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531 W 61st St, Los Angeles, CA, 90044

$559,000

Home List Price

$6,638*

Closing Credit

2 Bedrooms
1 Full Bath
1,016 SqFt
$550/SqFt
House

Location

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531 W 61st St, Los Angeles$559,000

Buyer Closing Credits

$6,638*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1921
CoolingNone
FireplaceNone
ViewNone
MLS #OC24223121
Lot Size0.12 Acres
StatusActive

About 531 W 61st St

Welcome to a delightful residence nestled in the heart of Los Angeles. This inviting home features spacious 2 bedrooms and 1 bathroom, perfect for families or those seeking extra space. As you step inside, you’ll be greeted by a bright and airy living area. Outside, enjoy spacious backyard, ideal for entertaining or relaxing in the California sunshine. Home is Located in a vibrant community, this home is just minutes away from shops, schools, transportation or freeway, making it the perfect blend of comfort and convenience. Don’t miss the opportunity to make this charming house your new home!

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 1,016 SqFt

Listing Office:

  • Office Name: Capital Management Realty, Inc
  • Office Phone: (714) 478-1495
  • Listing Agent: Alex Lee

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s), 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:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: 61st and Figueroa

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,000
  • Price Per SqFt: $550/SqFt

Tax Information:

  • Annual Amount: $1,687
  • 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

1346

531 W 61st St vs Los Angeles

54 DAYS ON ROCKET

+16 Days

$559,000

-$462.5K Less

$550/SqFt

-$90 Less

KEY TAKEAWAY

This property is $462.5K less than the Median Sold Price and $90/SqFt less 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: #OC24223121

Listing Office:

  • Office Name: Capital Management Realty, Inc
  • Office Phone: (714) 478-1495
  • Listing Agent: Alex Lee

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: 12/22/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2013Home Sold
$115,000
Apr 15, 1988Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,687$123,753
2020$3,590$122,485
2019$3,532$286,109
2018$1,555$280,500
2017$1,555$115,423

History based on county public records data.

Payment Calculator

$2,857

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,742

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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-916843
4
/10

  • 61st Street Elementary School

  • 6020 S Figueroa St

  • 0.10 miles

  • Public District Grades KG-6

school-card-donut-916844
6
/10

  • Gil Garcetti Learning Academy

  • 612 W 68th St

  • 0.44 miles

  • Public District Grades KG-6

school-card-donut-916845
6
/10

  • Aspire Inskeep Academy Charter

  • 123 W 59th St

  • 0.55 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 $25,566. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 W 61st St

What is the listing price of this property?

The listing price of 531 W 61st St property is $559,000.

What type of property is this?

The property 531 W 61st St is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 531 W 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 $1,687 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 12, 2013 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 W 61st St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 531 W 61st St is 1,016 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 W 61st St is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›531 W 61st St

This home is located at 531 W 61st St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 1,016 square foot home, which was built in 1921, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $559,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

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

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