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Listed by Ronald Allen • Label Realty Group
$ 699,999
Est. payment /mo
New
347 East 61st Street Los Angeles, CA 90003
4 Beds
3 Baths
1,420 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $492
MLS Listing ID OC-26111724
Bedrooms 4
Full Baths 3
Year Built 1910
Lot Size 5,417 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
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 setup—both 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!
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 setup—both 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
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944