1743 W 60th Place, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
1743 W 60th Place
Los Angeles, California 90047
Property Price
SUMMARY
Analysis of 1743 W 60th Place, Los Angeles, California 90047 is currently available with a list price of $699,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1947, this property shows significant age and neglect. The kitchen features dated wooden cabinets, worn laminate countertops, and an older white refrigerator, with basic, outdated lighting. The bathroom includes a similarly dated vanity, sink, and an old wall heater, indicating an inefficient heating system. Flooring throughout is older ceramic tile. The exterior is worn with faded paint, security bars, and an unkempt yard, suggesting a lack of recent maintenance or updates. The overall condition requires substantial repairs and rehabilitation, aligning with the 'Poor' category, and the listing itself implies the property's value is primarily in its land for redevelopment.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Significant Development Potential
The property boasts a 'HUGE LOT' of 8074 sqft in Los Angeles, explicitly marketed for investors and developers with the potential to 'BUILD MANY UNITS', indicating high land value and future growth opportunities.
- Existing Income-Generating Property
As a '2 UNITS PROPERTY' (duplex), it provides immediate rental income, offering cash flow for investors from the outset while planning for future development.
CONSRISKS & DEFICIENCIES
- Age and Condition of Existing Structure
Built in 1947, the existing 1504 sqft duplex is likely dated and may require substantial renovation or demolition, adding to the initial investment for redevelopment.
- Extensive Redevelopment Required
While a strength for potential, realizing the 'build many units' vision necessitates significant capital outlay for planning, permits, demolition, and new construction, which can be a barrier for some investors.
- Mixed Local School Ratings
Despite one highly-rated high school, several closer elementary and middle schools have lower ratings (1-2), which might be a concern for families prioritizing local school quality for younger children.
About 1743 W 60th Place
SELLER IS READY TO SELL!!! HUGE LOT! IT'S 2 UNITS PROPERTY. DON'T MISS OUT THIS GREAT PROPERTY! GOOD FOR INVESTORS & DEVELOPERS! CAN BUILD MANY UNITS. GREAT LOCATION!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1947
- Lot Size
- 8,074 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Western Avenue Elementary School
Grades K-5 • 0.6 mi
Fifty-Ninth Street Elementary School
Grades K-5 • 0.7 mi
Budlong Avenue Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,504 | 1,926 | 6% |
| Lot Size | 8,074 | 6,278.5 | 89% |
| Price | $699.0K | $830.0K | 17% |
| Price per sq ft | $465 | $410 | 72% |
| Built year | 1947 | 1944 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 192 | 201 | 44% |
Pricing History
Listed for Sale
Aug 26, 2025
$699,000
Initial Listing
Sold
Jun 7, 2010
$232,000
Public Record