1537 W 60th, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath
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Los Angeles, California 90047
This Value-Add Residential Asset is listed at $640,000, representing a stable entry into the Los Angeles market near its $587,236 Fair Market Value. The property features a Condition Rating of 4, highlighted by a critical 2022 sewer line replacement that ensures long-term infrastructure reliability. Situated on a 3,360 sq. ft. lot, the home offers significant expansion or ADU potential to drive future appreciation. With proximity to the 9/10 rated Middle College High School, this is a prudent choice for Buy-and-Hold Investors or first-time buyers seeking a functional home with clear value-add upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1537 W 60th Subject | $625,000* List Price | 2 | 1 | 924 | $631 | - |
A 6030 W Wilton Sold | $525,000 | 2 | 1 | 744 | $706 | 0.6 mi |
B 1619 1619 W 68th Sold | $505,000 | 2 | 1 | 735 | $687 | 0.6 mi |
C 2065 W 65th Sold | $566,000 | 2 | 1 | 1,096 | $516 | 0.8 mi |
D 1831 W 68th Street Sold | $620,000 | 2 | 1 | 1,008 | $615 | 0.7 mi |
E 1619 W 71st Street Sold | $620,000 | 2 | 1 | 1,034 | $600 | 0.7 mi |
F 1513 W 60th Street Active | $635,000 List Price | 2 | 1 | 816 | $778 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1921 bungalow that appears functional but significantly dated. While it features a critical 2022 sewer line upgrade, the interior—specifically the kitchen and bathroom—shows older tile countertops, basic white appliances, and aged fixtures. The home reflects regular upkeep rather than a modern renovation, making it move-in ready but in need of cosmetic and system updates to meet current market standards.
High School: Middle College High School (9/10).
The sewer line was fully replaced in 2022 from the home to the city connection, mitigating one of the most common and expensive maintenance risks associated with older properties.
The property boasts excellent accessibility to major Los Angeles freeways, public transportation, and local amenities, making it a highly convenient hub for commuters.
Originally built in 1921, the home likely requires modernization of its primary systems and interior finishes to meet contemporary energy efficiency and aesthetic standards.
The assigned neighborhood schools currently hold low performance ratings, which may impact the property's appeal to families prioritizing high-ranking educational districts.
Opportunity awaits in this centrally located Los Angeles home offering comfort, versatility, and excellent potential! This 2-bedroom, 1-bath residence features approximately 924 sq. ft. of living space with a functional layout and abundant natural light throughout. Situated on a 3,360 sq. ft. lot, the outdoor space provides room to relax, entertain, or customize to fit your lifestyle needs. A major improvement includes the sewer line replacement completed in 2022 from the home to the city connection, providing added peace of mind for future ownership. Conveniently located near shopping, dining, parks, public transportation, and major freeway access, this property offers accessibility to everything Los Angeles has to offer. Whether you are looking for a primary residence or an investment opportunity with added potential, this home presents exceptional value in a desirable Los Angeles location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 924 | 1,369 | 8% |
| Lot Size | 3,360 | 5,264 | 4% |
| Price | $625.0K | $745.0K | 25% |
| Price per sq ft | $676 | $522 | 85% |
| Built year | 1921 | 1930 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 177 | 8% |
Apr 4, 2026
$625,000
$640,000
-2% Price Drop
Initial Listing
Feb 6, 2026
$640,000
Initial Listing
Dec 17, 2021
$576,000
Public Record
May 28, 2021
$442,000
Public Record