**Exceptional DUPLEX Investment Opportunity in the heart of Los Angeles ** 947 W 60th St is a DUPLEX that is being sold together with 949 W 60th , the unit adjacent to it . Unlock the potential of this well-positioned duplex in the heart of Los Angeles.This property offers plenty… Read More of backyard space with potential to build an ADU in the back (Buyer to verify with the City).This income-generating property presents a rare opportunity for investors seeking strong rental demand and long-term appreciation. This property is eligible for both Residential and Commercial financing . Property comes with tenants ,All are Section 8 - Ensuring Reliable Rental Income!! Each unit offers functional layouts with comfortable living areas, making them highly attractive to tenants in this consistently sought-after rental market. Whether you’re expanding your portfolio or entering the multi-family space, this property provides immediate income potential with room to enhance returns through strategic upgrades and rental optimization. Situated on a residential street with convenient access to major freeways, public transportation, shopping, and employment hubs, the location supports stable occupancy and long-term tenant appeal. The South Los Angeles market continues to see steady growth, making this an ideal asset for both cash flow and appreciation. Don’t miss this chance to secure a versatile, income-producing property in one of Los Angeles’ high-demand rental corridors. Read Less
Property listed by Real Brokerage Technologies, Inc., Allan Sekiranda 310-259-7556
Listing Snapshot
Days Online
84
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1924
MLS Number
SR26141004
Additional Details
Building
Built in 1924, 1 building, 1 storey, Levels: One, Entry level: 2, Entry location: main
Community
Sidewalks
Expenses
Insurance: $481, Operating: $10,431, Water/Sewer: $600, Other Expense: $600
Floors
Vinyl
Garage
1 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $57,768, Gross ScheduledIncome: $57,768, Net Operating Income: $47,337
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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