Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Bedrooms
- 2
- Building size
- 2,584 sqft
- Lot size
- 6,057 sqft
- Year built
- 1922
- Stories
- 0
- Heating
- Central
- Cooling
- Central Air
- Status
- Active
- Days on market
- 0
- MLS #
- 249349993
About this property
We are pleased to present the opportunity to acquire 1049 W 61st Street, a fully renovated 2,584 square foot duplex consisting of a standalone single-family residence and a newly constructed two-story ADU located in the VermontSlauson neighborhood of South Los Angeles. The property is currently fully occupied, but the sellers are willing to deliver one unit vacant before the close of escrow, providing flexibility for both investors and potential owner-users.Originally built in 1922, the front unit was fully renovated in 2024 and features a 1,120 square foot 3-bedroom / 2-bathroom single-family residence with a new roof, updated electrical system, copper plumbing, new appliances, and in-unit laundry. It also offers a small front patio area that can be utilized as outdoor space or additional parking.At the rear of the property is a newly constructed 1,464 square foot, two-story ADU totaling 1,464 square feet. The unit was completed in 2024 and offers 4 bedrooms and 2.5 bathrooms. The first floor features the living room, dining area, kitchen, and half bathroom. There is a private garage with direct access to the unit and all bedrooms and remaining full bathrooms are located on the second level. This unit also includes in-unit laundry, new appliances, gated access, and additional on-site parking. Together, the improvements and new construction create a turnkey duplex with modern systems and updated interiors throughout.Located just off Vermont Avenue, the property offers convenient access to public transportation, neighborhood retail, and schools. The property is a short drive to USC, Exposition Park, Downtown Los Angeles, and major entertainment venues including SoFi Stadium, Kia Forum, and Intuit Dome, with easy access to the 110 Freeway.
Location
1049 W 61st Street
Los Angeles, Los Angeles, CA, 90044