136 W 61st Street, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Modern High-Density Income Duplex serves as a turnkey asset with a List Price of $1,279,000, positioned near its $1,238,128 Fair Market Value. Boasting an Excellent Condition Rating, this 2019 construction features Granite Countertops, Stainless Steel Appliances, and a massive 10-bedroom total footprint. The property generates a robust $8,300 in Monthly Rent from a single master tenant, ensuring streamlined management and immediate cash flow. Located minutes from USC and Inglewood, the high rental demand supports long-term appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable, high-yield Los Angeles real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 136 W 61st Street Subject | $1,279,000* List Price | 0 | 0 | 3,550 | $349 | - |
A 157 W 65th Street Sold | $1,400,000 | 0 | 0 | 3,832 | $365 | 0.2 mi |
B 6616 S Figueroa Street Sold | $1,110,000 | 0 | 0 | 3,408 | $326 | 0.5 mi |
C 341 343 W 73rd Street Sold | $1,150,000 | 0 | 0 | 3,506 | $328 | 0.7 mi |
D 314 - 316 W 65th Street Active Under Contract | $1,050,000 List Price | 0 | 0 | 3,538 | $297 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this modern duplex is less than 10 years old and meets current quality standards. The property features contemporary finishes including recessed lighting, stainless steel appliances, modern cabinetry, and stone countertops, with all major systems being virtually new and well-maintained.
Built in 2019, this property offers the benefit of modern building codes, energy efficiency, and significantly lower immediate maintenance requirements compared to older Los Angeles duplexes.
With a combined monthly rent of $8,300, the property generates a robust gross income, offering an attractive cap rate for investors in the current market.
The rare 5-bedroom, 3-bathroom configuration per unit maximizes rental capacity and appeals to large families or student housing needs near USC.
The reliance on a single master tenant for the entire income stream creates a concentrated vacancy risk if the lease is terminated or the tenant defaults.
A 10-bedroom total capacity suggests a high number of occupants, which typically leads to accelerated wear and tear on the property's interior and systems.
Managing high-bedroom-count units often requires more intensive oversight and utility monitoring compared to smaller residential income properties.
Exceptional Investment Opportunity in Los Angeles. This newly built modern duplex offers a total of 3,555 sq. ft. of living space on a lot size 5,122 sqft. providing a rare combination of newer construction and steady income. Unit 136: 5 Bedrooms / 3 Bathrooms. Unit 138: 5 Bedrooms / 3 Bathrooms. Both spacious units are leased to a single master tenant at a combined rent of $8,300 per month. Ideal for investors seeking a low-maintenance, income-producing asset in the Los Angeles market with modern construction and strong rental demand. Long driveway plus extra parking spaces in back. Ideally located near USC and Inglewood, this property benefits from strong rental demand, making it an excellent opportunity for investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,550 | 1,907 | 87% |
| Lot Size | 5,122 | 5,170 | 42% |
| Price | $1.28M | $770.0K | 91% |
| Price per sq ft | $360 | $360 | 50% |
| Built year | 2019 | 1930 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 191 | 11% |
Feb 1, 2026
$1,279,000
Initial Listing