1364 61st E 61st, Los Angeles, California 90001, Los Angeles, 90001 - 8 bed, 4 bath
ACTIVE$2,000,000$1,837/sqft
1364 61st E 61st, Los Angeles, California 90001
8Beds
4Baths
1,837Sqft
6,889Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Income Potential & Flexibility: This triplex, with an approved ADU plan, is fully furnished, remodeled, and Airbnb ready, projecting an impressive $146,000 in income for 2025, making it ideal for investment or multi-generational living.
Top Cons:
Shared Water Utility: The shared water system among units could lead to billing complexities or potential tenant disputes regarding usage and costs.
Compared to the nearby listings
Price:$2.00M vs avg $708.0K (+$1,292,000)91%
Size:1,837 sqft vs avg 1,320 sqft82%
Price/sqft:$1.1K vs avg $47882%
More Insights
Built in 1908 (118 years old).
Condition: Despite being built in 1908, the property has undergone extensive recent renovations, as explicitly stated in the description ('REMODELEED AND FULLY AIRBNB READY'). The images showcase multiple units with modern kitchens featuring white shaker cabinets, stainless steel appliances, and contemporary backsplashes, alongside updated bathrooms with stylish vanities, tiling, and fixtures. While some units display slightly more traditional finishes (e.g., wood cabinets, terracotta-style tile), they are all clean and well-maintained. The presence of individual wall-mounted AC units rather than central air is a functional solution for a multi-unit property of this age, making it move-in ready with no immediate renovation required.
Year Built
1908
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,089
HOA
-
Days on market
-
Sold On
-
MLS number
PW26008124
Home ConditionGood
Features
Patio
View-
About this home
LOOKING FOR AN AMAZING INVESTMENT OR MULTIGENERATION LIVING. THIS BEAUTIFUL TRIPLEX OFFERS INCREDIBLE INCOME WITH AN APPROVED CITY PLAN TO BUILD AN ADU!! THE PROPERTY IS VACANT, FURNISHED, REMODELEED AND FULLY AIRBNB READY WITH AVERAGE INCOME GENERATED OF $146,000 IN 2025. EACH UNIT HAS ITS OWN ELECTRICAL SYSTEM. THEY SHARE WATER, WITH 8 CARS FITTING INSIDE THE LOT, EACH UNIT WILL BE FURNISHED, AND THERE ARE 6 RING CAMERAS. ENJOY PRIVATE OUTDOOR SPACE WITH UNIT 1362 HAS 2 BEDROOMS AND ONE BATH, 1364 HAS 4 BEDROOMS AND TWO BATH, 1364 1/2 HAS TWO BEDROOMS AND ONE BATH. LOCATED NEAR SCHOOLS, PARKS, AND PUBLIC TRANSPORATION. FOUR MILES FROM DOWNTOWN LA.
C
Chris Woodard
Listing Agent
Condition Rating
Good
Despite being built in 1908, the property has undergone extensive recent renovations, as explicitly stated in the description ('REMODELEED AND FULLY AIRBNB READY'). The images showcase multiple units with modern kitchens featuring white shaker cabinets, stainless steel appliances, and contemporary backsplashes, alongside updated bathrooms with stylish vanities, tiling, and fixtures. While some units display slightly more traditional finishes (e.g., wood cabinets, terracotta-style tile), they are all clean and well-maintained. The presence of individual wall-mounted AC units rather than central air is a functional solution for a multi-unit property of this age, making it move-in ready with no immediate renovation required.
Pros & Cons
Pros
High Income Potential & Flexibility: This triplex, with an approved ADU plan, is fully furnished, remodeled, and Airbnb ready, projecting an impressive $146,000 in income for 2025, making it ideal for investment or multi-generational living.
Immediate Income & Turnkey: Being vacant, furnished, remodeled, and fully Airbnb ready, the property allows for immediate income generation without additional setup costs or renovation delays.
Significant Value-Add Opportunity: The approved city plan for an Accessory Dwelling Unit (ADU) provides a clear and substantial path to increased rental income and overall property value.
Excellent Parking & Security: Ample on-site parking for 8 cars and the inclusion of 6 Ring cameras enhance convenience, safety, and tenant appeal in a dense urban environment.
Prime Urban Location: Strategically located just four miles from Downtown LA, with proximity to schools, parks, and public transportation, ensuring strong rental demand and accessibility.
Cons
Shared Water Utility: The shared water system among units could lead to billing complexities or potential tenant disputes regarding usage and costs.
Historic Property Age: Built in 1908, the property's age, despite recent remodeling, may still present underlying maintenance considerations typical of older structures.
Lack of Scenic Views: The property does not offer any specific scenic views, which might be a consideration for some prospective buyers or renters in the Los Angeles market.