600 S Avenue 60 Los Angeles, CA 90042
Montecito Heights NeighborhoodEstimated payment $5,333/month
Highlights
- Corner Lot
- Laundry Room
- 1-Story Property
- No HOA
About This Home
This income-generating duplex offers an excellent investment opportunity in a prime location, featuring two separate units with strong rental potential. The property boasts a well-maintained structure with updated features, including spacious living areas, ample natural light, and functional layouts. The upper and lower units are both 2-bedroom, 1-bathroom configurations, ideal for attracting tenants seeking comfortable, affordable living in the area. Situated in a vibrant and growing neighborhood, the property benefits from proximity to local amenities, public transportation, and major highways, ensuring high demand from renters. With its solid rental history and potential for future appreciation, this duplex is a smart addition to any real estate portfolio.
Listing Agent
Keller Williams Realty-Studio City Brokerage Phone: 818-371-7507 License #02155069 Listed on: 01/29/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 4,000 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,245 Sq Ft Home
- 1-Story Property
- Gas Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 12 / 29
- Tax Tract Number 4
- Assessor Parcel Number 5312010012
- $282 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $1,000
- Net Operating Income $1,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,243 | $591,892 | $417,807 | $174,085 |
| 2024 | $7,243 | $580,287 | $409,615 | $170,672 |
| 2023 | $7,105 | $568,910 | $401,584 | $167,326 |
| 2022 | $6,777 | $557,756 | $393,710 | $164,046 |
| 2021 | $6,693 | $546,821 | $385,991 | $160,830 |
| 2020 | $6,759 | $541,215 | $382,034 | $159,181 |
| 2019 | $6,495 | $530,604 | $374,544 | $156,060 |
| 2018 | $6,411 | $520,200 | $367,200 | $153,000 |
| 2016 | $473 | $32,671 | $12,398 | $20,273 |
| 2015 | $467 | $32,181 | $12,212 | $19,969 |
| 2014 | $481 | $31,551 | $11,973 | $19,578 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Price Changed | $900,000 | -25.0% | $723 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $1,200,000 | 0.0% | $964 / Sq Ft |
| 02/19/2025 02/19/25 | Off Market | $1,200,000 | -- | -- |
| 01/29/2025 01/29/25 | For Sale | $1,200,000 | -- | $964 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25010670
APN: 5312-010-012
- 6011 Pine Crest Dr
- 6018 Monterey Rd
- 644 Milford St
- 6034 Monterey Rd
- 5319 Monterey Rd
- 5805 Monterey Rd
- 6140 Monterey Rd Unit 312
- 6140 Monterey Rd Unit 406
- 6141 Toltec Way
- 624 Redfield Ave
- 5612 Monterey Rd
- 6221 Monterey Rd Unit 304
- 6282 Pine Crest Dr
- 792 Portola Terrace Unit 37
- 573 Kendall Ave
- 898 Temple Terrace Unit 125
- 868 Temple Terrace Unit 31
- 5841 Arroyo Dr
- 6518 Short Way
- 4499 Via Marisol Unit 321
- 6105 Monterey Rd Unit Front
- 6140 Monterey Rd Unit 432
- 4808 Via Colina
- 6311 Monterey Rd
- 6317 Monterey Rd
- 898 Temple Terrace Unit 324
- 5841 Arroyo Dr
- 5920 Benner St
- 4499 Via Marisol Unit 315
- 4499 Via Marisol Unit Top Floor-Monterey Hills
- 4295 Vía Arbolada
- 4275 Via Arbolada Unit 205
- 215 S Avenue 58 Unit 1-2
- 212 S Avenue 58 Unit A
- 4201 Via Marisol Unit 330
- 341 S Avenue 56
- 331 S Avenue 56
- 4260 Via Arbolada Unit 317
- 101 Bridewell St
- 6431 Roble Ave