1437 E 61st, Los Angeles, CA 90001

$1,600,000

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List Agent John Heinz () 562-261-0900 Century 21 Cornerstone; CoList ()

List Price
$1,600,000
Status
ACTIVE
MLS#
RS26073972
Year Built
1956
Lot Size
661,719,960
Lot Location
0-1 Unit/Acre
Days on Market
117
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Prime Development Opportunity with Endless Potential! Rare ~15,000 sq ft R3-zoned lot in the heart of South Los Angeles, ideal for developers, investors, or savvy buyers looking to capitalize on future growth. Surrounded by multi-family properties, including a neighboring 4-unit building, this oversized parcel offers strong potential for multi-unit construction, small lot subdivision, or long-term hold (buyer to verify). Centrally located with convenient access to major freeways, public transportation, and local amenities, this property sits in a high-demand rental market with continued growth and redevelopment. Whether you’re looking to build, invest, or secure a large infill lot, opportunities like this are increasingly hard to find. Unlock the full potential of this expansive lot in a rapidly evolving neighborhood!

Additional Information

Water
None

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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.