NOT LISTED FOR SALE

1727 E 60th St Los Angeles, CA 90001

Estimated Value: $642,000 - $727,000

3 Beds
3 Baths
1,976 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $600,000 $304 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,454/month

11 Days on Market

Highlights

  • Fireplace in Kitchen
  • Granite Countertops
  • Tile Flooring
  • Linda Esperanza Marquez High School Rated A-
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of November 2023

Great investment property, 3 units well maintained and remodeled. Newer copper plumbing, newer electrical, double paned windows. Updated kitchens and bathrooms and floors. First building is 1727-1729 60th St, 2nd building is on Junction. 3 units total with separate meters. Close to freeways, 10/110/105, 4 miles from downtown LA, 20 minutes from USC, 21 minutes to SOFI stadium. Close to restaurants, parks, shopping and local transportation

Last Agent to Sell the Property

Patricia Lowe

West Shores Realty, Inc. License #01324584 Listed on: 08/18/2023

West Shores Realty, Inc.

Last Buyer's Agent

Patricia Lowe

West Shores Realty, Inc. License #01324584 Listed on: 08/18/2023

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,926

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,281 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 7
  • Assessor Parcel Number 6009006001
  • $1,527 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $264
  • Water Sewer Expense $1,764
  • New Taxes Expense $900
  • Operating Expense $2,581
  • Gross Income $28,800
  • Net Operating Income $23,421

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,926

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.44
  • Other Phone Description: 4085942222
  • Price Per Unit: 226667
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1764.00
  • Zoning: LCR4YY
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6009006001
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Entry Location: 1727
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Fireplace Features: Kitchen, Living Room, Electric
  • Levels: One
  • Price Per Square Foot: 303.64
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 264.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5281.00
  • Lot Size Acres: 0.1212

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 28800.00
  • Gross Operating Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5281.0000 Square Feet
  • Net Operating Income: 23421.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5379.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 2581.00

Tax Info

  • New Taxes Expense: 900.00
  • Tax Block: 7
  • Tax Census Tract: 5327.00
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 1527.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 9, 2023
Sold by
Minoofar Melinda
Bought by
Shahri Farbod
Seller's Agent
Patricia Lowe
West Shores Realty, Inc.
Buyer's Agent
Patricia Lowe
West Shores Realty, Inc.
List Price
$680,000
Sold Price
$600,000
Premium/Discount to List
-$80,000
-11.76%
Views
253
Current Estimated Value
$680,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,864
Avg. Annual Appreciation
7.45%
Original Mortgage
$450,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 3, 2023
Sold by
Hernandez Francisco J
Bought by
Sabzerou Daniel Abraham and Shahri Farbod
Seller's Agent
Patricia Lowe
West Shores Realty, Inc.
Buyer's Agent
Patricia Lowe
West Shores Realty, Inc.
List Price
$680,000
Sold Price
$600,000
Premium/Discount to List
-$80,000
-11.76%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Miranda Cirila A
Bought by
Hernandez Francisco J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shahri Farbod -- Ticor Title Company
Sabzerou Daniel Abraham $600,000 Ticor Title Company
Hernandez Francisco J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East 60Th St Properties Llc $612,150
Closed Sabzerou Daniel Abraham $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $600,000 -11.8% $304 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $680,000 -- $344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,926 $612,000 $408,000 $204,000
2024 $8,926 $600,000 $400,000 $200,000
2023 $1,910 $31,036 $14,575 $16,461
2022 $1,877 $30,429 $14,290 $16,139
2021 $1,850 $29,833 $14,010 $15,823
2020 $1,848 $29,528 $13,867 $15,661
2019 $1,823 $28,950 $13,596 $15,354
2018 $1,695 $28,383 $13,330 $15,053
2016 $1,623 $27,282 $12,813 $14,469
2015 $1,608 $26,873 $12,621 $14,252
2014 $1,621 $26,347 $12,374 $13,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23154317

California Regional Multiple Listing Service (CRMLS)

APN: 6009-006-001