3815 W 60th Street, Los Angeles, California 90043, Los Angeles, 90043 - 6 bed, 4 bath
ACTIVE$1,249,000
3815 W 60th Street, Los Angeles, California 90043
6Beds
4Baths
2,622Sqft
5,242Lot
Price Vs. Estimate
The estimated value ($1,249,000) is $0 (0%) lower than the list price ($1,249,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property features three separate living spaces, including a detached ADU, offering significant rental income potential or flexible multigenerational living arrangements.
Top Cons:
Age of Property: Built in 1923, despite being remodeled, an older foundation and underlying infrastructure might still present unforeseen maintenance challenges or require specialized upkeep.
Compared to the nearby listings
Price:$1.25M vs avg $850.0K (+$399,000)78%
Size:2,622 sqft vs avg 1,496 sqft94%
Price/sqft:$476 vs avg $64715%
More Insights
Built in 1923 (102 years old).
Condition: Despite being built in 1923, the property has undergone a 'fully remodeled' and 'completely remodeled' renovation, as stated in the description and evidenced by the images. The kitchen features new light wood cabinetry, white quartz countertops, modern stainless steel appliances, and recessed lighting. All bathrooms are updated with contemporary vanities, gold-tone fixtures, modern tiling, and new lighting. The flooring throughout is new, consisting of light wood-look planks and some fresh carpeting. The presence of paid-off solar further indicates significant recent upgrades. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Year Built
1923
Close
-
List price
$1.25M
Original List price
$1.29M
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
25558601
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
New Price!! Fully Remodeled Spanish-Style Home with Paid-Off Solar + ADU! Don't miss this rare opportunity to own a completely remodeled 6-Bed, 4-Bath home with three separate living spaces, perfect for multigenerational living or investors seeking rental income! Main Floor (1,589 sq ft): 3 bedrooms, 2 baths, bright open-concept living area. Upstairs Retreat (602 sq ft): 2 bedrooms + 1 bath, balcony off the larger bedroom, ideal for guests, extended family, or a private master suite. Detached ADU (431 sq ft): Converted 2-car garage with full living space provides great rental potential or home office. Total Living Space: 2,622 sq ft Highlights include: Paid-Off Solar on main house; Spacious backyard for entertaining; Prime location near SoFi Stadium, Intuit Dome, and Crypto.com Arena (Staples Center); Eligible for $20,000 Grant + Special Financing through City National Bank's Ladder Up Program! This home is a must-see. Whether you're purchasing for yourself, your family, or an investor, this property checks all the boxes. Schedule your private showing today.
Nearby schools
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.5mi
4/10
Centinela Elementary School
Public,•K-6•0.6mi
2/10
Yes Academy
Public,•K-5•0.8mi
3/10
Windsor Hills Math Science
Public,•K-5•1.1mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.2mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.3mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.6mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.7mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.8mi
2/10
Audubon Middle School
Public,•6-8•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.1mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.1mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.0mi
2/10
Inglewood High School
Public,•9-12•1.9mi
2/10
George Washington Preparatory High School
Public,•9-12•3.9mi
9/10
Middle College High School
Public,•9-12•6.6mi
Price History
Date
Event
Price
06/14/24
Sold
$875,000
Condition Rating
Excellent
Despite being built in 1923, the property has undergone a 'fully remodeled' and 'completely remodeled' renovation, as stated in the description and evidenced by the images. The kitchen features new light wood cabinetry, white quartz countertops, modern stainless steel appliances, and recessed lighting. All bathrooms are updated with contemporary vanities, gold-tone fixtures, modern tiling, and new lighting. The flooring throughout is new, consisting of light wood-look planks and some fresh carpeting. The presence of paid-off solar further indicates significant recent upgrades. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Income-Generating Potential: The property features three separate living spaces, including a detached ADU, offering significant rental income potential or flexible multigenerational living arrangements.
Extensive Remodel: Described as a 'Fully Remodeled Spanish-Style Home,' it suggests modern updates and reduced immediate maintenance concerns for buyers.
Energy Efficiency: The inclusion of 'Paid-Off Solar on main house' provides substantial savings on utility bills and enhances the property's long-term value.
Prime Entertainment Hub Location: Its proximity to major venues like SoFi Stadium, Intuit Dome, and Crypto.com Arena offers lifestyle benefits and potential for appreciation.
Financial Incentives: Eligibility for a '$20,000 Grant + Special Financing through City National Bank's Ladder Up Program' makes this property more accessible and attractive to a wider range of buyers.
Cons
Age of Property: Built in 1923, despite being remodeled, an older foundation and underlying infrastructure might still present unforeseen maintenance challenges or require specialized upkeep.
Mixed School Ratings: Several nearby public schools have lower ratings (1 or 2), which could be a drawback for families prioritizing top-tier public education.
Recent Price Reduction: The recent price drop from $1,288,888 to $1,249,000 suggests the property may have faced challenges attracting buyers at its initial price point, potentially indicating market resistance or perceived overvaluation.