424 E 61st Street, Los Angeles, CA 90003
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424 E 61st Street Los Angeles, CA 90003

$599,999
  • 4 Beds
  • 2.5 Baths
  • 2,136 Sq.Ft.
For Sale
$599,999 Get Pre-Qualified

Map preview of 424 E 61st Street, Los Angeles, CA 90003

Property Overview: 424 E 61st Street Los Angeles, CA has 4 bedrooms, 2.5 bathrooms, 2,136 living square feet and 5,400 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this Los Angeles triplex – an excellent income property opportunity. This property is a bit of a fixer-upper and comes with the tenants currently in place. The tenants are on a month-to-month lease, which provides some flexibility for potential buyers.

Listed by Linda Henry | BRE #01450651 | The M & M Team Realty
Last checked: 8 minutes ago | Last updated: December 18th, 2023 | Source CRMLS | DOM: 171

Home details

Lot Sq. Ft
5,400
HOA Dues
$0/mo
Year built
1930
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
PW23192400
City
Los Angeles
County
Los Angeles
Time on Site
195 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $600
  • Total Rent: $600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 424 E 61st Street

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Property Details for 424 E 61st Street

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Avalon & Gage
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 424 E 61st Street

View property's historical transactions
  • October, 2023

  • Oct 15, 2023

    Date

    Active

    CRMLS: PW23192400

    $599,999

    Price

Tax History for 424 E 61st Street

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

424 E 61st Street is listed 51.46% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $280.9 per/sqft which puts the price per square foot 63.66% lower than the median price per square foot for the city of Los Angeles.

About 424 E 61st Street

Detailed summary of property

424 E 61st Street is a triplex located in Los Angeles, CA 90003 and is currently for sale. This triplex offers 4 bedrooms, 2.5 bathrooms, roughly 2,136 living square feet, and sits on an approximately 5,400 square foot lot. 424 E 61st Street was first listed on ArdentRealEstateGroup.com on October 16, 2023. The homeowner is currently asking $599,999. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 51.46% lower than the median priced home. Local competing homes currently for sale include 1121 E 55th St, 854 E 50th St and 907 E 50th St. While the average home in Los Angeles, CA is selling in 96 days, 424 E 61st Street has a days on market of 171 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 424 E 61st Street Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 424 E 61st Street

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$570,000
Median Sold Price/Sq.Ft.
$505
Total Inventory
39
Median Sale to List Price %
99.13%
Avg Days on Market
30
Loan Type
Conventional (37.5%), FHA (25%), VA (0%), Cash (0%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.