$1,600,000

1437 E 61st St Los Angeles, CA 90001

Estimated payment $10,217/month

0.35 Acres
$4,588,471 Price per Acre
15,191 Sq Ft Lot

Highlights

  • 0.35 Acre Lot
  • Neighborhood Views
  • Security Fence
  • No HOA

About This Lot

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

John Heinz

Century 21 Cornerstone Brokerage Email: JohnHeinzJr@msn.com License #01901640 Listed on: 04/09/2026

Century 21 Cornerstone

Property Details

Property Type

  • Land

Lot Details

  • 15,191 Sq Ft Lot
  • Security Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned R3

Additional Features

  • Neighborhood Views
  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / A
  • Assessor Parcel Number 6008027030
  • $751 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

0.35 Acres

Listing Details

  • Current Use: Parking lot
  • Possible Use: Parking lot, Multi-Family, Investment, Commercial
  • View: Yes
  • Zoning: R3
  • Property Type: Land
  • Parcel Number: 6008027030
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 105.33

Exterior Features

  • View: Neighborhood
  • Fencing: Security

Utilities

  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 15131
  • Lot Size Sq Ft: 15191.00
  • Lot Size Acres: 0.3487

Multi Family

  • Lot Size Area: 15191.0000 Square Feet

Tax Info

  • Tax Block: A
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 751.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2026 04/09/26 For Sale $1,600,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS26073974

California Regional Multiple Listing Service (CRMLS)

APN: 6008-027-030

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