For Sale

Listed by Ronald Allen from Label Realty Group

Source: California Regional Multiple Listing Service, Inc #OC26111724

347 E 61st St, Los Angeles, CA, 90003

$699,999

4
3
4
1420 sq. ft.
5417 sq. ft.

Duplex

1 day on the market

What's around 347 E 61st St

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 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!

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