1437 E 61st Los Angeles, CA ^$ 1,600,000

1437 E 61st

^$ 1,600,000

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1437 E 61st

Los Angeles, CA, 90001

^$ 1,600,000

Bedrooms-- Baths-- Sq 15,131

Monthly Estimate*

^$ 9,851

Listed by Century 21 Cornerstone

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Commercial Property for sale in Los Angeles, CA

for $1,600,000. This 15,131 square foot building was built in 1956 on a lot size of 15191.

Prime Development Opportunity with Endless Potential! Rare ~15,000 sq ft R3-zoned lot in the heart of South Los Angeles, ideal for developers, investors, or savvy buyers looking to capitalize on future growth. Surrounded by multi-family properties, including a neighboring 4-unit building, this oversized parcel offers strong potential for multi-unit construction, small lot subdivision, or long-term hold (buyer to verify). Centrally located with convenient access to major freeways, public transportation, and local amenities, this property sits in a high-demand rental market with continued growth and redevelopment. Whether you’re looking to build, invest, or secure a large infill lot, opportunities like this are increasingly hard to find. Unlock the full potential of this expansive lot in a rapidly evolving neighborhood!

Commercial Active

Price

^$ 1,600,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

15191

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS26073972

Days on Market

Features

General

Utilities Water Not Available

Zoning R3

Year Built 1956

Property Subtype Multi Family

County Los Angeles

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions Compton blvd and 61st street

City Los Angeles

MLS Area C37 - Metropolitan South

Lot Size Units Acres

Lot Size Square Feet 661719960

Listing Terms Cash Conventional

Current Financing None

Additional Parcels Y/N false

Building Area Units Square Feet

Standard Status Active

Occupancy Type Vacant

Property Sub Type Additional Multi Family

Interior

Total Stories 0

Laundry Features None

Entry Level 0

Exterior

Lot Features 0-1 Unit/Acre

Water Source None

Lot Size Area 15191

Building Area Total 15131

Lot Dimensions 15191

Lot Size Acres 15191

Lot Size Source Assessor

* Excluded Features

List By

Century 21 Cornerstone

Broker

JohnHeinzJr@msn.com

Affordability Calculator

$9,851

Per Month

Monthly Principal & Interest: $9,851
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,300,752

Percent of Sale Price 44%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2026	$1,600,000		Listed Price

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1437 E 61st, Los Angeles, CA, 90001 is a Commercial Property for sale at $1,600,000 with 15,131 sqft and a lot size of 15191. 1437 E 61st was built in 1956. The property's zip code is 90001 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/14/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1437 E 61st

Commercial Property for sale in Los Angeles, CA

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