$680,000
1031 W 61st Street, Los Angeles CA 90044
Multi-Family (Duplex)
Property type
1 day
On market
$453
Price per sqft
2 cars
Garage
1913
Year built
6,057 sqft
Lot size
Home highlights
Open Houses
Overview
Where location is everything, 1031/1033 W. 61st Street delivers exactly what an investor has been searching for: a well-positioned Los Angeles duplex with immediate income potential, long-term appreciation upside, and a central address that virtually sells itself to tenants. Within minutes, tenants can reach Downtown Los Angeles, the Arts District, the Natural History Museum...
Listing provided by: Gilbert Garcia DRE #01181354 626-893-2817, REALTY MASTERS & ASSOCIATES, Jessica Torres DRE #02122580, eXp Realty of Southern California, Inc.
Listing updated: Jun 5, 2026 at 09:55pm.
Last checked: Jun 5, 2026 at 10:30pm
Source: CRMLS #CV26116224
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 1 | $2,125 | $2,125 | $2,125 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,150 | $2,150 | $2,150 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Carpet: 2
Refrigerator: 2
Rent Control: Yes
Units Leased: 2
Total Actual Rent: $51,300
Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
13.3x
List Price / Annual Gross Rent
Cap Rate
6.48%
NOI / List Price
Gross Scheduled Income: $51,300
Operating Expense: $7,206
Net Operating Income: $44,094
Annual Operating Expenses
Cable TV: $0
Electric: $0
Furniture Replacement: $0
Gardener: $1,080
Fuel: $0
Insurance: $2,002
Licenses: $0
Maintenance: $0
New Taxes: $0
Pest Control: $0
Pool: $0
Professional Management: $4,104
Supplies: $0
Trash: $0
Water / Sewer: $0
Workers Comp: $0
Interior
Interior Features: Main Floor Bedroom
Room Type: Bedroom, Entry Foyer, Kitchen, Laundry, Living Room
Flooring: Carpet, Laminate
Cooling: Ductless, Wall Window Units
Heating: Ductless
Appliances: Microwave, Refrigerator
Fireplace: None
Laundry: Outside
Entry Location: Ground Level With Steps
Exterior
Architectural Style: Bungalow
Property Attached: Yes
Stories Total: 1
Levels: One
Roof: Composition
Foundation: Raised
Construction Materials: Brick, Wood Siding
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors, Window Bars
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: Wrought Iron
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Driveway
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6003022023
Tax Lot: 22
Zoning: LAR2
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1031 W 61st Street, Los Angeles, CA 90044. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$544,000
Total Interest
$693,842
Total Payment
$1,237,842
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$4,297
per month
Property History for 1031 W 61st Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90044.
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