3 months on rocket

1701 E 61st St, Los Angeles, CA, 90001

$449,000

Home List Price

$5,332*

Closing Credit

2 Bedrooms
1 Full Bath
580 SqFt
$774/SqFt
House

Location

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1701 E 61st St, Los Angeles$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Gated, Off Site, On Site
Year Built1922
CoolingNone
FireplaceNone
ViewNone
MLS #DW24176697
Lot Size0.07 Acres
StatusActive

About 1701 E 61st St

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

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
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1701 E 61st St vs Los Angeles

116 DAYS ON ROCKET

+78 Days

$449,000

-$572.5K Less

$774/SqFt

+$134 More

KEY TAKEAWAY

This property is $572.5K 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

IDX 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: 12/21/2024, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
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

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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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.

Nearby Schools

school-card-donut-688240
4
/10
  • Lillian Street Elementary School

  • 5909 Lillian St

  • 0.17 miles

  • Public District Grades KG-6

school-card-donut-688241
7
/10
  • Dr. Lawrence H. Moore Math / Science / Technology Academy

  • 1321 E 61st St

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-688242
4
/10
  • Miramonte Elementary School

  • 1400 E 68th St

  • 0.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,762. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in married, with kids family. 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 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.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900011701 E 61st St

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.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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