1049 W 61st St - Apartments FOR SALE


Los Angeles, CA 90044- Vermont Harbor
$990,000 USD
818-319-9191
1049 W 61st St, Los Angeles, CA for Sale
$990,000 USD
Apartments - FOR SALE
1/9
null | 5.32% Cap Rate

1049 W 61st St
Los Angeles, CA 90044
Vermont Harbor


HIGHLIGHTS

  • Duplex Configuration: Two detached SFRs on one lot
  • Separate Utilities: Individually metered gas/electric
  • Parking: Dedicated off-street parking for both units
  • Outdoor Space: Private yards for each home
  • Turnkey Asset: Minimal capital expenditure required
  • Ideal for 1031 Exchange or Long-Term Hold

OVERVIEW

Duplex Investment Offering: Two Detached Single-Family Residences on One Lot Updated Construction | Income-Producing | South Los Angeles Location 1049 W 61st St Los Angeles, CA 90044 IKON Properties is pleased to present this great investment opportunity in the heart of Los Angeles, a unique duplex configuration consisting of two fully detached single family homes situated on a single parcel. This offering is ideal for investors seeking stable rental income or owner users looking to offset occupancy costs with supplemental income. The front structure is a well maintained 3-bedroom, 2-bath residence offering generous interior space and functional layout, suitable for family tenancy. The rear unit is a newly constructed 4-bedroom, 2.5-bath home featuring a modern open floor plan, luxury finishes, and energy efficient systems. Both units are separately metered and offer dedicated private yards, in unit laundry, and ample parking. This is a rare find, a duplex that feels like two single family homes with separate entries, privacy, and high end finishes throughout. Whether you’re looking to grow your portfolio or accommodate extended family, this property offers the versatility and value rarely found in today's market.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$271 USD /SF

# OF UNITS

2

PRICE/UNIT

$495,000

CAP RATE

5.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1049 W 61st St | OPEN TO OFFERS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAR2

APN/PARCEL ID

6003-022-019

ASK ABOUT THIS PROPERTY

Blas FernandezIkon PropertiesMore Info
818-319-9191

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Blas FernandezIkon PropertiesMore Info
818-319-9191

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.