1031 W 61st Street, Los Angeles, CA 90044
- $630,000
Listing courtesy of Listing Agent: Gilbert Garcia (Gil@GilbertGarcia.com) from Listing Office: REALTY MASTERS & ASSOCIATES.
- List Price
- $630,000
- Status
- PENDING
- Days on Market
- 38
- Price Change
- ▼ $50,000 1782527101
- MLS#
- CV26116224
- Subtype
- Residential Income
- Style
- Bungalow
- Year Built
- 1913
- Lot Size
- 6,057
- Acres
- 0.14
- MLS Area Major
- Los Angeles Southwest (C34)
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!
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Additional Information
- Interior Features
- Bedroom on Main Level
- Property Description
- Bungalow
- Zoning
- LAR2
- Flooring
- Carpet, Laminate
- Appliances
- Microwave, Refrigerator
- Heating
- Ductless
- Air Conditioning
- Yes
- Exterior Construction
- Brick, Wood Siding
- Stories
- One Level
- Levels
- One
- Roof
- Composition
- Pool Type
- None
- Parking Features
- Driveway
- Garage Spaces
- 2
- View
- None
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.