John E Burge

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4301 E 60th StreetHuntington Park, CA 90255

Multi-Family · 4,334 Sq. ft. | 0.13 Acres
$2,000,000 Active

4301 E 60th Street Overview

Time on Site:
430 days
Visits:
1

Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring. Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants.

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4301 E 60th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,334
  • Price/Sq.ft. $461
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Gross Income: 114264.0
  • Gross Scheduled Income: 110952.0
  • Net Operating Income: 87172.0
  • Operating Expense: 23780.0

Listing Information

  • Contingency: none

Building Information

  • New Construction: No
  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 699 - Not Defined
  • Postal City: HUNTINGTON PARK

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Cable TV,Electricity,Gas,Telephone

General Information

  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Submit
  • Parcel Number: 6313031022
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: HPR3YY

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 4334.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: vary
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: See Remarks
  • Levels: Two
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Paved,One Space,Uncovered
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1282
  • Lot Size Area: 5586.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5586.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Number Of Units Leased: 7
    • Number Of Units Total: 7
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Sewer Connected,Water Connected

    4301 E 60th Street Neighborhood

    Community

    90255 (Huntington Park) Demographics

    33
    Median Age
    19,989
    Population Density (per sq. mile)
    12%
    College Educated
    $49,366
    Estimated Median Income
    6,097
    Estimated Total Home Owners
    12,426
    Estimated Total Renters
    33% / 67%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    4301 E 60th Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    4301 E 60th Street Market Data

    Based on the last 30 days in this zip code

    $637,272
    Average List Price
    $514
    Average Price per Square Foot
    6
    Properties Sold
    119
    Average Days on Market
    72
    Properties for Sale
    Calculations provided by Reliance Network

    4301 E 60th Street History

    Date Event Value Agent
    4/25/2025Source: CRMLS Added to Database
    April 25, 2025
    Listing provided courtesy of Castra Realty, IncRENE RAMIREZ- MLS# IV25085582MLS ProviderContact Information: [email protected] - 951-384-0656
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