6 months on rocket

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

$599,999

Home List Price

$7,125*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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424 E 61st St, Los Angeles$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway
Garage1 space
Year Built1930
MLS #PW23192400
Lot Size0.12 Acres
StatusActive

About 424 E 61st St

Welcome to this Los Angeles triplex – an excellent income property opportunity. This property is a bit of a fixer-upper and comes with the tenants currently in place. The tenants are on a month-to-month lease, which provides some flexibility for potential buyers.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: The M & M Team Realty
  • Office Phone: (323) 240-5413
  • Listing Agent: Linda Henry

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway

Lot Features

Lot Information:

  • 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: Avalon & Gage

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999

Tax Information:

  • Annual Amount: $687
  • 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

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

424 E 61st St vs Los Angeles

201 DAYS ON ROCKET

+167 Days

$599,999

-$386.4K Less

KEY TAKEAWAY

This property is $386.4K less 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: #PW23192400

Listing Office:

  • Office Name: The M & M Team Realty
  • Office Phone: (323) 240-5413
  • Listing Agent: Linda Henry

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: 5/5/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$687$31,198
2020$672$30,879
2019$564$30,274
2018$553$29,681
2017$553$29,100

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-6362910
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.27 miles

  • Public Magnet Grades KG-6

school-card-donut-6362911
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 18.70 miles

  • Public Magnet Grades KG-5

school-card-donut-6362912
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 25.75 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6362913
3
/10

  • Los Angeles Academy Middle School

  • 644 E 56th St

  • 0.48 miles

  • Public District Grades 6-8

school-card-donut-6362914
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.50 miles

  • Public District Grades 6-8

High School

school-card-donut-6362915
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 0.99 miles

  • Public Magnet Grades 9-12

school-card-donut-6362916
8
/10

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

  • 456 S Mathews St

  • 4.84 miles

  • Public Magnet Grades 9-12

school-card-donut-6362917
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.66 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. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90003›424 E 61st St

This home is located at 424 E 61st St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This home, which was built in 1930, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 16, 2023 and is currently priced at $599,999.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

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

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