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4 Beds
3 Baths
1,420 sqft

$760,000

347 E 61st Street, Los Angeles CA, 90003

Price per sqft$535.21
Built in1910
Property size1,420 sqft
Property typeMulti-family
test courtesy

Overview

Active

Listed May 16, 2025

Updated Apr 10

Cash Flow Opportunity + ADU Plans | Investors, FHA & VA Buyers Welcome! Don’t miss out on this 4BR/3BA duplex, which offers stability and long-term growth potential. Featuring a 3BD/2BA front unit and a 1BD/1BA rear unit. Perfect for multi-generational living, investors seeking reliable income, or owner-occupants looking for an affordable way to offset their mortgage. Each unit provides natural light, open living areas, indoor laundry, and central A/C. Additional highlights include solar panels for energy efficiency, off-street parking, and a spacious lot. Most importantly, the seller has already submitted plans for a detached 2BD/1BA ADU. This future expansion potential provides the next owner with a valuable opportunity to add rental income or create additional living space without starting from scratch on plans or entitlements. Leverage this major advantage that adds significant value and positions the property for growth beyond the duplex structure. Currently, one unit is rented with guaranteed Section 8 income. (Buyer to verify occupancy at COE) Centrally located near shopping, dining, and commuter routes. This property delivers a combination of income, future expansion, and long-term equity building. Whether you are an investor seeking consistent returns or an FHA/VA buyer ready to step into ownership with income support, this duplex provides a rare opportunity to secure both cash flow today and expansion potential tomorrow

$5,056/mo

Est. mortgage payment based on a $760,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC25109004

Interior Features

Bedrooms
4
Bathrooms
3

Exterior Features

Lot Size
0.12 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Label Realty Group, Ronald Allen

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 7:39 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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