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, 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, if permitted.
Property Details
Property Features
Property Information:
Year Built: 1922
Stories: 1
Living Area: 580 SqFt
Listing Office:
Office Name: Executive Bankers Realty
Office Phone: (562) 999-6999
Listing Agent: Daniel Calderon
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Driveway, Gated, Off Site, On Site
Lot Features
Lot Information:
Lot: Back Yard, Front Yard, Lawn
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Cooling: None
School Info
Assigned Schools Information:
Huntington Park Senior High School, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Thomas A. Edison Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Lillian Street Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Cross street is Holmes Ave
Price Information
Listing Price Info
Price Summary:
List Price: $449,000
Price Per SqFt: $774/SqFt
Tax Information:
Annual Amount: $795
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $563.4K less than the Median Sold Price and $134/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #DW24176697
Listing Office:
Office Name: Executive Bankers Realty
Office Phone: (562) 999-6999
Listing Agent: Daniel Calderon
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$795
$10,356
2020
$781
$10,251
2019
$724
$10,051
2018
$698
$9,854
2017
$698
$9,662
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,308
Per Month
Principal & Interest
$2,241
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,413
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Lillian Street Elementary School
5909 Lillian St
Distance between this listing and this school0.17 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.02 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school18.90 miles
Public Magnet Grades KG-5
Middle School
3
/10
Thomas A. Edison Middle School
6500 Hooper Ave
Distance between this listing and this school0.60 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.27 miles
Public District Grades 6-8
High School
3
/10
Huntington Park Senior High School
6020 Miles Ave
Distance between this listing and this school1.39 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.05 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school20.55 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Lillian Street Elementary School
5909 Lillian St
Distance between this listing and this school0.17 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.02 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school18.90 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Thomas A. Edison Middle School
6500 Hooper Ave
Distance between this listing and this school0.60 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.27 miles
Public District Grades 6-8
Nearby Schools
5
/10
Aspire Centennial College Preparatory Academy
2079 Saturn Ave
Distance between this listing and this school0.74 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Huntington Park Senior High School
6020 Miles Ave
Distance between this listing and this school1.39 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school4.05 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school20.55 miles
The neighbors living near this home have an average income of $54,762. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1701 E 61st St
What is the listing price of this property?
The listing price of 1701 E 61st St property is $449,000.
What type of property is this?
The property 1701 E 61st St is a house located in Los Angeles, California, 90001.
Is this property for sale now?
Active Listing: 1701 E 61st St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1701 E 61st St are: Lillian Street Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Thomas A. Edison Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10Huntington Park Senior High School: GreatSchools Rating 3/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $795 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1701 E 61st St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 1701 E 61st St is 580 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1701 E 61st St is 1922.
This home is located at 1701 E 61st St in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 580 square foot home, which was built in 1922, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $449,000.
Over 532 listings were sold over their listed price in September 2024 in Los Angeles, CA. In the same period over 619 listings were sold below the listed price and 180 listings were sold for the listed price. In September 2024 in Los Angeles, CA there were 10.6% more homes for sale than in August 2024. The median list price of listings available in September 2024 was $1,012,476, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.