Skip to content
For SaleLuxury

$1,600,000

212 days on market

1437 E 61st St

Los Angeles, CA 90001

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

1956

Built

Listing narrative

Description

Prime Development Opportunity with Endless Potential! Rare ~15,000 sq ft R3-zoned lot in the heart of South Los Angeles, ideal for developers, investors, or savvy buyers looking to capitalize on future growth. Surrounded by multi-family properties, including a neighboring 4-unit building, this oversized parcel offers strong potential for multi-unit construction, small lot subdivision, or long-term hold (buyer to verify). Centrally located with convenient access to major freeways, public transportation, and local amenities, this property sits in a high-demand rental market with continued growth and redevelopment. Whether you’re looking to build, invest, or secure a large infill lot, opportunities like this are increasingly hard to find. Unlock the full potential of this expansive lot in a rapidly evolving neighborhood!

Listing agent (MLS): John Heinz · Listing brokerage (MLS): Century 21 Cornerstone

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,600,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Year

1956

Status

For Sale

Days on Market

212

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Century 21 Cornerstone