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424 E 61st St, Los Angeles, CA, 90003

$565,000

Home List Price

$6,709*

Closing Credit

0 Baths
Multi

Location

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424 E 61st St, Los Angeles$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway
Garage1 space
Year Built1930
MLS #PW24208947
Lot Size0.12 Acres
StatusActive

About 424 E 61st St

Welcome to this Los Angeles triplex – an excellent income property opportunity. This property is a bit of a fixer-upper and comes with the tenants currently in place. The tenants are on a month-to-month lease, which provides some flexibility for potential buyers.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: The M & M Team Realty
  • Office Phone: (323) 240-5413
  • Listing Agent: Linda Henry

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: Avalon & Gage

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000

Tax Information:

  • Annual Amount: $687
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

424 E 61st St vs Los Angeles

44 DAYS ON ROCKET

+6 Days

$565,000

-$458.4K Less

KEY TAKEAWAY

This property is $458.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24208947

Listing Office:

  • Office Name: The M & M Team Realty
  • Office Phone: (323) 240-5413
  • Listing Agent: Linda Henry

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: 11/22/2024, 8:20:50 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$687$31,198
2020$672$30,879
2019$564$30,274
2018$553$29,681
2017$553$29,100

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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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-558382
5
/10

  • 66th Street Elementary School

  • 6600 S San Pedro St

  • 0.34 miles

  • Public District Grades KG-6

school-card-donut-558383
6
/10

  • Aspire Inskeep Academy Charter

  • 123 W 59th St

  • 0.52 miles

  • Public Charter Grades KG-6

school-card-donut-558384
4
/10

  • Aspire Slauson Academy Charter

  • 123 W 59th St

  • 0.52 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,905. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90003›424 E 61st St

This home is located at 424 E 61st St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This home, which was built in 1930, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $565,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

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

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