4115 W 61st, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath
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4115 W 61st
Los Angeles, California 90043
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,361Sq Ft
6,668Lot Size
Property Price
LIST PRICE$849,800
EST. MARKET VALUE
$878,370
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $849,800—positioned well below the $878,370 Fair Market Value by 3%. This valuation gap offers $28,570 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, yet features a versatile floor plan including a dedicated office and a large 6,668 sqft lot. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic cosmetic renovations.
Estimated Market Value
$878,370+$28,570 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4115 W 61st Subject | $849,800* List Price | 3 | 2 | 1,361 | $645 | - |
A 4437 W 59th Place Sold | $920,000 | 3 | 2 | 1,438 | $640 | 0.4 mi |
B 6312 S Verdun Avenue Sold | $1,015,000 | 3 | 2 | 1,260 | $806 | 0.2 mi |
C 4218 W 58th Place Sold | $775,000 | 3 | 2 | 1,399 | $554 | 0.2 mi |
D 4518 Whelan Place Sold | $1,078,000 | 2 | 2 | 1,403 | $768 | 0.6 mi |
E 6325 Alviso Avenue Sold | $715,000 | 2 | 1 | 1,161 | $616 | 0.2 mi |
F 5254 Parkglen Avenue Sold | $1,033,000 | 3 | 2 | 1,518 | $681 | 0.7 mi |
G 4116 W 59th Street Sold | $830,000 | 3 | 2 | 1,446 | $574 | 0.2 mi |
H 6030 Alviso Avenue Sold | $740,000 | 3 | 1 | 1,297 | $571 | 0.2 mi |
I 6307 S Harcourt Avenue Active | $669,950 List Price | 3 | 2 | 1,339 | $500 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1938, this property is significantly dated and shows no evidence of recent major renovations. While functional and well-maintained, it features older systems such as wall heaters (lacks central HVAC), popcorn ceilings, and a kitchen/bathroom style that appears to be over 30 years old. It requires cosmetic updates and system modernizations to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Versatile Floor Plan
The inclusion of a dedicated office space with a private half-bathroom provides an excellent layout for remote work or a guest suite, adding significant functional value.
- Generous Lot & Outdoor Space
Sitting on a 6,668 sqft lot with a large enclosed porch and mature landscaping, the property offers ample space for outdoor entertaining and privacy in a dense urban setting.
CONSRISKS & DEFICIENCIES
- Dated Climate Control
The reliance on wall heaters and ceiling fans rather than a modern central HVAC system may impact energy efficiency and year-round comfort for residents.
- Local School Ratings
The assigned public schools in the immediate area have low performance ratings, which may be a concern for families prioritizing high-ranking educational districts.
About 4115 W 61st
Charming home featuring a two-car garage, a spacious front yard, and a covered entry. The home offers a comfortable living room with a fireplace, a dining area, and a functional kitchen with ample cabinet and counter space. The kitchen also includes a gas cooktop, double wall oven, stainless steel sink, and a nearby laundry area. The bedrooms offer good closet space, ceiling fans, and wall heaters. The primary bedroom includes a ceiling fan and a spacious closet. One additional room can be used as an office and includes a half bathroom. The main bathroom features a walk-in tub. The rear of the home includes a large enclosed porch area. The backyard offers mature trees and foliage hedges.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 6,668 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Centinela Elementary School
Grades K-6 • 0.5 mi
4/10
Fifty-Fourth Street Elementary School
Grades K-5 • 0.6 mi
2/10
Windsor Hills Math Science
Grades K-5 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,361 | 1,664.159 |
| Lot Size | 6,668 | 6,066.556 |
| Price | $849.8K | $1.35M |
| Price per sq ft | $624 | $806 |
| Built year | 1938 | 1939 |
| HOA | $0 | $278 |
| Days on market | 8 | 55 |
Pricing History
Listed for Sale
Sep 1, 2026
$849,800
Initial Listing