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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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347 61st Street, Los Angeles – $760,000

  • 4 Beds
  • 3 Baths
  • 1,420 Sqft
  • .12 Acres
  • 4 Beds
  • 3 Baths
  • 1,420 Sqft
  • .12 Acres

347 61st Street

Cash Flow Opportunity + ADU Plans | Investors, FHA & VA Buyers Welcome! Don’t miss out on this 4BR/3BA duplex, which offers stability and long-term growth potential. Featuring a 3BD/2BA front unit and a 1BD/1BA rear unit. Perfect for multi-generational living, investors seeking reliable income, or owner-occupants looking for an affordable way to offset their mortgage. Each unit provides natural light, open living areas, indoor laundry, and central A/C. Additional highlights include solar panels for energy efficiency, off-street parking, and a spacious lot. Most importantly, the seller has already submitted plans for a detached 2BD/1BA ADU. This future expansion potential provides the next owner with a valuable opportunity to add rental income or create additional living space without starting from scratch on plans or entitlements. Leverage this major advantage that adds significant value and positions the property for growth beyond the duplex structure. Currently, one unit is rented with guaranteed Section 8 income. (Buyer to verify occupancy at COE) Centrally located near shopping, dining, and commuter routes. This property delivers a combination of income, future expansion, and long-term equity building. Whether you are an investor seeking consistent returns or an FHA/VA buyer ready to step into ownership with income support, this duplex provides a rare opportunity to secure both cash flow today and expansion potential tomorrow

Essential Information

  • MLS® #OC25109004
  • Price$760,000
  • Bedrooms4
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,420
  • Acres0.12
  • Year Built1910
  • TypeResidential
  • Sub-TypeDuplex
  • StatusActive

Community Information

  • Address347 61st Street
  • Area699 - Not Defined
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90003

Amenities

  • Parking Spaces4
  • # of Garages2
  • ViewNone
  • PoolNone

Interior

  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Exterior

  • Lot DescriptionZeroToOneUnitAcre
  • RoofComposition, Shingle

School Information

  • DistrictLos Angeles Unified

Additional Information

  • Date ListedMay 15th, 2025
  • Days on Market137
  • ZoningLAR2

Listing Details

  • AgentRonald Allen
  • OfficeLabel Realty Group
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Price Change History for 347 61st Street, Los Angeles, (MLS® #OC25109004)

Date Details Change
Price Reduced from $799,000 to $760,000 $39,000 (4.88%)

Ronald Allen, Label Realty Group.

Based on information from California Regional Multiple Listing Service, Inc. as of September 30th, 2025 at 3:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.