Where location is everything, 1031/1033 W. 61st Street delivers exactly what an investor has been searching for: a well-positioned Los Angeles duplex with immediate income potential, long-term appreciation upside, and a central address that virtually sells itself to tenants. Within minutes, tenants can reach Downtown Los Angeles, the Arts District,… Read More the Natural History Museum of LA, USC, Los Angeles City College, Crypto Arena, Banc of California Stadium, and SoFi Stadium. LAX is a straight shot south on the 110. Shopping centers, restaurants, churches, parks, and schools surround the property. Public transportation options — including the Metro Exposition Line. Two fully self-contained units. Separate utilities. A long driveway. A fully fenced yard. And a neighborhood poised for continued rent growth. A fully fenced lot offering privacy and security for tenants, a long private driveway with ample parking for multiple vehicles, a detached two-car garage, and both a front and rear yard — outdoor space that tenants in this market will want. Each unit is a thoughtfully laid out two-bedroom, one-bathroom home with its own living room, kitchen, and gas dryer hookup. Crucially, every unit operates on its own separate gas and electric meters, minimizing owner utility exposure and maximizing simplicity for property management. Water is the only shared utility — a standard and easily structured arrangement that keeps your operating costs predictable. Opportunities like this in such a prime, centrally located Los Angeles corridor are limited and move quickly. Discover the investment potential, location advantages, and long-term value this duplex has to offer before it’s gone! Read Less
Property listed by REALTY MASTERS & ASSOCIATES, Gilbert Garcia 626-893-2817
Listing Snapshot
Days Online
8
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1913
MLS Number
CV26116224
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
Microwave, Refrigerator
Building
Built in 1913, 1 building, 1 storey, Levels: One, Entry level: 1, Entry location: Ground Level with Steps, Construction Materials: Brick, WoodSiding
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, Standard, 2 separate electric meters, 2 separate gas meters, 2 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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