CA > Los Angeles
Los Angeles, CA 90001,1703 E 61st ST
Los Angeles, CA 90001,1703 E 61st ST
Los Angeles, CA 90001,1703 E 61st ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$449,000
Est. payment /mo
5,288 Sqft Lot
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UPDATED:

01/27/2025 08:12 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24177476

HOA Y/N No

Year Built 1922

Lot Size 5,288 Sqft

Property Sub-Type Duplex

Property 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 an area with new zoning changes 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, however, investors are advised to do their own updated dual diligent inspections and investigations which include consulting with local building, zoning, and planning departments about the new 2025 zoning changes like SB1211. 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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LCR4YY

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6009008025

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Daniel Calderon • Executive Bankers Realty • 562-999-6999
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+1(714) 376-8652

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