$1,050,000
Total Views 91
7 Beds
5 Baths
2,584 Sq Ft
$406 Price per Sq Ft

Highlights

  • 2 Car Direct Access Garage
  • Gated Home
  • 4-minute walk to Vermont Gage Pocket Park
  • Central Heating and Cooling System

About This Home

Marcus & Millichap is pleased to present the opportunity to acquire 1049 W 61st Street, a fully renovated 2,584 square foot duplex consisting of a standalone single-family residence and a newly constructed two-story ADU located in the Vermont-Slauson neighborhood of South Los Angeles. The property is currently fully occupied, while the front house may potentially be delivered vacant, providing flexibility for both investors and potential owner-users. Originally built in 1922, the front unit was fully renovated in 2024 and features a 1,120 square foot 3-bedroom / 2-bathroom single-family residence with a new roof, updated electrical system, copper plumbing, new appliances, and in-unit laundry. It also offers a small front patio area that can be utilized as outdoor space or additional parking. At the rear of the property is a newly constructed 1,464 square foot, two-story ADU. The unit was completed in 2024 and offers 4 bedrooms and 2.5 bathrooms. The first floor features the living room, dining area, kitchen, and half bathroom. There is a private garage with direct access to the unit and all bedrooms and remaining full bathrooms are located on the second level. This unit also includes in-unit laundry, new appliances, gated access, and additional on-site parking. Together, the improvements and new construction create a turnkey duplex with modern systems and updated interiors throughout. Located just off Vermont Avenue, the property offers convenient access to public transportation, neighborhood retail, and schools. The property is a short drive to USC, Exposition Park, Downtown Los Angeles, and major entertainment venues including SoFi Stadium, Kia Forum, and Intuit Dome, with easy access to the 110 Freeway.

Listing Agent

Sevak Keshishian

Marcus & Millichap License #01887505 Listed on: 03/01/2026

Co-Listing Agent

Shara Parseghian

Marcus & Millichap License #01991749

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,057 Sq Ft Lot
  • Lot Dimensions are 45x135
  • Gated Home

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6003-022-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,057 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two, One
  • Street Number Display: Yes
  • Living Area: 2584
  • Lot Acreage: 0.1390
  • Lot Dimensions: 45x135
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 406.35

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Direct Entrance, Private, Private Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 84553
  • Assessed Land Percent: 80
  • Assessed Land Value: 338222
  • Total Assessed Value: 422775
  • Assessor Parcel Number: 6003-022-019
  • Lot Size Area: 6057

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.96
  • Number Of Units: 2
  • Type Of Units: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,365 $422,775 $338,222 $84,553
2024 $5,365 $414,487 $331,591 $82,896
2023 $5,270 $406,361 $325,090 $81,271
2022 $5,037 $398,394 $318,716 $79,678
2021 $4,962 $390,583 $312,467 $78,116
2020 $4,916 $386,580 $309,264 $77,316
2019 $4,727 $379,000 $303,200 $75,800
2018 $598 $33,768 $23,457 $10,311
2016 $565 $32,459 $22,548 $9,911
2015 $559 $31,973 $22,210 $9,763
2014 $573 $31,347 $21,775 $9,572
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2026 03/01/26 For Sale $1,050,000 +177.0% $406 / Sq Ft
09/14/2018 09/14/18 Sold $379,000 0.0% $338 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Off Market $379,000 -- --
06/29/2018 06/29/18 For Sale $400,000 -- $357 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $379,000 Progressive Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,250 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26662815

The MLS

APN: 6003-022-019

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