4 months on rocket

316 E 61st St, Los Angeles, CA, 90003

$1,585,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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316 E 61st St, Los Angeles$1,585,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1964
MLS #RS23227700
Lot Size0.12 Acres
StatusActive

About 316 E 61st St

Do not miss out on this BIG Investment Opportunity! A 2 unit residential building plus ADU in the heart of Los Angeles! Brand new ADU addition was recently built, subject is near freeway , very convenient location. Huge parking space one the back. Tenants occupied. Do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2

Listing Office:

  • Office Name: C-21 Realty Team
  • Office Email: margarito.barraza@yahoo.com
  • Listing Agent: Margarito Barraza

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Los Angeles Academy Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Cross st are San Pedro St and E. 61st St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,585,000

Tax Information:

  • Annual Amount: $5,242
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

316 E 61st St vs Los Angeles

132 DAYS ON ROCKET

+98 Days

$1,585,000

+$609K More

KEY TAKEAWAY

This property is $609K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RS23227700

Listing Office:

  • Office Name: C-21 Realty Team
  • Office Email: margarito.barraza@yahoo.com
  • Listing Agent: Margarito Barraza

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2018Home Sold
$405,000
Aug 14, 2013Home Sold
$200,000
Nov 19, 2004Home Sold
$340,000
Feb 04, 2000Home Sold
$152,000
Apr 16, 1999Home Sold
$122,500
Sep 07, 1994Home Sold
$145,500
Oct 07, 1993Home Sold
$57,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,242$425,727
2020$5,092$421,362
2019$5,063$413,100
2018$2,727$405,756
2017$2,727$211,247

History based on county public records data.

Payment Calculator

$7,978

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,818

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3054763
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.19 miles

  • Public Magnet Grades KG-6

school-card-donut-3054764
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 18.69 miles

  • Public Magnet Grades KG-5

school-card-donut-3054765
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 25.63 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3054766
3
/10

  • Los Angeles Academy Middle School

  • 644 E 56th St

  • 0.52 miles

  • Public District Grades 6-8

school-card-donut-3054767
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.52 miles

  • Public District Grades 6-8

High School

school-card-donut-3054768
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 0.98 miles

  • Public Magnet Grades 9-12

school-card-donut-3054769
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.92 miles

  • Public Magnet Grades 9-12

school-card-donut-3054770
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.56 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,905. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90003›316 E 61st St

This home is located at 316 E 61st St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This home, which was built in 1964, sits on a 0.12 acre lot. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $1,585,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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