Los Angeles, CA90001
| MLS# DW25070001
Tract:
For Sale $399,000
Description
Great opportunity for Investors/developers with the new 2025 re-zoning changes SB1211. This sale includes 2 parcels that are adjoined, each has a single family residences built on it in bad condition. The locations are 1701 and 1703 E. 61st. street in Los Angeles Ca in 90001 area. Investors/developers are advised to do their own dual diligent inspections and investigations and encouraged to call or visit the L.A. County Regional Planning Southwest Field Office on Imperial Hwy for further details. The parcel at 1701 has a parcel number of 6009-008-024 and the SFR is a 2 bedrooms 1 bath home with a living square footage of approx. 580 built on a 2,923 sqft lot. It currently has fire damage which has affected the interior. The back parcel, which is 1703 61st., has a parcel number of 6009-008-025, the SFR is a 2 bedroom 1 bath with a living square footage of approx. 496 built on a 2,366 sqft. lot. These parcels are an exceptional opportunity for development and expansion. This neighborhood is conveniently located near local amenities, schools, shopping centers, churches, parks etc. with easy access to major highways and public transportation. Great opportunity for multifamily housing development for a profitable investment, if permitted
Facts
| Built in | Lot Size: 5289.00 sqft | HOA Dues: $0/month
Features
Listing provided by Daniel Calderon, Executive Bankers Realty
Based on information from California Regional Multiple Listing Service, Inc. as of August 1, 2025. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.