**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!
49 days
|
2,524
|
184
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Gilbert GarciaDRE #01181354626-893-2817,
REALTY MASTERS & ASSOCIATES,
Jessica TorresDRE #02122580,
eXp Realty of Southern California, Inc.
Source: CRMLS,MLS#: CV26116224Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Rooms
Room types: Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room
Bedroom
Features: Bedroom on Main Level
Heating
Ductless
Cooling
Ductless, Wall/Window Unit(s)
Appliances
Included: Microwave, Refrigerator
Laundry: Outside
Features
Bedroom on Main Level
Flooring: Carpet, Laminate
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 1,502
Total interior livable area: 1,502 sqft
Property
Parking
Total spaces: 2
Parking features: Driveway
Garage spaces: 2
Features
Levels: One
Stories: 1
Entry location: Ground Level with Steps
Pool features: None
Spa features: None
Fencing: Wrought Iron
Has view: Yes
View description: None
Lot
Size: 6,057 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 6003022023
Zoning: LAR2
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Duplex
Attached to another structure: Yes
Materials
Brick, Wood Siding
Foundation: Raised
Roof: Composition
Condition
New construction: No
Year built: 1913
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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