347 E 61st Street, Los Angeles, CA 90003
List Price: $700K
Listing Status: Active
0Days on Market: 0
4 Bedrooms · 3 Bathrooms · 1,420 sq ft
Property Type: Residential
Year Built: 1910
Lot Size: 5,417 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: OC26111724
About This Property
Cash Flow opportunity with pre-submitted ADU plans! This exceptional 4BR/3BA duplex offers immediate multi-unit flexibility and outstanding long-term growth potential. Perfect for buyers utilizing FHA/VA financing looking to maximize their purchasing power, or savvy investors seeking an asset with market-rate upside from day one. The front unit features a spacious 3BD/2BA layout, while the rear unit offers a comfortable 1BD/1BA setup—both boasting excellent natural light, open living areas, indoor laundry hook-ups, and central A/C. Additional property highlights include solar panels for premium energy efficiency, ample off-street parking, and a generous lot. Maximize your equity effortlessly: the seller has already submitted plans for a detached 2BD/1BA Accessory Dwelling Unit (ADU). This future expansion potential allows the next owner to seamlessly add an additional income stream or create a multi-generational compound without starting from scratch on design or entitlements. Centrally located near shopping, dining, and major commuter routes, this duplex delivers the perfect combination of immediate returns and future expansion!
Listing provided by: Ronald Allen DRE #01720299 323-210-7282 ron@labelrealtygroup.com, Label Realty Group
Source: CRMLS, MLS #: OC26111724
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.