Lack of Modern Systems and Amenities: Without explicit mention of recent upgrades to major systems (e.g., HVAC, electrical, plumbing, roof) or modern amenities, the property likely requires significant investment to meet contemporary buyer expectations and compete with recently renovated homes in the vicinity.

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