RE/MAX One Commercial presents a 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 6.98% CAP rate, 8.95 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. PROPERTY HIGHLIGHTS: • 6.98% CAP | 8.95 GRM | 48% rental upside • 10 Units: 7 (2 Bed / 1 Bath) + 3 (3 Bed / 1 Bath) • 3 Vacant Units: One 2 Bed / 1 Bath + Two 3 Bed / 1 Bath — all nicely renovated • Large Units: 8,864 SF building on a 9,240 SF lot (˜ $219.99 price per SF) • Parking: 6 on-site spaces • Seismic Retrofit: Completed, no further work required • Zoning: LAR2 • Turnkey Value-Add: Immediate upside with renovated vacancies and strong in-place cash flow