$1,900,000
SOLD JUL 18, 2025

4053 E 60th St Huntington Park, CA 90255

6 Beds
6 Baths
5,398 Sq Ft
9,525 Sq Ft Lot

Recently Sold

$352 Per Sq Ft

5% Below List Price

56 Days on Market

About This Home

As of July 2025

First time on the market in 36 years.We are proud to present this great looking 8 unit property in the beautiful city of Huntington Park, Property consists of 8-1 bedroom/1bath units each with a single car garage. Owner has replaced roofs on 2 of the 3 buildings and replaced old windows. Rents are stableized but also have room to improve on monthly income. Perfect for you investor that need an upleg for their exchange.

Last Agent to Sell the Property

Victor Ambriz Jr

Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 02/17/2025

Keller Williams SELA

Last Buyer's Agent

Ramon Chavez

Dreamwork Realty Inc. License #00938353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,721

Year Built

  • Built in 1930

Lot Details

  • 9,525 Sq Ft Lot
  • No Common Walls

Parking

  • 8 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,398 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 3502
  • Assessor Parcel Number 6312027026
  • $2 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,600
  • Trash Expense $3,600
  • Water Sewer Expense $3,000
  • New Taxes Expense $24,987
  • Operating Expense $37,187
  • Gross Income $160,800
  • Net Operating Income $115,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,721

Year Built

Built in 1930

Lot Details

0

Parking

8

Listing Details

  • CapRate: 5.70
  • Price Per Unit: 243625
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: HPR3YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6312027026
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 351.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3600.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9525.00
  • Lot Size Acres: 0.2187

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 160800.00
  • Gross Multiplier: 12.35
  • Gross Operating Income: 152760.00
  • Gross Scheduled Income: 160800.00
  • Insurance Expense: 5600.00
  • Lot Size Area: 9525.0000 Square Feet
  • Net Operating Income: 115573.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 37187.00
  • Rent Control: Yes
  • Total Actual Rent: 13600.00
  • Total Expenses: 37187.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 24987.00
  • Tax Census Tract: 5335.04
  • Tax Lot: 1
  • Tax Tract Number: 3502
  • TaxOtherAnnualAssessmentAmount: 1.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Jun 12, 2025
Sold by
Danny Benitez Living Trust and Benitez Danny
Bought by
J & M Valdez Llc
Seller's Agent
Victor Ambriz Jr
Keller Williams SELA
Buyer's Agent
Ramon Chavez
Dreamwork Realty Inc.
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.45%
Original Mortgage
$850,000
Outstanding Balance
$847,075
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$1,127,925

Purchase Details

Closed on
Oct 5, 2022
Sold by
Benitez Danny
Bought by
Danny Benitez Living Trust

Purchase Details

Closed on
Aug 24, 2001
Sold by
Benitez Danny
Bought by
Duran Arturo Meza and Carpio Cruz Wilfredo
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $1,900,000 Stewart Title Of California In
Deed -- --
Grant Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 New Conventional
Previous Owner $819,000 Negative Amortization
Previous Owner $460,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $1,900,000 -2.5% $352 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $1,949,000 -2.5% $361 / Sq Ft
02/17/2025 02/17/25 For Sale $1,999,000 -- $370 / 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 $10,721 $579,136 $260,129 $319,007
2024 $10,721 $567,781 $255,029 $312,752
2023 $10,540 $556,649 $250,029 $306,620
2022 $10,133 $545,735 $245,127 $300,608
2021 $9,972 $535,035 $240,321 $294,714
2019 $9,923 $519,168 $233,194 $285,974
2018 $9,362 $508,989 $228,622 $280,367
2016 $8,862 $489,227 $219,746 $269,481
2015 $8,715 $481,880 $216,446 $265,434
2014 $8,710 $472,442 $212,207 $260,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25035426

California Regional Multiple Listing Service (CRMLS)

APN: 6312-027-026