$650,000
Original list price: $699,000
MLS: SR26142472
Beds
2
Baths
2
Sq Ft
1,370
Lot
0.11 ac
Year Built
1924
MLS #
SR26142472
Days on Market
32
Listed
Jun 30, 2026
Description
**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 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.
Location
Los Angeles, Los Angeles County, CA 90044
Open on Google Maps ↗Listed by: Allan Sekiranda · Real Brokerage Technologies, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,980
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,759
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $22,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90044 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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