$1,275,000
SOLD DEC 12, 2017

240 E 60th St Los Angeles, CA 90003

Florence Neighborhood
20 Beds
10 Baths
8,864 Sq Ft
9,240 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

15% Below List Price

33 Days on Market

Highlights

  • SEER Rated 13-15 Air Conditioning Units
  • Laundry Room
  • Rectangular Lot

About This Home

As of August 2024

GREAT OPPORTUNITY! 10 Units, 20 Bedrooms 10 Bathrooms, Centrally Located! More Photos & Property Details To Come! Just Listed!!

Last Agent to Sell the Property

Pablo Hernandez

The Network Agency License #01902124 Listed on: 10/12/2017

Co-Listed By

Nikita Brown

P3 Realty Inc License #01357556

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,240 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • 8,864 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Laundry Room
  • SEER Rated 13-15 Air Conditioning Units

Listing and Financial Details

  • Tax Lot 181
  • Assessor Parcel Number 6006008006

Community Details

Building Details

  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,000
  • Fuel Expense $600
  • Insurance Expense $1,500
  • Professional Management Expense $200
  • Trash Expense $6,000
  • Water Sewer Expense $6,500
  • New Taxes Expense $6,500
  • Operating Expense $27,200
  • Gross Income $68,164
  • Net Operating Income $66,664

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Professional Management Expense: 200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6500.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6006008006
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 143.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 6000.00
  • Water Source: Public
  • Cooling: Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9240.00
  • Lot Size Acres: 0.2121

Multi Family

  • Electric Expense: 6000.00
  • Fuel Expense: 600.00
  • Gross Income: 68164.00
  • Gross Scheduled Income: 93864.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 9240.0000 Square Feet
  • Net Operating Income: 66664.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Number With Range: 10
  • Operating Expense: 27200.00
  • Rent Control: Yes
  • Total Expenses: 27200.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 2392.02
  • Tax Lot: 181

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $1,950,000 +9.9% $220 / Sq Ft
08/27/2024 08/27/24 Sold $1,775,000 -4.1% $200 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $1,850,000 +45.1% $209 / Sq Ft
12/12/2017 12/12/17 Sold $1,275,000 -15.0% $144 / Sq Ft
10/12/2017 10/12/17 For Sale $1,500,000 -- $169 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chase Simonton

    Seller's Agent in 2025

    Chase Simonton

    RE/MAX

    (310) 383-5927

    81 Total Sales

    Chase Simonton
    Section Image
  • Robert Carlile

    Seller Co-Listing Agent in 2025

    Robert Carlile

    RE/MAX

    (818) 346-7362

    15 Total Sales

    Robert Carlile
    Section Image
  • Max Berger

    Seller's Agent in 2024

    Max Berger

    Compass

    (310) 953-4562

    2 in this area

    33 Total Sales

    Max Berger
    Section Image
  • Pablo Hernandez

    Seller's Agent in 2017

    Pablo Hernandez

    The Network Agency

    (310) 923-6160

    33 Total Sales

    Pablo Hernandez
    Section Image

  • N

    Seller Co-Listing Agent in 2017

    Nikita Brown

    P3 Realty Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17232165

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90003 Florence

240 E 60th St, Los Angeles, CA

This home is located at 240 E 60th St, Los Angeles, CA 90003 and is currently priced at $1,275,000, approximately $143 per square foot. This property was built in 1965. 240 E 60th St is a home located in Los Angeles County with nearby schools including Mary McLeod Bethune Middle School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and Aspire Slauson Academy.

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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