John E Burge

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1031 W 61st StreetLos Angeles, CA 90044

Multi-Family · 1,502 Sq. ft. | 0.14 Acres
$630,000 Active

1031 W 61st Street Overview

Time on Site:
24 days
Visits:
1

**BIG PRICE IMPROVEMENT!!** Where location is everything, 1031/1033 W. 61st Street delivers exactly what an investor has been searching for: a well-positioned Los Angeles duplex with immediate income potential, long-term appreciation upside, and a central address that virtually sells itself to tenants. Within minutes, tenants can reach Downtown Los Angeles, the Arts District, the Natural History Museum of LA, USC, Los Angeles City College, Crypto Arena, Banc of California Stadium, and SoFi Stadium. LAX is a straight shot south on the 110. Shopping centers, restaurants, churches, parks, and schools surround the property. Public transportation options — including the Metro Exposition Line. Two fully self-contained units. Separate utilities. A long driveway. A fully fenced yard. And a neighborhood poised for continued rent growth. A fully fenced lot offering privacy and security for tenants, a long private driveway with ample parking for multiple vehicles, a detached two-car garage, and both a front and rear yard — outdoor space that tenants in this market will want. Each unit is a thoughtfully laid out two-bedroom, one-bathroom home with its own living room, kitchen, and gas dryer hookup. Crucially, every unit operates on its own separate gas and electric meters, minimizing owner utility exposure and maximizing simplicity for property management. Water is the only shared utility — a standard and easily structured arrangement that keeps your operating costs predictable. Opportunities like this in such a prime, centrally located Los Angeles corridor are limited and move quickly. Discover the investment potential, location advantages, and long-term value this duplex has to offer before it’s gone!

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1031 W 61st Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,502
  • Price/Sq.ft. $419
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gardener Expense: 1080.0
  • Gross Scheduled Income: 51300.0
  • Insurance Expense: 2002.0
  • Net Operating Income: 44094.0
  • Operating Expense: 7206.0

Listing Information

  • Contingency: ** If offer is submitted without viewing property, please write offer Subject to Inspection and send Pre-Approval letter, DU Approval, BRBC & Proof of Funds / FICO **

Building Information

  • New Construction: No
  • Year Built: 1913

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C34 - Los Angeles Southwest
  • Postal City: LOS ANGELES
  • Walk Score: 83

Community/Development

  • Community Features: Curbs,Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water

General Information

  • Inclusions: 2 Refrigerators, 2 Stoves, 2 Microwaves
  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 6003022023
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR2

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Building Interior

  • Building Area Total: 1502.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Microwave,Refrigerator
  • Common Walls: 1 Common Wall
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: Ground Level with Steps
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet,Laminate
  • Foundation Details: Raised
  • Interior Features: Bedroom on Main Level
  • Laundry Features: Outside
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 2.0

Lot Information

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.139
  • Lot Size Area: 6057.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6057.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Bungalow
    • Construction Materials: Brick,Wood Siding
    • Property Attached: Yes
    • Roof: Composition

    General Information

    • Fencing: Wrought Iron
    • Number Of Units Leased: 2
    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

    1031 W 61st Street Neighborhood

    Community

    90044 (Los Angeles) Demographics

    31
    Median Age
    19,464
    Population Density (per sq. mile)
    14%
    College Educated
    $39,434
    Estimated Median Income
    8,220
    Estimated Total Home Owners
    20,148
    Estimated Total Renters
    29% / 71%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1031 W 61st Street Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1031 W 61st Street Market Data

    Based on the last 30 days in this zip code

    $730,687
    Average List Price
    $493
    Average Price per Square Foot
    15
    Properties Sold
    117
    Average Days on Market
    198
    Properties for Sale
    Calculations provided by Reliance Network

    1031 W 61st Street History

    Date Event Value Agent
    6/26/2026Source: CRMLS Price Reduction
    $630,000 -7.4%
    6/5/2026Source: CRMLS Added to Database
    June 05, 2026
    Listing provided courtesy of REALTY MASTERS & ASSOCIATESGilbert Garcia- MLS# CV26116224MLS ProviderContact Information: [email protected] - 909-993-5710
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