1137 W 61st, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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1137 W 61st
Los Angeles, California 90044
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,944Sq Ft
5,382Lot Size
Property Price
LIST PRICE$975,000
EST. MARKET VALUE
$874,256
11% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $975,000—positioned well above the $874,256 Fair Market Value by 11%. While the current pricing reflects a premium, the 5,382 sqft lot offers significant ADU development potential to maximize rental yield. With a Condition Rating of 5, the property requires a full interior rehabilitation to unlock its true value. This asset is best suited for Buy-and-Hold Investors or Contractors capable of navigating unpermitted space discrepancies and executing a comprehensive value-add strategy.
Estimated Market Value
$874,256
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1137 W 61st Subject | $975,000* List Price | 0 | 0 | 1,944 | $450 | - |
A 906 W 59th Sold | $725,000 | 0 | 0 | 1,916 | $378 | 0.4 mi |
B 829 W 69th Sold | $975,000 | 0 | 0 | 2,593 | $376 | 0.6 mi |
C 915 W Gage Sold | $717,500 | 4 | 3 | 1,448 | $496 | 0.4 mi |
D 915 W Gage Sold | $717,500 | 0 | 0 | 1,448 | $496 | 0.4 mi |
E 1300 W 71st Active Under Contract | $699,800 List Price | 0 | 0 | 1,850 | $378 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922, this century-old duplex lacks any mention of recent renovations to kitchens, bathrooms, or critical systems (HVAC/Electric). The absence of interior photos and the listing's focus on ADU potential and tenant occupancy strongly suggest the interior is in original or severely dated condition requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Value-Add Potential
The property features a 5,382 sqft lot with room to build an Accessory Dwelling Unit (ADU), offering a significant opportunity to increase density and generate additional rental income.
- Enhanced Rental Configuration
While public records show only three bedrooms, the actual layout includes additional bedrooms and a den, providing more functional space and higher income potential than standard records suggest.
CONSRISKS & DEFICIENCIES
- Permit and Record Discrepancies
There is a significant discrepancy between the property profile and the physical bedroom count, which may indicate unpermitted work and requires the buyer to conduct extensive due diligence.
- Tenant Occupancy Constraints
The property is currently occupied by tenants with instructions not to disturb them, which can complicate the inspection process and delay immediate renovation or repositioning plans.
About 1137 W 61st
SELLER IS MOTIVATED! please contact agent for more information. Property profile shows 2 bedrooms in from and 1 bedroom in back (total 3) however current owner purchased with 2 bedrooms in back and 2 bedrooms plus den in front. Buyer to conduct own research. PLEASE DO NOT DISTURB TENANTS OR WALK INSIDE OF THE PROPERTY. VERY EASY TO SHOW, BY APPOINTMENT ONLY. THE INFORMATION PROVIDED IS DEEMED RELIABLE BUT NOT GUARANTEED. THERE IS ROOM TO BUILD AN ADU (BUYER TO RESEARCH) AND GENERATE MORE INCOME. SEND YOUR OFFERS! Thank you!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,382 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Budlong Avenue Elementary School
Grades K-5 • 0.2 mi
3/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Grades K-6 • 0.6 mi
2/10
Sixty-First Street Elementary School
Grades K-6 • 0.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,944 | 2,187.451 |
| Lot Size | 5,382 | 5,841.385 |
| Price | $975.0K | $841.5K |
| Price per sq ft | $502 | $385 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 44 | 85 |
Pricing History
Listed for Sale
Jul 27, 2026
$975,000
Initial Listing
Sold
Nov 15, 2005
$500,000
Public Record
Sold
Sep 24, 2004
$350,000
Public Record
Sold
Feb 18, 2003
$40,000
Public Record
Sold
Apr 4, 2002
$185,000
Public Record