8
See all 8 photos
$699,999
Est. payment /mo
4 Beds
3 Baths
1,420 SqFt
New
347 E 61st Street Los Angeles, CA 90003
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $492
MLS Listing ID OC26111724
Bedrooms 4
Full Baths 3
Year Built 1910
Lot Size 5,417 Sqft
Property Sub-Type Townhome
Property Description
Cash Flow opportunity with pre-submitted ADU plans! This exceptional 4BR/3BA duplex offers immediate multi-unit flexibility and outstanding long-term growth potential. Perfect for buyers utilizing FHA/VA financing looking to maximize their purchasing power, or savvy investors seeking an asset with market-rate upside from day one. The front unit features a spacious 3BD/2BA layout, while the rear unit offers a comfortable 1BD/1BA setupboth boasting excellent natural light, open living areas, indoor laundry hook-ups, and central A/C. Additional property highlights include solar panels for premium energy efficiency, ample off-street parking, and a generous lot. Maximize your equity effortlessly: the seller has already submitted plans for a detached 2BD/1BA Accessory Dwelling Unit (ADU). This future expansion potential allows the next owner to seamlessly add an additional income stream or create a multi-generational compound without starting from scratch on design or entitlements. Centrally located near shopping, dining, and major commuter routes, this duplex delivers the perfect combination of immediate returns and future expansion!
Location
State CA
County Los Angeles
Zoning LAR2
Direction Located North of Gage Ave and East of San Pedro St.
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
Roof Type Composition,Shingle
Total Parking Spaces 4
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 6006025027
Acceptable Financing Cash, Cash To New Loan, Submit
Listing Terms Cash, Cash To New Loan, Submit
Special Listing Condition Standard
Listed by Ronald Allen, DRE#01720299 Label Realty Group
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION