3236 W 60Th Street

Description

This 21-unit investment opportunity is located in booming Hyde Park, a rapidly gentrifying area due to its vital intra-sector development, and its proximity to Leimert Park's dynamic arts district and to Inglewood's thriving business community. The property is zoned R3 and sits on a large 16,755 square foot lot. The structure boasts a NEW ROOF and NEW ELECTRIC PANELS. The unit-mix consists of 3 two-bedrooms, 17 one-bedrooms, and 1 studio. There are 17 secure parking spaces. All units are individually metered for gas and electricity. The property is within 500 feet of the new Hyde Park/Crenshaw metro line. The structure is seismic-retrofit compliant. The property has a 15% rental upside! Sale is not subject to a 1031 exchange. Seller is motivated!

Listing information courtesy of: Albert Morell, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.