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1701 E 61st Street, Los Angeles, CA 90001

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For Sale

$399,000

Estimated Payment

$      /mo. †

APR for 30 years

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Explore this Property

Great opportunity for Investors/developers with the new 2025 re-zoning changes SB1211. This sale includes 2 single family residences located at 1701 and 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. Investors are advised to do their own dual diligent inspections and investigations and encouraged to call or visit the L.A. County Regional Planning Southwest Field Office on Imperial Hwy for further details. 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 2,923 sqft lot. 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 2,366 sqft. lot. These parcels 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, if permitted
MLS# DW25070001

Courtesy Of Executive Bankers Realty

(562) 867-4717

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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