Property Detail

Description

Great opportunity for Investors/developers with the new 2025 re-zoning changes SB1211. This sale includes 2 parcels that are adjoined, each has a single family residences built on it in bad condition. The locations are 1701 and 1703 E. 61st. street in Los Angeles Ca in 90001 area. Investors/developers are advised to do their own dual diligent inspections and investigations and encouraged to call or visit the L.A. County Regional Planning Southwest Field Office on Imperial Hwy for further details. The parcel at 1701 has a parcel number of 6009-008-024 and the SFR is a 2 bedrooms 1 bath home with a living square footage of approx. 580 built on a 2,923 sqft lot. It currently has fire damage which has affected the interior. The back parcel, which is 1703 61st., has a parcel number of 6009-008-025, the SFR is a 2 bedroom 1 bath with a living square footage of approx. 496 built on a 2,366 sqft. lot. These parcels are an exceptional opportunity for development and expansion. This neighborhood is conveniently located near local amenities, schools, shopping centers, churches, parks etc. with easy access to major highways and public transportation. Great opportunity for multifamily housing development for a profitable investment, if permitted