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6
Photos
1701 E 61st Street, Los Angeles, CA 90001
$499,900 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
580
sqft
Built in
1922
Investor/developer opportunity which 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 and located in a SP zone district and investors are advised to do their own updated dual diligent inspections and investigations on the properties including looking into any re-zoning changes that may have occurred. 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. Despite the condition, this property is an exceptional opportunity 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.
Features & Amenities
Interior
- General:
- All Bedrooms Down
- Laundry:
- None
- A/C:
- false, None
- Fireplace:
- None
Exterior
- Pool:
- None
- Parking:
- Driveway,Gated,Off Site,On Site, Parking spaces: 0
Construction
- Roofing:
- Composition,Shingle
- General:
- 1
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- CRMLS
- School District:
- Los Angeles Unified
- County:
- Los Angeles
Lot
- Zoning:
- LCR4*, 6009008024
- View:
- None
- Fencing:
- Block,Chain Link,See Remarks
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
This listing courtesy of:
Executive Bankers Realty, Daniel Calderon
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Los Angeles, CA
Housing
- Number of Units
- 906,276
- Median Home Value
- $764,749
- Median Rent
- $1,399
71.58% of housing units are renter occupied.
6.82% are vacant.
Commute
- Car
-
56.67%
- Public Transportation
-
8.41%
- Walk to Work
-
3.27%
- Work from Home
-
29.71%
- Other
-
1.00%
The median travel time to work is 25 minutes.
People
- Population
- 2,373,885
- Median Age
- 35.80
- Median Household Size
- 2.78
Education
- High School
-
18.57%
- Associate’s Degree
-
5.55%
- Bachelor’s Degree
-
22.72%
- Graduate Degree
-
12.23%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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