60 Units l Built 2025 l 100% Affordable 300 W 60th St

60 Unit Apartment Building $25,583,690 CAD ($426,395 CAD/Unit) Los Angeles, CA 90003

INVESTMENT HIGHLIGHTS

  • New construction – 2025
  • 100% affordable - Four stories - Vacant
  • Three laundry rooms on second, third, and fourth floors
  • 60 units - 59 units for low income, 1 unit for manager
  • All one-bedroom and one-bathroom
  • Lot size: 15,623 square feet - Building size: 38,862 square feet

EXECUTIVE SUMMARY

Located in the heart of South Los Angeles, this newly built four-story residential community at 300 W. 60th Street provides a blend of modern design and practical living. Constructed in 2025, the property spans 38,862 square feet and consists of 60 well-designed one-bedroom apartments, ranging from 360 to 569 square feet. Nearly two-thirds of the units feature private patios or balconies, offering residents additional outdoor space.
Upon entering the secure building, residents are welcomed by a thoughtfully designed lobby and common areas that enhance the living experience. The ground floor includes a 1,084-square-foot recreation room that can serve as a communal space or be converted into an office for supportive services. Additionally, the building provides convenient amenities such as a designated bicycle storage room with 48 spaces, an Amazon Hub package retrieval system, and a centralized mailbox area. Three laundry rooms are located on the second, third, and fourth floors for added convenience.
Located in a well-connected area, this property offers excellent access to public transportation, with Metro bus stops along Broadway, including one just steps from the entrance at Broadway & W. 61st Street. Its strategic placement provides residents with an easy commute to employment centers in South Los Angeles, Huntington Park, Vernon, and Downtown Los Angeles. Families will appreciate the proximity to local schools, including 61st Street Elementary, Juanita Tate Elementary, and St. Columbkille School.
Residents also benefit from nearby shopping, dining, and essential services, creating a walkable and convenient neighborhood. Additionally, the property is just one block east of the 110 Freeway, with easy access from W. Gage Avenue or Slauson Avenue, ensuring seamless connectivity throughout the city.
This newly developed property offers a well-balanced combination of affordability, modern amenities, and convenience, providing much-needed affordable housing in an accessible location for residents seeking stability and community support.

PROPERTY FACTS

Price $25,583,690 CAD
Price Per Unit $426,395 CAD
Sale Type Investment
No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.36 AC
Building Size 38,862 SF
No. Stories 4
Year Built 2025

UNIT AMENITIES

  • Balcony
  • Kitchen
  • Range
  • Tub/Shower
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Elevator
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 60 - 360 - 569
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (74)

PROPERTY TAXES

ZONING

Zoning Code LAC2
  • Listing ID: 35191699

  • Date on Market: 2025-03-19

  • Last Updated:

  • Address: 300 W 60th St, Los Angeles, CA 90003