1703 East 61st Street

Los Angeles, CA 90001

$449,000
Price
4
Beds
2
Baths
1,076 Sq. Ft.
$417 / Sq. Ft.
1,076
Sq. Ft.
$417
per Sq. Ft.

Description

Investor/developer opportunity which includes 2 single family residences located at 1701-1703 E. 61st. street Los Angeles Ca in 90001 area. Each home is built on it's own parcel and being sold together. These 2 parcels are adjoined and located in a SP zone district with the possibility of being allowed to build a minimum of 3 but up to 6 units on one parcel & a minimum of 4 but up to 7 units on the other, but investors are advised to do their own updated dual diligent inspections and investigations...Investor/developer opportunity which includes 2 single family residences located at 1701-1703 E. 61st. street Los Angeles Ca in 90001 area. Each home is built on it's own parcel and being sold together. These 2 parcels are adjoined and located in a SP zone district with the possibility of being allowed to build a minimum of 3 but up to 6 units on one parcel & a minimum of 4 but up to 7 units on the other, but investors are advised to do their own updated dual diligent inspections and investigations which include consulting with local building, zoning, and planning departments. The front house/parcel which is 1701 with a parcel number of 6009-008-024, is a 2 bedroom 1 bath home with a living square footage of approx. 580 built on a lot size of approx. 2923 sqft. It currently has fire damage which has affected the interior. The back house/parcel, which is 1703 61st. street with it's parcel number of 6009-008-025, is a 2 bedroom 1 bath with a living square footage of approx. 496 built on a lot size of approx. 2366 sqft.. Despite the condition, these properties are an exceptional opportunity for possible rehab/or for development and expansion. This neighborhood is conveniently located near local amenities, schools, shopping centers, churches, parks etc. with easy access to major highways and public transportation. Great opportunity for multifamily housing development for a profitable investment, possible lot tie etc. if permitted by county. Note: Bedroom count, bath count, living and lot size square footage, is a total combined from both properties in advertisement.
  1. Listed by Daniel Calderon • DRE #01056875 • Brokerage DRE #01526757 • Executive Bankers Realty • 562-999-6999

Property Details for 1703 East 61st Street

Parking Spaces Total
0
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1076
Assessor Parcel Number
6009-008-025
Property Attached YN
false
LISTING UPDATED: 09/24/2024 05:04 AM

Property Details for 1703 East 61st Street

StatusActive
MLS #DW24177476
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.12 AC / 5,289 SF
CountyLos Angeles County

Building Information for 1703 East 61st Street

Stories1Residences-Year Built1922Building Size-Lot Size0.12 AC / 5,289 SF

Property Information for 1703 East 61st Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 5327
  • Tax Census Tract: 5327.00
  • CFD/Mello-Roos Fee: $657
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1703 East 61st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1703 East 61st Street

Taxable ValueLand$3,571Additions$3,571Total$7,142
Tax Record2024$747 ($62 / month)
Home Facts
Beds2Total Finished SqFt496 SqFtAbove Grade Finished SqFt496 SqFtStories1Lot Size2,366 SqFtStyleSingle Family ResidenceYear Built1922ZoningLCR4YYCountyLOS ANGELESAPN6009-008-025

Schools near 1703 East 61st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lillian Street Elementary School
PublicK to 6

Thomas A. Edison Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1703 East 61st Street is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on August 26, 2024 by Executive Bankers Realty, it's currently listed at $449,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lillian Street Elementary School, Thomas A. Edison Middle School and Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine. 1703 East 61st Street is a 4-bed, 2-bath, 1,076 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Executive Bankers Realty, Daniel Calderon, DRE #01056875

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.