Seller's Agent in 2024
Luis Gallegos
Keller Williams Pacific Estates
(562) 355-5489
1 in this area
31 Total Sales
1560 E 60th St Los Angeles, CA 90001
Estimated Value: $863,802 - $986,000
8
Beds
4
Baths
2,717
Sq Ft
$335/Sq Ft
Est. Value
About This Home
As of June 2024Welcome to this fabulous investment opportunity. Whether you're seeking a stable rental income stream or looking to expand your investment portfolio, this property offers immense potential and value. This Quadruplex is Nestled in the heart of Los Angeles near Downtown. The Quadruplex consist of four separate buildings, each unit features 2 spacious bedrooms, providing an ideal living space for tenants. Unit 1554 2bed 2bath Unit 1558 2bed 1bath Unit 1560 2bed 1bath and Unit 1566 2bed 1bath. The strategic location ensures a high demand for rental units, making it a valuable asset for any owner or investor. Schedule a viewing and explore the endless possibilities that await with this prime investment opportunity!
Last Agent to Sell the Property
Keller Williams Pacific Estates Brokerage Phone: 562-355-5489 License #01806981 Listed on: 02/29/2024
Last Buyer's Agent
Keller Williams Pacific Estates Brokerage Phone: 562-355-5489 License #01806981 Listed on: 02/29/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 7,932 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,717 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Driveway
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 45
- Tax Tract Number 533
- Assessor Parcel Number 6008041001
- $2,014 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
May 29, 2024
Sold by
Torres Jonathan
Bought by
Sacks Enterprises Inc
Seller's Agent
Luis Gallegos
Keller Williams Pacific Estates
Buyer's Agent
Luis Gallegos
Keller Williams Pacific Estates
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,980
Avg. Annual Appreciation
2.33%
Original Mortgage
$650,000
Outstanding Balance
$641,941
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$269,260
Purchase Details
Closed on
Jul 23, 2019
Sold by
Messieh Maria E
Bought by
Messieh Maria E and Maria E Messieh Living Trust
Purchase Details
Closed on
Aug 23, 2004
Sold by
Sedano Benjamin A and Sedano Carmen R
Bought by
Messieh Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 1996
Sold by
Sedano Carmen Rosa
Bought by
Sedano Carmen Rosa
Purchase Details
Closed on
Jul 21, 1993
Sold by
Aguirre Maria Magdalena
Bought by
Sedano Benjamin A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sacks Enterprises Inc | -- | -- | |
| Torres Jonathan | $875,000 | Pacific Coast Title Company | |
| Messieh Maria E | -- | None Available | |
| Messieh Maria E | $419,000 | Southland Title | |
| Sedano Carmen Rosa | -- | -- | |
| Sedano Benjamin A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Jonathan | $650,000 | |
| Previous Owner | Messieh Maria E | $333,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $875,000 | 0.0% | $322 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | Off Market | $875,000 | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $850,000 | -2.9% | $313 / Sq Ft |
| 03/25/2024 03/25/24 | Off Market | $875,000 | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $850,000 | -- | $313 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,161 | $892,500 | $397,800 | $494,700 |
| 2024 | $9,161 | $572,584 | $266,477 | $306,107 |
| 2023 | $8,682 | $561,357 | $261,252 | $300,105 |
| 2022 | $8,322 | $550,351 | $256,130 | $294,221 |
| 2021 | $8,227 | $539,560 | $251,108 | $288,452 |
| 2020 | $8,280 | $534,029 | $248,534 | $285,495 |
| 2019 | $7,999 | $523,559 | $243,661 | $279,898 |
| 2018 | $7,816 | $513,294 | $238,884 | $274,410 |
| 2017 | $7,673 | $503,230 | $234,200 | $269,030 |
| 2016 | $7,495 | $493,363 | $229,608 | $263,755 |
| 2015 | $7,388 | $485,954 | $226,160 | $259,794 |
| 2014 | $7,398 | $476,435 | $221,730 | $254,705 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Gallegos
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24041542
APN: 6008-041-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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