1031 W 61st Street Los Angeles, CA $ 680,000
1031 W 61st Street
$ 680,000
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1031 W 61st Street

Los Angeles, CA, 90044
$ 680,000
Baths2.0 Sq 1,502

Monthly Estimate*

$ 4,187

Listed by REALTY MASTERS & ASSOCIATES
1031 W 61st Street, Los Angeles, CA 90044 - Image 1
1031 W 61st Street, Los Angeles, CA 90044 - Image 2
1031 W 61st Street, Los Angeles, CA 90044 - Image 3
1031 W 61st Street, Los Angeles, CA 90044 - Image 4
1031 W 61st Street, Los Angeles, CA 90044 - Image 5
1031 W 61st Street, Los Angeles, CA 90044 - Image 6
1031 W 61st Street, Los Angeles, CA 90044 - Image 7
Studio

Multi-Family Home for sale in Los Angeles, CA

for $680,000 with 2 full baths. This 1,502 square foot home was built in 1913 on a lot size of 0.139.

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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Multi-Family Active

Price

$ 680,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.139

Year Built

1913

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV26116224

Days on Market

28

Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession See Remarks
Roof Composition
Appliances Microwave Refrigerator
Zoning LAR2
HOA Fee 0
Garage Spaces 2
Architectural Style Bungalow
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Window Bars
Construction Materials Brick Wood Siding
Year Built 1913
Electric Standard
Tenant Pays Electricity Gas Sewer Trash Collection Water
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Curbs Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 44094
Operating Expense 7206
Insurance Expense 2002
New Construction false
Property Type Residential Income
HOA false
Contingency ** If offer is submitted without viewing property please write offer "Subject to Inspection" and send Pre-Approval letter DU Approval & Proof of Funds / FICO **
MaintenanceExpense 0
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Between VERMONT and BUDLONG
City Los Angeles
Entry Location Ground Level with Steps
Senior Community Y/N false
Number Of Units Total 2
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 6057
Number of Units Leased 2
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Walk Score 83
Water Sewer Expense 0
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 22
Total Actual Rent 51300
Property Sub Type Additional Duplex
Taxes 0
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Interior
Interior Amenities Bedroom on Main Level
Flooring Carpet Laminate
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Outside
Entry Level 1
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Exterior
Fencing Wrought Iron
Parking Features Driveway
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 2
Inclusions 2 Refrigerators 2 Stoves 2 Microwaves
Lot Size Area 6057
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 1502
Lot Size Acres 0.139
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Realty Masters & Associates

Broker

Gil@GilbertGarcia.com

Email

Affordability Calculator

$4,187
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Monthly Principal & Interest
$4,187
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$680,000 Listed Price

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1031 W 61st Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $680,000 with 1,502 sqft and a lot size of 0.139. 1031 W 61st Street is a studio with 2.0 baths and was built in 1913. The property's zip code is 90044 which is in Los Angeles, CA