NOT LISTED FOR SALE

236 E 60th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $771,000 - $979,256

7 Beds
4 Baths
2,176 Sq Ft
$394/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2019

Last sale price $615,000 $283 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,422 / mo

9 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Tile Flooring
  • Fireplace in Primary Bedroom
  • Cooling System Powered By Gas
  • Ceiling Fan

About This Home

As of December 2019

RED HOT DTLA DUPLEX.. We present an excellent opportunity to own a multi family investment property to live in one or for the investor who wants solid rents. Front unit 4 bedroom 2 bathrooms is currently occupied by the Seller. Rear unit is updated and in turn key condition with 3 bedrooms and 2 bathrooms and can rent for $2400. Building amenities include individual water heaters, wrought iron secured entry and gate, two single car garage parking spaces with additional on-site parking and property is separately metered for gas and electricity. Don't miss this opportunity.

Last Agent to Sell the Property

J. Art Minchaca

Excellence RE Real Estate License #01896986 Listed on: 10/15/2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,129 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • City Lights Views
  • Fireplace in Kitchen
  • Laundry in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms
  • Fireplace in Bathroom

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Heating Available
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 182
  • Tax Tract Number 6006
  • Assessor Parcel Number 6006008008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $780
  • Water Sewer Expense $900
  • New Taxes Expense $7,847
  • Operating Expense $10,477
  • Net Operating Income $14,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

5,129 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6006008008
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Accessibility Features: See Remarks
  • Fireplace Features: Bath, Kitchen, Living Room, Primary Bedroom
  • Levels: One
  • Price Per Square Foot: 282.63
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5129.00
  • Lot Size Acres: 0.1177

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 950.00
  • Lot Size Area: 5129.0000 Square Feet
  • Net Operating Income: 14700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 900.00
  • Rent Control: Yes
  • Total Actual Rent: 1300.00
  • Total Expenses: 10477.00

Tax Info

  • New Taxes Expense: 7847.00
  • Tax Census Tract: 2392.02
  • Tax Lot: 182
  • Tax Tract Number: 6006

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 5, 2019
Sold by
Bought by
Seller's Agent
J. Art Minchaca
Excellence RE Real Estate
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Current Estimated Value
$856,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,814
Avg. Annual Appreciation
5.14%
Original Mortgage
$606,906
Outstanding Balance
$522,188
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$334,626

Purchase Details

Closed on
Jun 28, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,027
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,027
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,027
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2008
Sold by
Bought by

Purchase Details

Closed on
May 8, 2008
Sold by
Bought by

Purchase Details

Closed on
May 17, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.79%

Purchase Details

Closed on
Feb 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.79%

Purchase Details

Closed on
Oct 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.88%

Purchase Details

Closed on
Mar 21, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Florence, CA

  • Vania Rincon Real Estate Agent - EstateX inc.

    Vania Rincon

    EstateX inc.

    (855) 926-9843

    47 Total Sales

    1 in Florence

    $975,000 Price

    Vania Rincon
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  • Nancy Huang Real Estate Agent - Coldwell Banker Envision

    Nancy Huang

    Responds Quickly

    Coldwell Banker Envision

    (657) 325-2135

    45 Total Sales

    1 in Florence

    $1,050,000 Price

    Nancy Huang
     Section Image
  • Gabriel Diaz Real Estate Agent - Pak Home Realty

    Gabriel Diaz

    Pak Home Realty

    (213) 463-6037

    18 Total Sales

    2 in Florence

    $390,000 Price Range

    Gabriel Diaz
     Section Image
  • Anthony Galeano Real Estate Agent - TerraNova Real Estate Group Inc.

    Anthony Galeano

    TerraNova Real Estate Group Inc.

    (424) 499-1941

    6 Total Sales

    1 in Florence

    $988,000 Price

    Anthony Galeano
     Section Image
  • Patricia Ramirez Real Estate Agent - Century 21 Allstars

    Patricia Ramirez

    Century 21 Allstars

    (562) 526-0839

    55 Total Sales

    1 in Florence

    $670,000 Price

    Patricia Ramirez
     Section Image
  • Silvestre Medel Real Estate Agent - Excellence RE Real Estate, Inc.

    Silvestre Medel

    Excellence RE Real Estate, Inc.

    (858) 256-8987

    56 Total Sales

    3 in Florence

    $750K - $1.1M Price Range

    Silvestre Medel
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$618,000 Fidelity National Title
-- Investors Title Company
$299,000 Investors Title Company
$181,000 Ticor Title
-- Accommodation
$399,598 None Available
-- None Available
-- None Available
$650,000 Gateway Title Company Orange
-- Southland Title
$265,000 Southland Title Corporation
$120,000 Lawyers Title Company
-- First American Title Ins Co
$141,248 First American Title Co
-- --
$119,000 Southland Title Corporation
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $606,906
Previous Owner $79,621
Previous Owner $295,027
Previous Owner $295,027
Previous Owner $170,000
Previous Owner $130,000
Previous Owner $520,000
Previous Owner $432,000
Previous Owner $340,200
Previous Owner $238,500
Previous Owner $184,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $615,000 +2.5% $283 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $599,900 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,438 $675,869 $437,456 $238,413
2024 $8,325 $662,618 $428,879 $233,739
2023 $8,168 $649,626 $420,470 $229,156
2022 $7,792 $636,889 $412,226 $224,663
2021 $7,691 $624,402 $404,144 $220,258
2019 $4,381 $343,396 $120,589 $222,807
2018 $4,279 $336,664 $118,225 $218,439
2016 $4,073 $323,592 $113,635 $209,957
2015 $4,016 $318,733 $111,929 $206,804
2014 $4,040 $312,490 $109,737 $202,753
Source: Public Records

Agents Affiliated with this Home

  • J. Art Minchaca Real Estate Agent - Excellence RE Real Estate

    Seller's Agent in 2019

    J. Art Minchaca

    Excellence RE Real Estate

    (323) 908-7261

    30 Total Sales

    J. Art Minchaca
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19243449

California Regional Multiple Listing Service (CRMLS)

APN: 6006-008-008

California Los Angeles County Los Angeles 90003 Florence

236 E 60th St, Los Angeles, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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