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614 W 60th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

614 W 60th Street, Los Angeles, California 90044 home-pic-0
ACTIVE$799,000
614 W 60th Street, Los Angeles, California 90044
0Bed
0Bath
4,423Sqft
5,384Lot
Year Built
1912
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$181
HOA
-
Days on market
-
Sold On
-
MLS number
MB25270524
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $799.0K(50th), sqft - 4423(94th), beds - undefined(50th), baths - undefined(50th).

PRICED TO SELL!! Welcome to 614 W 60th Street in Los Angeles, a rare investment opportunity featuring a light-fixer four-plex with strong upside potential. This centrally located property offers 4,423 sq. ft. of living space on a 5,384 sq. ft. lot, with all four units featuring desirable 2-bedroom floor plans that attract consistent rental demand. Two units will be delivered vacant, providing the perfect setup for an owner-occupant to move in and begin renovating while collecting rental income from the other two units to help offset the mortgage. Investors can also take advantage of the immediate ability to update and secure market-rate rents for increased cash flow. The property also includes a basement that provides valuable additional storage space or potential for extra living area, adding even more flexibility and future possibilities. Situated in the heart of Los Angeles near major attractions and economic hubs, the property offers excellent proximity to USC, Exposition Park, BMO Stadium, the Los Angeles Memorial Coliseum, and Downtown LA. Convenient access to the 110 and 10 freeways ensures easy commuting throughout the city, making the location highly appealing to tenants and owners alike. With its value-add potential, prime location, and the unique opportunity to live in one unit and rent the others, this four-unit property is a smart long-term investment in one of LA’s highest-demand rental corridors. Opportunities like this are limited don’t miss your chance to secure a versatile multi-family asset right in the heart of Los Angeles.

Nearby schools

3/10
Sixty-First Street Elementary School
Public,•K-6•0.1mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.5mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.6mi
3/10
Budlong Avenue Elementary School
Public,•K-5•0.7mi
5/10
Estrella Elementary School
Public,•K-5•0.8mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.8mi
2/10
Main Street Elementary School
Public,•K-5•0.9mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.2mi
2/10
Western Avenue Elementary School
Public,•K-5•1.5mi
2/10
John Muir Middle School
Public,•6-8•0.4mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•0.9mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.3mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.9mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.6mi
5/10
Santee Education Complex
Public,•9-12•3.3mi
9/10
Middle College High School
Public,•9-12•4.4mi

Price History

Date
Event
Price
12/04/25
Listing
$799,000
Condition Rating
Poor
Built in 1912, this property is over a century old and shows significant signs of neglect and extreme outdatedness. The kitchen features very old cabinets, tile countertops, and an outdated light fixture, with no modern appliances visible. The bathroom is severely dated with pink/peach wall tiles and old flooring, requiring a complete renovation. Furthermore, the basement exhibits significant ceiling damage, indicating potential structural or water issues. The property requires substantial repairs and rehabilitation to be brought to a livable and modern standard, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Multi-Unit Investment Opportunity: This quadruplex offers a rare investment opportunity with strong upside and value-add potential in a high-demand rental corridor, ideal for generating consistent rental income.
Prime Central Los Angeles Location: Situated in the heart of Los Angeles, the property boasts excellent proximity to major attractions and economic hubs including USC, Exposition Park, BMO Stadium, the LA Memorial Coliseum, and Downtown LA.
Owner-Occupant & Immediate Value-Add Potential: With two units delivered vacant, an owner-occupant can move in and renovate while collecting rent from the other units, or investors can immediately update to secure market-rate rents.
Excellent Freeway Access: Convenient access to the 110 and 10 freeways ensures easy commuting throughout the city, making the location highly appealing to tenants.
Desirable Unit Mix & Additional Space: All four units feature desirable 2-bedroom floor plans, attracting consistent rental demand, and a basement provides valuable additional storage or potential for extra living area.

Cons

Light-Fixer Condition: The property is described as a 'light-fixer,' indicating that renovations and updates are required across the units, which will necessitate additional investment and effort.
Age of Property: Built in 1912, the property is over a century old, suggesting potential for outdated systems, infrastructure, and higher ongoing maintenance costs compared to newer constructions.
Required Capital Investment: Realizing the full potential and securing market-rate rents will require significant upfront capital expenditure for renovations and updates, impacting immediate cash flow.

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