240 E 60th St, Los Angeles, CA 90003
Property image
Property image
SOLD
DEC 31, 2025

240 E 60th St
Los Angeles, CA 90003

Southeast Los Angeles
  • 23 Beds
  • 10 Baths
  • 8,864 sqft

$1,735,000

Last Sold: Dec 31, 2025
4% below list $1.8M
$196/sqft
Est. Refi. Payment $10,545/mo*
Refinance Your Home

$1,735,000

Last Sold: Dec 31, 2025
4% below list $1.8M
$196/sqft
Est. Refi. Payment $10,545/mo*
Refinance Your Home
23 Beds
10 Baths
8,864 sqft

Local Information

  • Map ViewExplore the area around 240 E 60th St.
  • Schools3 Elementary Schools1 Middle School6 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

(8.23 GRM / 7.70 CAP RATE w/ 48% REMAINING RENTAL UPSIDE) MASSIVE UNITS $203.07 PRICE/SQFT This 10-unit multifamily opportunity with strong in-place income and nearly 48% rental upside. The property features a desirable unit mix of seven (7) 2-Bed/1-Bath and three (3) 3-Bed/1-Bath units, all generously sized with a total building area of 8,864 SF on a 9,240 SF lot.Currently, three units are vacant and fully renovated (1 2-Bed/1-Bath and two 3-Bed/1-Bath), providing immediate leasing potential and a head start on capturing market rents. The building is further enhanced with 6 on-site parking spaces and the seismic retrofit already completed, saving a new owner both cost and compliance concerns.Attractive metrics include a 7.01% CAP rate, 8.92 GRM, and $219.99 price per SF, with significant upside remaining through unit turnover. Zoned LAR2, the property offers long-term redevelopment potential in addition to its strong cash flow profile.240 E 60th Street is a turnkey value-add opportunity in a rapidly improving pocket of South Los Angeles, ideal for investors seeking stable income, immediate upside, and long-term growth.
240 E 60th St, Los Angeles, CA 90003 is a 23 bedroom, 10 bathroom, 8,864 sqft multi-family in Southeast Los Angeles, built in 1965. It last sold for $1,735,000 on Dec 31, 2025 (4% below the $1,800,000 asking price). It is currently off market. The Trulia Estimate is $1,751,800, with a rent estimate of $2,855/month.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$196/sqft
Listed
180+ days ago

Home Details for 240 E 60th St

Interior Features

Beds & Baths
Number of Bedrooms: 23Number of Bathrooms: 10
Dimensions and Layout
Living Area: 8864 Square Feet
Appliances & Utilities
Appliances: Range/Oven
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Courtyard

Exterior Features

Exterior Home Features
Other Structures: Stall(s)
Parking & Garage
Has a CarportParking Spaces: 6Parking: Attached Carport

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,800,000Price Per Sqft: $196/sqft
Status Change & Dates
Off Market Date: Mon Nov 03 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Los Angeles

Building

Building Area
Building Area: 8864 Square Feet

Lot Information

Lot Area: 9243.432 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 25581489
Last check for updates: about 8 hours ago
Listed by Chase Simonton DRE # 01766871, (310) 383-5927
RE/MAX One, (818) 366-3300
Robert Carlile DRE # 02066811, (310) 853-3016
RE/MAX One, (818) 346-7362
Bought with: Juan Michael DRE # 01830409, Forward Real Estate, (424) 356-5222
Source: CLAW, MLS#25581489

Price History for 240 E 60th St

DatePriceEventSource
12/31/2025$1,735,000Sold
CLAW #25581489
11/04/2025$1,800,000ContingentCLAW #25581489
10/21/2025$1,800,000PriceChange
CLAW #25581489
09/22/2025$1,895,000PriceChange
CLAW #25581489
08/21/2025$1,950,000Listed For SaleCLAW #25581489
08/27/2024$1,775,000Sold
CLAW #24-397469
07/08/2024$1,850,000PendingCLAW #24-397469
05/29/2024$1,850,000Listed For SaleCLAW #24-397469
12/13/2017$1,275,000Sold
N/A
10/13/2017$1,500,000Listed For SaleAgent Provided

