138 E 60th Street, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Turnkey Residential Income Duplex is listed at $889,000, representing a premium asset with a Condition Rating of 2 following extensive modern renovations. While positioned above the $782,094 Fair Market Value, the property delivers immediate value through vacant delivery of both 3-bedroom units and significant Value-Add Potential via a four-car garage suited for an ADU conversion. Featuring white shaker cabinets, quartz countertops, and recessed lighting, the units meet high quality standards with no deferred maintenance. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a polished, income-ready asset in Mid Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 E 60th Street Subject | $889,000* List Price | 0 | 0 | 1,375 | $569 | - |
A 440 W 68th Street Sold | $835,000 | 5 | 3 | 1,428 | $585 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1921, the property has undergone an extensive recent renovation within the last 5 years. The interior features modern kitchen updates including white shaker cabinets, quartz countertops, and stainless steel appliances, along with updated bathrooms, new laminate flooring, recessed lighting, and fresh paint throughout, meeting current quality standards with no visible deferred maintenance.
Both units are delivered vacant, allowing a new owner to immediately lease at current market rates without the complications of existing rent-controlled tenancies or relocation costs.
The property includes a spacious four-car garage and a storage room with ADU potential, offering a significant opportunity to increase the total unit count and maximize monthly cash flow.
Newly updated and well-maintained by the current owners, this duplex minimizes immediate capital expenditure requirements, making it an attractive option for passive investors.
The property was recently sold within the past year on 2025-07-31. The sold price is $600,000.00.
With only 1,375 total square feet for two 3-bedroom units, the individual room sizes are likely very small, which may limit the property's appeal to families and long-term tenants.
Originally built in 1921, the property may have underlying aging systems typical of its era that could require more frequent maintenance compared to modern constructions.
Don't miss this income opportunity to own a wonderful duplex in LA with extras!! Newly updated and properly maintained by its owners. Duplex features 2 units with individual address, each with 3 bedrooms and 1 bathroom, a storage room and spacious 4 car garage. ADU with potential for even more rental income. Both Units are vacant....
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,375 | 2,120 | 14% |
| Lot Size | 5,131 | 5,202 | 41% |
| Price | $889.0K | $760.0K | 68% |
| Price per sq ft | $647 | $362 | 95% |
| Built year | 1921 | 1927 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 197 | 8% |
Feb 28, 2026
$889,000
Initial Listing
Jul 31, 2025
$600,000
Public Record
May 19, 2017
$400,000
Public Record