Los Angeles, CA 90003,347 E 61st ST
Los Angeles, CA 90003,347 E 61st ST
Los Angeles, CA 90003,347 E 61st ST
Los Angeles, CA 90003,347 E 61st ST
Los Angeles, CA 90003,347 E 61st ST
Los Angeles, CA 90003,347 E 61st ST
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$ 760,000
Est. payment | /mo

4 Beds

3 Baths

1,420 SqFt


Save
$ 760,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,420 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $535

MLS Listing ID OC25109004

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1910

Lot Size 5,418 Sqft

Property Sub-Type Duplex

Property Description

Cash Flow Opportunity + ADU Plans | Investors, FHA & VA Buyers Welcome!
Don't miss out on this 4BR/3BA duplex, which offers stability and long-term growth potential. Featuring a 3BD/2BA front unit and a 1BD/1BA rear unit. Perfect for multi-generational living, investors seeking reliable income, or owner-occupants looking for an affordable way to offset their mortgage. Each unit provides natural light, open living areas, indoor laundry, and central A/C.
Additional highlights include solar panels for energy efficiency, off-street parking, and a spacious lot. Most importantly, the seller has already submitted plans for a detached 2BD/1BA ADU. This future expansion potential provides the next owner with a valuable opportunity to add rental income or create additional living space without starting from scratch on plans or entitlements. Leverage this major advantage that adds significant value and positions the property for growth beyond the duplex structure.
Currently, one unit is rented with guaranteed Section 8 income. (Buyer to verify occupancy at COE)
Centrally located near shopping, dining, and commuter routes. This property delivers a combination of income, future expansion, and long-term equity building. Whether you are an investor seeking consistent returns or an FHA/VA buyer ready to step into ownership with income support, this duplex provides a rare opportunity to secure both cash flow today and expansion potential tomorrow

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR2

Rooms

Main Level Bedrooms 4

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type Composition,Shingle

Porch None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6006025027

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by Ronald Allen Label Realty Group 310-482-0405
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 346-6380

adolfoaguirrerealtor@gmail.com

87 N Raymond Ave, Pasadena, California, 91103, USA

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347 E 61st ST