Market trends in Southeast Los Angeles

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$613K
$18.33KMoM
Sale-to-List Price
100.2%
0.3%MoM
Price per sq ft
$547
$23MoM
Available listings
123
7MoM
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Comparable Sales for 240 E 60th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
157 W 65th St, Los Angeles, CA
0.43
Multi-Family Home
$1,400,000
03/03/26
10
8
3,832
315 E 59th Pl, Los Angeles, CA
0.12
Multi-Family Home
$1,700,000
12/23/25
18
-
3,283
425 E 68th St, Los Angeles, CA
0.51
Multi-Family Home
$1,200,000
09/30/25
16
8
2,799
300 E 55th St, Los Angeles, CA
0.51
Multi-Family Home
$1,160,000
03/17/26
8
7
4,222
138 W 66th St, Los Angeles, CA
0.48
Multi-Family Home
$1,147,355
01/05/26
10
5
3,667
245 E 64th St, Los Angeles, CA
0.22
Multi-Family Home
$880,000
06/24/26
7
6
2,200
6323 S San Pedro St, Los Angeles, CA
0.21
Multi-Family Home
$875,000
01/22/26
8
4
2,824
505 E 68th St, Los Angeles, CA
0.52
Multi-Family Home
$950,000
03/19/26
10
6
3,776
200 W Slauson Ave, Los Angeles, CA
0.44
Multi-Family Home
$805,000
08/04/25
9
5
3,953

Nearby homes

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Assigned Schools

These are the assigned schools for 240 E 60th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Southeast Los Angeles
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Los Angeles

At least 1446 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 64 % Say there's holiday spirit

