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347 E 61st St

Los Angeles CA 90003

4
3
4
1420 sq. ft.
5417 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!

Features

4 bedrooms
3 bathrooms
4 carspaces
2 open car spaces
2 garage spaces
1420 sq. ft. floor area
5417 sq. ft. lot size
Duplex

Property history for 347 E 61st St

2019
Sold
$549,900
08 Feb 2019 by Luis Martinez, of Dlp Realty Sales & Loans
2018
Sold
$372,000
03 May 2018 by David Jervis, of Century 21 Jervis & Associates

Happy sellers in Los Angeles

95%
95% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for 4 bedroom duplexes in Los Angeles

In the last 12 months, 4 four-bedroom duplexes similar to 347 E 61st St, have been sold.

This represents a 300% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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