R3-Zoned Development Land
For Sale
$1,600,000
1437 East 61st Street, Los Angeles, CA 90001
Oversized R3-zoned lot offered for redevelopment in a multi-family area of South Los Angeles.
Property Size15,131 SF
Lot Size0.34 Acres
Price / SF$105.74
Days on Market123
Property Features for 1437 East 61st Street
General Information
Standard status
Active
Size
15,131 SF
Lot size
0.34 Acres
Property subtype
Commercial Sale / Multi Family
Zoning
R3
Building Details
Year Built
1956
Listing Agency:
Century 21 Cornerstone
(562) 261-0900
Listed By:
John Heinz · License #01901640
(562) 261-0900
Source:
Compass
Added: Apr 9
Changed: Aug 8
Last Checked: Apr 9 at 9:23PM
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 land lot listed as approximately 15,131 square feet and designated R3 zoning (buyer to verify). The property is presented as an infill opportunity within a multi-family surrounding context.
The lot is located at 1437 East 61st Street in Los Angeles and is described as having convenient access to major freeways, public transportation, and local amenities. Public remarks note a neighboring 4-unit building and proximity to other multi-family properties.
The site is positioned for buyers evaluating multi-unit construction, small lot subdivision, or long-term hold strategies, subject to applicable approvals and verification by the buyer.
The lot is located at 1437 East 61st Street in Los Angeles and is described as having convenient access to major freeways, public transportation, and local amenities. Public remarks note a neighboring 4-unit building and proximity to other multi-family properties.
The site is positioned for buyers evaluating multi-unit construction, small lot subdivision, or long-term hold strategies, subject to applicable approvals and verification by the buyer.
Key Highlights
- R3‑zoned lot in South Los Angeles offered for redevelopment.
- Approximately 15,000 sq ft oversized parcel.
- Year built: 1956.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,486
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Oversized R3-zoned lot offered for redevelopment in a multi-family area of South Los Angeles.
Where is this residential land & home lot located?
The property is located at 1437 East 61st Street 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: R3‑zoned lot in South Los Angeles offered for redevelopment.; Approximately 15,000 sq ft oversized parcel.; Year built: 1956.