  • 60 % Say it's walkable to grocery stores

  • 52 % Say it's dog friendly

  • 51 % Say kids play outside

  • 50 % Say streets are well-lit

  • 48 % Say it's walkable to restaurants

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 34 % Say it's quiet

  • 27 % Say people would walk alone at night

  • 25 % Say there are community events

  • 25 % Say parking is easy

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jaykaysunday31
    "It is a crime area but not high crime neighbors respect each other we can walk our dogs freely just please pick up after your animals"
    0
    Flag
  • Esmee.zaratee94
    "It’s okay don’t like how there’s rarely no parking. Some streets are to small but I like how there’s parks around and lots of stores. "
    0
    Flag
  • Trulia User
    "Lots of diversity among people all work together on other neighborhood apps to locate missing pets and help contribute to an overall sense of safety that is hard to achieve especially around the Florence -graham area"
    1
    Flag
  • Jaykaysunday31
    "I have lived here for years. I walk around here freely and I always feel safe. The markets carry fresh fruits and veggies as well as the people are always friendly"
    1
    Flag
  • Ari Casanova
    "Nothing! It’s crowded, people going homeless and no official makes a different. People are aware of the area. "
    0
    Flag
  • Arreolamariae
    "Not much of events around the are, to much homeless rv park around the area. To much trash around homeless. Looks so dirty "
    0
    Flag
  • Calebsanchez87
    "There’s definitely Long side walks and a decent amount of large parks Maybe not the safest though and stray dogs around"
    0
    Flag
  • Kandice Speedracer Weaver
    "Parks After Dark are my most favorite events I usually attend them with my son because it feels safe. I also take my nieces and nephews because they enjoy the events as well."
    0
    Flag
  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    5
    Flag
  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    2
    Flag
  • Trulia User
    "Dog owners in this area who not lol or here because no one picks up after their dogs it’s all over the side walks in the bushes along with all the trash and dirt "
    3
    Flag
  • Trulia User
    "People would get their Dogs stolen. Do not move here. It's not safe. Do not recommend at all. Move in at your own Risk. We are movinv away! "
    1
    Flag
  • Trulia User
    "I been living here all my life and it always great to meet new people and be friendly with everyone around you no matter who you are there’s always a way to communicate with each other’s "
    0
    Flag
  • Trulia User
    "if you can don't live here want to move out of here badly just everything so expensive so if you can trust me stay as far as possible from south LA aka the jungle "
    1
    Flag
  • Trulia User
    "safety in the neighborhood and what kind of predetadors to watch it for I think that's one of the most things important to know about child safety is our risk arr they any parks nearby or schools libraries "
    2
    Flag
  • Trulia User
    "The events for kids in the evenings in the weekends. They are pretty great to entertain family and have kids out of trouble. Amazing activities."
    2
    Flag
  • Trulia User
    "There is a train around the corner and multiple bus routes, traveling to downtown is only 6 stops away "
    1
    Flag
  • Trulia User
    "Stray dogs and cats all over the place. Litter and homeless people all over the place. Not a safe place to take a dog on a walk UNLESS it’s a certified guard dog "
    1
    Flag
  • Trulia User
    "It’s actually good in the neighborhood but I wished there were more busses since it gets busy during the mornings "
    1
    Flag
  • Trulia User
    "been living here 26 years in my house no problem I walk in area for excriseing it cool iam older woman "
    9
    Flag
  • Trulia User
    "yes I see people walking yes I say hi to them yes they say hi to me everybody feels comfortable with each other all is good"
    0
    Flag
  • Trulia User
    "I drive sometimes catch that bus or train walk depending on weather time and traffic or distance of my destination "
    0
    Flag
  • Trulia User
    "It has its own culture, tagging on the wall, people are always playing music, it is a lively community "
    7
    Flag
  • Trulia User
    "A very nice neighborhood to live and bring up a family the center of LA you can go anywhere because the 110 & 10 are close and get get anywhere else in minutes "
    0
    Flag
  • Trulia User
    "Unfortunately, there are no community events that are taking place in or near this neighborhood. "
    0
    Flag
  • Trulia User
    "Everything is bad here freeways people neighborhood is not clean…..is not safe not nice Can even walk ."
    0
    Flag
  • Trulia User
    "I’ve grown up here. It’s a nice place. A little rough around the edges sometimes but an alright place to settle. "
    4
    Flag
  • Trulia User
    "be kind but please be safe, keep tabs on your children and pets, its not very safe here past dark "
    0
    Flag
  • Trulia User
    "Everyone knows each other or atleast knows who’s who. People are mostly friendly but lots of gang activities."
    2
    Flag
  • Trulia User
    "None, people are bitter with each other. Neighbors cause a lot of issues. It’s very dirty and there is a lot of homeless people walking around. Gang activity is also a big problem "
    0
    Flag
  • Trulia User
    "Have lived here for 4 years, the neighborhood has been good to us. Schools a good. It’s safe for families to walk in the parks"
    0
    Flag
  • Trulia User
    "We have Bloc parties and flea markets every weekend and a very family oriented neighborhood Close to everything if you choose to drive or take public transportation"
    0
    Flag
  • Trulia User
    "Its not always safe but many people who live around are careful of things. Gives few liberties but need a bit of enforcement in some parts. "
    1
    Flag
  • Trulia User
    "Nice city to live, people are genuinely and kind. Stors and transportation available. Schools for kids "
    0
    Flag
  • Trulia User
    "Full of prostitution and drug sales , this area is not good area to live or raise a family cause is not safe "
    0
    Flag
  • Trulia User
    "Been here for 22 years. For me the only perk to living in a urban area such as this is cheap rent & bargain stores that’s it!"
    1
    Flag
  • Trulia User
    "Not a great neighborhood to raise children! Parks aren't used just for kids, but for crackheads and people that have nothing better to do. Too many homeless. Doesn't feel safe to walk around the neighborhood. "
    0
    Flag
  • Catherine A.
    "It’s peaceful and I enjoy bing in this area there are things hay could be better but over all it’s a nice neighborhood can’t complain at all . "
    1
    Flag
  • Rakia C.
    "it’s a nice place to grow up especially when you know a lot of people it sorta becomes your other family & some of the parks are really nice"
    2
    Flag
  • Bryanorlandoelias
    "It’s safe for kids if you limit them to not going outside after dark. It’s south central what do you expect "
    3
    Flag

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Homes for sale near 240 E 60th St

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Off Market Homes Near 240 E 60th St

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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-07-16 00:50:47 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.