515 E  61st St, Los Angeles, CA 90003
OFF MARKET
Listed by Juan Huizar, Sage Real Estate, (562) 400-7622 . Bought with eXp Realty of California Inc

515 E 61st St
Los Angeles, CA 90003

Southeast Los Angeles
  • 5 Beds
  • 4 Baths
  • 2,291 sqft
  • 5 Beds
  • 4 Baths
  • 2,291 sqft

$850,200

Trulia Estimate
as of Mar 28, 2024
Est. Refi. Payment $5,067/mo*

Homes for Sale Near 515 E 61st St

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from May 27, 2022
Welcome to 515 E. 61st St., a 4-unit property in an up-and-coming neighborhood of Los Angeles. Situated in a rapidly-improving neighborhood, this property is ready to rent as-is, while still a great candidate for value-add investors. Despite a great current cap. rate of 6.9%, there is still tremendous upside in the rents. Offering a favorable unit mix of a duplex up front, each unit having 2 beds, 1 bath. In the rear, there are two separate, free-standing structures - with one home being a 1 bed, 1 bath and the second home being a studio. This large lot features tons of gated parking in the rear, while providing an opportunity to build one, if not two, ADUs. Whether you are an owner-user or a traditional investor, this property has unlimited potential.

Home Highlights

Parking
6 Open Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
50 days ago

Home Details for 515 E 61st St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4
Appliances & Utilities
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer ConnectedAppliances: Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Range, RefrigeratorLaundry: InsideRefrigerator
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: StandardHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: TileCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoAccessibility: Parking, Accessible Approach with RampFloors: Tile
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: ShingleFencing: Good Condition, Security, Stucco Wall, Wrought Iron, FencedNo Private Pool
Parking & Garage
Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Driveway,Asphalt,Private,Shared Driveway
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1908
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 6006026028

Price & Status

Price
List Price: $775,000
Status Change & Dates
Off Market Date: Wed May 18 2022

Active Status

MLS Status: Closed

Location

Direction & Address
City: Los Angeles

Building

Building Area
Building Area: 2291 Square Feet

Community

Community Features: Curbs, Sidewalks, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 5419 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Down Payment Resource

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas

Rental

Has Rent Control

Miscellaneous

Mls Number: PW22041707

Additional Information

CurbsSidewalksStreet Lights
Last check for updates: about 6 hours ago
Listed by Juan Huizar DRE #01417642
Sage Real Estate
Caleb Baldwin DRE #02056751, (559) 707-2136
Sage Real Estate
Bought with: Andrew McAdams DRE #02158088, eXp Realty of California Inc
Co-Buyer's Agent: Natasha Gwilt DRE #01417642, (310) 667-1664, eXp Realty of California Inc
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW22041707

Price History for 515 E 61st St

DatePriceEventSource
05/27/2022$775,000Sold
CRMLS #PW22041707
05/18/2022$775,000PendingCRMLS #PW22041707
04/26/2022$775,000ContingentCRMLS #PW22041707
04/11/2022$775,000PriceChange
CRMLS #PW22041707
03/24/2022$800,000PendingToActiveCRMLS #PW22041707
03/18/2022$800,000ContingentCRMLS #PW22041707
03/08/2022$800,000Listed For SaleCRMLS #PW22041707
05/02/2017$520,000Sold
N/A
02/02/2017$549,988PendingAgent Provided
01/13/2017$549,988PriceChange
Agent Provided
12/12/2016$575,000PendingToActiveAgent Provided
11/22/2016$575,000PendingAgent Provided
09/09/2016$575,000PendingToActiveAgent Provided
08/19/2016$575,000PendingAgent Provided
06/15/2016$575,000Listed For SaleAgent Provided
09/19/2007$645,000Sold
N/A
11/30/2006$639,000Sold
N/A
11/22/2004$425,000Sold
N/A
11/24/2003$329,000Sold
N/A
04/29/2003$190,500Sold
N/A
07/01/2002$215,000Sold
N/A
03/26/2001$270,000Sold
N/A
10/28/1999$135,000Sold
N/A
02/09/1999$134,492Sold
N/A
03/06/1998$132,759Sold
N/A

Property Taxes and Assessment

Year2023
Tax$9,862
Assessment$790,500
Home facts updated by county records

Comparable Sales for 515 E 61st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Multi-Family Home
$877,000
10/19/23
6
4
2,435
0.34
Multi-Family Home
$547,537
11/01/23
4
4
2,652
0.32
Multi-Family Home
$680,000
10/17/23
7
3
2,393
0.45
Multi-Family Home
$998,000
11/16/23
8
4
2,432
0.67
Multi-Family Home
$775,000
01/08/24
6
4
2,430
0.60
Multi-Family Home
$772,397
06/26/23
4
4
1,623
0.71
Multi-Family Home
$725,000
09/20/23
4
4
2,464

Assigned Schools

These are the assigned schools for 515 E 61st St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Los Angeles

