1703 E 61St Street

Los Angeles, CA 90001

PRICE REDUCED

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-$50,900 (-10.18%)

$449,000

List Price

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bed Beds

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straighten / sqft

1922

calendar_month Built

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 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.

Listing Information

List Price $449,000
Status Active
MLS DW24177476
Type Residential Income
Subtype Duplex
Year Built 1922
Lot Size 5,289
Structure Size N/A
DOM 29
Courtesy Of Executive Bankers Realty
Listing Agent Daniel Calderon DRE#01056875

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Daniel Calderon, Executive Bankers Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.