Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions Logo
$1,600,000
 $8,589 est/mo Sourced by Back At You

1437 E 61st,Los Angeles, CA 90001

Los Angeles, CA 90001

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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!

Details

MLS #RS26073974
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site143
Listing Provided ByCentury 21 Cornerstone | John Heinz

Features

ZoningR3
Acreage0.35
Property ViewYes

Exterior

Lot FeaturesZero To One Unit Acre
FencingSecurity

Utilities

UtilitiesNone

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90001
AreaC37 Metropolitan South
Listing VS Median (in 90001)
Price:
$1,600,000
low | high
Med:
$895,500
94.03125% of Average
On site:
143
low | high
Med:
36
100% of Average
Sourced by Back At You

Market Activity 90001

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Additional Information

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Contact

Learn More About This Property

Gustavo Macias

Gustavo Macias

Coldwell Banker Commercial

01758792 (626) 523-1730gustavo.macias@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90001
AreaC37 Metropolitan South
Listing VS Median (in 90001)
Price:
$1,600,000
low | high
Med:
$895,500
94.03125% of Average
On site:
143
low | high
Med:
36
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.2M - $2M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1437 E 61st Property Photo 1
$1,600,000
1437 E 61st
Los Angeles, CA 90001
6101 Compton Avenue Property Photo 1
$1,450,000
6101 Compton Avenue
Los Angeles, CA 90001
6203 Compton Avenue Property Photo 1
$300,000
6203 Compton Avenue
Los Angeles, CA 90001
Listing Updated: August 21, 2026 at 11:05:40 PM PDT

Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions