1437 E 61st, Los Angeles, CA 90001

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Beds

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Baths

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Sq ft

About this home

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!

Type

Residential

Year built

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Lot

15,191 sq ft

Garage

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HOA

None

Pool

View

Neighborhood

Solar

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Estimated payment

$10,090/mo

Principal & interest$8,090
Property tax (est.)$1,533
Home insurance (est.)$467

Down payment: 20% ($320,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of John Heinz, Century 21 Cornerstone, JohnHeinzJr@msn.com. MLS# RS26073974. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.