822 W 60th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This property presents a High-Potential Investment Opportunity with a List Price of $980,000—positioned well below the $993,518 Fair Market Value by 1%. This valuation gap offers $13,518 in Instant Equity. With a Condition Rating of 5, this 1890-built duplex features 13 bedrooms and 8 bathrooms, offering exceptional rental density. The fully gated lot and detached 4-car garage provide significant ADU development potential. This asset is ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 822 W 60th Subject | $980,000* List Price | 0 | 0 | 2,957 | $336 | - |
A 829 W 69th Sold | $975,000 | 0 | 0 | 2,593 | $376 | 0.5 mi |
B 906 W 59th Sold | $725,000 | 0 | 0 | 1,916 | $378 | 0.1 mi |
C 1259 W 59th Sold | $690,000 | 0 | 0 | 2,143 | $322 | 0.6 mi |
D 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.8 mi |
E 6111 Menlo Active | $905,000 List Price | 0 | 0 | 3,029 | $299 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1890, this property is marketed as an investment opportunity, which typically indicates significant deferred maintenance. While the exterior has been painted and features some vinyl windows, the reliance on window AC units suggests a lack of modern HVAC systems. Given the extreme age and the high-density configuration (13 bedrooms total), the interior systems and finishes likely require a full rehab to meet modern standards.
High School: Middle College High School (9/10).
With a total of 13 bedrooms and 8 bathrooms across two units, this duplex offers an unusually high density that maximizes potential rental income and appeals to large multi-generational families.
The property features two detached 2-car garages with alley access on a 6,502 sqft lot, providing a prime opportunity for ADU conversions to further increase cash flow and property value.
Built in 1890, this 134-year-old property likely requires substantial ongoing maintenance and may have outdated systems that necessitate significant capital investment for modernization.
The majority of the immediate neighborhood schools are rated between 2 and 3, which may deter family-oriented tenants and impact the long-term appreciation potential of the asset.
Investment opportunity Rare 2 units consisting of a large 7-bedroom, 4-bathroom lower unit and 6-bedroom, 4-bathroom top unit. Large open kitchen, fully gated and 2, detached 2 car garages off the alley. Perfect for ADU addition.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,957 | 2,250 |
| Lot Size | 6,502 | 5,864 |
| Price | $980.0K | $826.7K |
| Price per sq ft | $331 | $395 |
| Built year | 1890 | 1925 |
| HOA | $0 | $0 |
| Days on market | 4 | 83 |
Jul 18, 2026
$980,000
Initial Listing
Aug 30, 2024
$900,000
Public Record
Oct 3, 2019
$650,000
Public Record
Nov 20, 2018
$478,000
Public Record