316 E 61st Street Los Angeles, CA ^$ 1,585,000

316 E 61st Street

^$ 1,585,000

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316 E 61st Street

Los Angeles, CA, 90003

^$ 1,585,000

Bedrooms10 Baths5.0 Sq 3,950

Monthly Estimate*

^$ 11,072

Listed by C-21 Realty Team

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Multi-Family Home for sale in Los Angeles, CA

for $1,585,000 with 10 bedrooms and 5 full baths. This 3,950 square foot home was built in 1964 on a lot size of 0.124.

Do not miss out on this BIG Investment Opportunity! A 2 unit residential building plus ADU in the heart of Los Angeles! Brand new ADU addition was recently built, subject is near freeway , very convenient location. Huge parking space one the back. Tenants occupied. Do not disturb tenants.

Multi-Family Active

Price

^$ 1,585,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.124

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS23227700

Days on Market

156

Features

General

Sewer PublicSewer

Zoning LAR2

HOA 0.0

Garage Spaces 1.0

Pool Features None

Year Built 1964

Stories 2

Levels Two

Property SubType Duplex

Gross Income 119640.0

Community Features StreetLights

County Los Angeles

Net Operating Income 5916.0

Operating Expense 5916.0

Insurance Expense 2454.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Cross st are San Pedro St and E. 61st St

City Los Angeles

Entry Location front

View Y/N N

Senior Community Y/N N

Open Parking Spaces 2.0

Total Units 3

MLS Area 699 - Not Defined

Lot Size Square Feet 5402.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 61st

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 708.0

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 2754.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 50

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 34

Property Sub Type Additional Duplex

Exterior

Lot Features FrontYard Yard

Water Source Public

Total Parking 3.0

Lot Size Area 5402.0

Number of Buildings 2

Spa N

Building Area Total 3950.0

Lot Size Acres 0.124

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 316

* Excluded Features

List By

C-21 Realty Team

Broker

(562) 531-2001

Phone

Affordability Calculator

$11,072

Per Month

Monthly Principal & Interest: $11,072
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Multi-family listings in Los Angeles, CA

Average List Price ^$1,983,367

Percent of Sale Price 25%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/27/2023	$1,585,000	-8.03%	Price Down
12/19/2023	$1,723,400		Listed Price

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316 E 61st Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,585,000 with 3,950 sqft and a lot size of 0.124. 316 E 61st Street has 10 bedrooms, 5.0 baths, and was built in 1964. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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 5/22/2024. 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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316 E 61st Street

Multi-Family Home for sale in Los Angeles, CA

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