1437 E 61st,Los Angeles, CA 90001
Los Angeles, CA 90001
Description
Prime Development Opportunity with Endless Potential! Rare ~15,000 sq ft R3-zoned lot in the heart of South Los Angeles, ideal for developers, investors, or savvy buyers looking to capitalize on future growth. Surrounded by multi-family properties, including a neighboring 4-unit building, this oversized parcel offers strong potential for multi-unit construction, small lot subdivision, or long-term hold (buyer to verify). Centrally located with convenient access to major freeways, public transportation, and local amenities, this property sits in a high-demand rental market with continued growth and redevelopment. Whether you’re looking to build, invest, or secure a large infill lot, opportunities like this are increasingly hard to find. Unlock the full potential of this expansive lot in a rapidly evolving neighborhood!
Details
| MLS # | RS26073972 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 159 |
| Listing Provided By | Century 21 Cornerstone | John Heinz |
Features
| SQ Feet | 15,131 |
|---|---|
| Zoning | R3 |
| Acreage | 15191.00 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Utilities
| Utilities | Water Not Available |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90001) | |
Price: $1,600,000 low | high Med: $895,500 sqft: 15,131 low | high Med: 2,224 $ / sqft: $106 low | high Med: $403 On site: 159 low | high Med: 52 | |
Market Activity 90001
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90001) | |
Price: $1,600,000 low | high Med: $895,500 sqft: 15,131 low | high Med: 2,224 $ / sqft: $106 low | high Med: $403 On site: 159 low | high Med: 52 | |