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2025 CONSTRUCTION 300 W 60th St 60 Unit Apartment Building For Sale Los Angeles, CA 90003

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INVESTMENT HIGHLIGHTS

  • 60 Units - Built 2025
  • Offering a 100% affordable asset with 59 low-income and a management one-bed, one-bath apartments with patios and balconies.
  • Resident amenities include an Amazon Hub in the mailroom, an inviting lobby space, a game room, and three laundry rooms.
  • 300 W 6th Street is a 38,682-square-foot, 2025 new-construction four-story 60-unit apartment complex.
  • Rapidly expanding area, where population growth is expected to reach 1.26% by 2028 within a 3-mile radius.
  • Prominently located in the Canndu/Avalon Garden community adjacent to Interstate 110 just 8 miles south of DTLA.

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 multifamily 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.

In a well-connected area, this apartment complex offers excellent access to public transportation, with Metro bus stops along Broadway, including one just steps from the entrance at Broadway and W 61st Street. 300 W 60th Street's 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. This newly developed property offers a well-balanced combination of affordability, modern amenities, and convenience, providing affordable housing in an accessible location for residents seeking stability and community support.

PROPERTY FACTS

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
Average Occupancy 0%
No. Stories 4
Year Built 2025
Zoning LAC2

AMENITIES

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 (79)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6005-004-021
Land Assessment
$4,398,114 CAD
Improvements Assessment
$2,932,076 CAD
Total Assessment
$7,330,190 CAD
  • Listing ID: 35191699

  • Date on Market: 2025-03-19

  • Last Updated:

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

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