R3-Zoned Development
For Sale
$1,600,000
1437 E 61st, Los Angeles, CA 90001
Residential R3-zoned lot positioned in a multi-family area with strong walkability and convenient transit access.
Property Size15,131 SF
Lot Size0.34 Acres
Days on Market20
Property Features for 1437 E 61st
General Information
Standard status
Active
Size
15,131 SF
Lot size
0.34 Acres
Property subtype
Commercial
Zoning
R3
Additional Details
Highway Access
Yes
Building Details
Building Size
15,131 SF
Year Built
1956
Listing Agency:
Century 21 Cornerstone
(562) 261-0900
Listed By:
John Heinz · License #01901640
(562) 261-0900
Source:
Elliman
Added: Jul 21
Changed: Aug 8
Last Checked: Aug 8 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Cornerstone
Investment Insights
Based on property information with market context.
This offering is a residential development lot with R3 zoning and an emphasis on flexible infill use. The parcel is described as approximately 15,000 square feet and is surrounded by multi-family properties, including a neighboring 4-unit building, with buyer to verify development options.
The property is centrally located with convenient access to major freeways, public transportation, and local amenities. Reported mobility metrics include a BikeScore of 54 (Bikeable), a walkScore of 81 (Very Walkable), and a transitScore of 62 (Good Transit).
The property is centrally located with convenient access to major freeways, public transportation, and local amenities. Reported mobility metrics include a BikeScore of 54 (Bikeable), a walkScore of 81 (Very Walkable), and a transitScore of 62 (Good Transit).
Key Highlights
- About 15,000 sq ft lot zoned R3 in South Los Angeles, positioned for multi‑family development or other R3 uses (buyer to verify).
- Surrounded by multi‑family properties, including a neighboring 4‑unit building, supporting an area‑oriented infill strategy (buyer to verify).
- WalkScore 81 (very walkable) and transitScore 62 (good transit), with bikeScore 54 (bikeable).
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,338
Businesses Nearby
Explore this area
Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential R3-zoned lot positioned in a multi-family area with strong walkability and convenient transit access.
Where is this residential land & home lot located?
The property is located at 1437 E 61st Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: About 15,000 sq ft lot zoned R3 in South Los Angeles, positioned for multi‑family development or other R3 uses (buyer to verify).; Surrounded by multi‑family properties, including a neighboring 4‑unit building, supporting an area‑oriented infill strategy (buyer to verify).; WalkScore 81 (very walkable) and transitScore 62 (good transit), with bikeScore 54 (bikeable).
