1031 W 61st Street, Los Angeles, CA 90044

$630,000

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List Agent Gilbert Garcia () REALTY MASTERS & ASSOCIATES; CoList ()

List Price
$630,000
Price Change
▼ $50,000 1782527101
Status
PENDING
MLS#
CV26116224
Year Built
1913
Lot Size
6,057
Lot Location
0-1 Unit/Acre
Days on Market
38
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Duplex
Stories
One Level

Property Description

**BIG PRICE IMPROVEMENT!!** Where location is everything, 1031/1033 W. 61st Street delivers exactly what an investor has been searching for: a well-positioned Los Angeles duplex with immediate income potential, long-term appreciation upside, and a central address that virtually sells itself to tenants. Within minutes, tenants can reach Downtown Los Angeles, the Arts District, the Natural History Museum of LA, USC, Los Angeles City College, Crypto Arena, Banc of California Stadium, and SoFi Stadium. LAX is a straight shot south on the 110. Shopping centers, restaurants, churches, parks, and schools surround the property. Public transportation options — including the Metro Exposition Line. Two fully self-contained units. Separate utilities. A long driveway. A fully fenced yard. And a neighborhood poised for continued rent growth. A fully fenced lot offering privacy and security for tenants, a long private driveway with ample parking for multiple vehicles, a detached two-car garage, and both a front and rear yard — outdoor space that tenants in this market will want. Each unit is a thoughtfully laid out two-bedroom, one-bathroom home with its own living room, kitchen, and gas dryer hookup. Crucially, every unit operates on its own separate gas and electric meters, minimizing owner utility exposure and maximizing simplicity for property management. Water is the only shared utility — a standard and easily structured arrangement that keeps your operating costs predictable. Opportunities like this in such a prime, centrally located Los Angeles corridor are limited and move quickly. Discover the investment potential, location advantages, and long-term value this duplex has to offer before it’s gone!

Additional Information

Appliances
Microwave, Refrigerator
Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless, Wall/Window Unit(s)
View
None
Exterior Construction
Brick, Wood Siding
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.