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Two-House Multifamily Property
New
For Sale
$749,900

1656 E 61st, Los Angeles, CA 90001

Separate front and rear residences include gated access, a two-car garage, and driveway parking.

Property Size1,516 SF
Days on Market6

Property Features for 1656 E 61st

General Information

Standard status Active
Size 1,516 SF
Total Parking Spaces 8
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Amenities

gated entrance

Building Details

Building Size 1,516 SF
Year Built 1948
Buildings 3
Listing Agency: Transunited Realty Group
Listed By: Rafael Cortes · License #01332267
Source: Milsteinestates
Added: Aug 30 Changed: Sep 3 Last Checked: Sep 2 at 9:19PM

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 Transunited Realty Group

Investment Insights

Based on property information with market context.

This multifamily property contains two separate houses on one lot. The front residence is currently configured with three bedrooms, while the rear residence is used as a two-bedroom home. Improvements also include a two-car garage, gated entry, and a long driveway with parking for six vehicles.

Built in 1948, the property is located in Los Angeles with access to Downtown Los Angeles and nearby entertainment destinations identified in the listing, including SoFi Stadium and LA LIVE. The separate-house layout and on-site parking define the property's primary physical features.

Key Highlights

  • Two separate houses situated on one lot
  • Front house currently used as a 3‑bedroom residence
  • Rear house currently used as a 2‑bedroom residence

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,337
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Separate front and rear residences include gated access, a two-car garage, and driveway parking.
Where is this multifamily property located?
The property is located at 1656 E 61st Los Angeles, CA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two separate houses situated on one lot; Front house currently used as a 3‑bedroom residence; Rear house currently used as a 2‑bedroom residence
More about this property
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