1364 61st E 61st, Los Angeles, California 90001, Los Angeles, 90001 - 8 bed, 4 bath
1364 61st E 61st
Los Angeles, California 90001
Property Price
SUMMARY
Analysis of 1364 61st E 61st, Los Angeles, California 90001 is currently available with a list price of $2,000,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 1364 61st E 61st
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1908
- Lot Size
- 6,889 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | - | 87% |
| Baths | 4.0 | - | 87% |
| Square foot | 1,837 | 1,634 | 60% |
| Lot Size | 6,889 | 5,099 | 87% |
| Price | $2.00M | $720.0K | 93% |
| Price per sq ft | $1.1K | $396 | 87% |
| Built year | 1908 | 1945 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 198 | 7% |
Pricing History
Listed for Sale
Jan 14, 2026
$2,000,000
Initial Listing