  • Kenny Calderon
    "Not safe, local stores get theft often. Community has no manners. Too many liquor stores that have alcoholics and too much marijuana shops in the area. Not suitable to invest and have a home with the community."
    1
    Flag
  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    0
    Flag
  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    1
    Flag
  • Trulia User
    "Dog owners in this area who not lol or here because no one picks up after their dogs it’s all over the side walks in the bushes along with all the trash and dirt "
    2
    Flag
  • Trulia User
    "People would get their Dogs stolen. Do not move here. It's not safe. Do not recommend at all. Move in at your own Risk. We are movinv away! "
    3
    Flag
  • Trulia User
    "I been living here all my life and it always great to meet new people and be friendly with everyone around you no matter who you are there’s always a way to communicate with each other’s "
    0
    Flag
  • Trulia User
    "safety in the neighborhood and what kind of predetadors to watch it for I think that's one of the most things important to know about child safety is our risk arr they any parks nearby or schools libraries "
    1
    Flag
  • Trulia User
    "The events for kids in the evenings in the weekends. They are pretty great to entertain family and have kids out of trouble. Amazing activities."
    0
    Flag
  • Trulia User
    "There is a train around the corner and multiple bus routes, traveling to downtown is only 6 stops away "
    2
    Flag
  • Trulia User
    "Stray dogs and cats all over the place. Litter and homeless people all over the place. Not a safe place to take a dog on a walk UNLESS it’s a certified guard dog "
    1
    Flag
  • Trulia User
    "It’s actually good in the neighborhood but I wished there were more busses since it gets busy during the mornings "
    0
    Flag
  • Trulia User
    "been living here 26 years in my house no problem I walk in area for excriseing it cool iam older woman "
    3
    Flag
  • Trulia User
    "yes I see people walking yes I say hi to them yes they say hi to me everybody feels comfortable with each other all is good"
    0
    Flag
  • Trulia User
    "I drive sometimes catch that bus or train walk depending on weather time and traffic or distance of my destination "
    0
    Flag
  • Trulia User
    "the owners modt likely dont pick up the things the dog's do and sometimes the dog has mo leash and feel like they don't care what is going to happen "
    1
    Flag
  • Trulia User
    "It has its own culture, tagging on the wall, people are always playing music, it is a lively community "
    6
    Flag
  • Trulia User
    "A very nice neighborhood to live and bring up a family the center of LA you can go anywhere because the 110 & 10 are close and get get anywhere else in minutes "
    0
    Flag
  • Trulia User
    "Unfortunately, there are no community events that are taking place in or near this neighborhood. "
    0
    Flag
  • Trulia User
    "you see people walking their dogs all the time. dogs love that neighborhood. if I had a dog and I still lived in that area I wouldn't be scared to walk my dog "
    0
    Flag
  • Trulia User
    "Everything is bad here freeways people neighborhood is not clean…..is not safe not nice Can even walk ."
    0
    Flag
  • Trulia User
    "It sucks , there’s no parking and it is always packed. The roads are really bad because there are a lot of potholes."
    0
    Flag
  • Trulia User
    "I’ve grown up here. It’s a nice place. A little rough around the edges sometimes but an alright place to settle. "
    2
    Flag
  • Trulia User
    "be kind but please be safe, keep tabs on your children and pets, its not very safe here past dark "
    0
    Flag
  • Trulia User
    "Everyone knows each other or atleast knows who’s who. People are mostly friendly but lots of gang activities."
    1
    Flag
  • Trulia User
    "None, people are bitter with each other. Neighbors cause a lot of issues. It’s very dirty and there is a lot of homeless people walking around. Gang activity is also a big problem "
    0
    Flag
  • Trulia User
    "Have lived here for 4 years, the neighborhood has been good to us. Schools a good. It’s safe for families to walk in the parks"
    0
    Flag
  • Trulia User
    "We have Bloc parties and flea markets every weekend and a very family oriented neighborhood Close to everything if you choose to drive or take public transportation"
    0
    Flag
  • Trulia User
    "Its not always safe but many people who live around are careful of things. Gives few liberties but need a bit of enforcement in some parts. "
    1
    Flag
  • Trulia User
    "Nice city to live, people are genuinely and kind. Stors and transportation available. Schools for kids "
    0
    Flag
  • Trulia User
    "Been here for 22 years. For me the only perk to living in a urban area such as this is cheap rent & bargain stores that’s it!"
    0
    Flag
  • Arnoldguillen10004
    "It’s the best public transportation silver line then take the green line to lax airport no need to buy an airport parking just leave your car at home and take metro instead and also it’s faster than blue line to staples center and Downtown Los Angeles "
    8
    Flag
  • Stephanie S.
    "Fairs are a culture for the Angelinos. Community resources are available. Variety of libraries and public services "
    3
    Flag
  • Catherine A.
    "It’s peaceful and I enjoy bing in this area there are things hay could be better but over all it’s a nice neighborhood can’t complain at all . "
    1
    Flag
  • Rakia C.
    "it’s a nice place to grow up especially when you know a lot of people it sorta becomes your other family & some of the parks are really nice"
    2
    Flag
  • Lucy L.
    "None we are in quarantine but it isnt a friendly neighborhood. Everyone is pretty independent and there is no community anything"
    0
    Flag
  • Platapaul
    "Not any that I’m aware of. I live in a gated residence, so we do have some food giveaways, but nothing too frequent "
    0
    Flag
  • Malika S. S.
    "we dont have any events , in this area, nothing is special about neighbor hood to much theft car break-ins damage to vehicles car accidents"
    0
    Flag
  • Bryanorlandoelias
    "It’s safe for kids if you limit them to not going outside after dark. It’s south central what do you expect "
    3
    Flag
  • Vanessa G.
    "for me myself i feel as though it is a horrible neighborhood to have kids in. Cars drive fast area is filthy dogs are mean and a prostitute hotel directly across the street"
    1
    Flag
  • La T. W.
    "have your kids in before dark. always know where they are. they are a few people that will take care of your kids as their own. but not many. be VERY selective"
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 515 E 61st St

Off Market Homes Near 515 E 61st St

515 E 61st St, Los Angeles, CA 90003 is a 5 bedroom, 4 bathroom, 2,291 sqft multi-family built in 1908. 515 E 61st St is located in Southeast Los Angeles, Los Angeles. This property is not currently available for sale. 515 E 61st St was last sold on May 27, 2022 for $775,000 (0% higher than the asking price of $775,000). The current Trulia Estimate for 515 E 61st St is $850,200.