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$699,999
347 E 61st Street, Los Angeles, CA 90003
Label Realty Group
4Beds
3Baths
1,420Sq Ft
4Parking
1910Built
8Days Listed
About This Property
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!
Ronald AllenLabel Realty Group310-482-0405
Property Location
Map
Property Details
- Property Type
- Townhouse
- Bedrooms
- 4
- Bathrooms
- 3
- Building Area
- 1,420 Sqft
- Living Area
- 1,420 sqft
- Year Built
- 1910
- Stories
- 1.0
- Status
- Active
- Days on Market
- 8
- Cumulative Days on Market
- 2
- Original Price
- $699,999
Location & Neighborhood
What's nearby 347 E 61st Street, Los Angeles, CA 90003
Nearby Schools
- Sixty-Sixth Street Elementary School0.3 mi
elementary
- Unnamed School0.5 mi
elementary
- Juanita Tate Elementary School0.5 mi
elementary
Transit Access
- Avalon & 61st0.2 mi
Bus Stop
- Gage & San Pedro0.2 mi
Bus Stop
- Avalon & 59th Place0.2 mi
Bus Stop
- Gage & Avalon0.2 mi
Bus Stop
- Avalon & Gage0.2 mi
Bus Stop
Local Amenities
POI data updated 6/4/2026
Los Angeles Market Snapshot
1,499
Active Listings
$799K
Median Price
83
Avg Days on Market
Last updated: Jun 3, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$699,999