3616 W 61st St, Los Angeles, CA 90043 - View 1
3616 W 61st St, Los Angeles, CA 90043 - View 2
3616 W 61st St, Los Angeles, CA 90043 - View 3

3616 W 61st St, Los Angeles, CA 90043

Sale Price: $975,000
Jul 8, 20242,360 sqft5 beds4 baths
Listed by: Teresa Peters
License #: 01061510
Phone #: 310-665-1145
Teresa Peters Executive Rlts
Source:
CRMLS Logo
MLS #: 24411979

Property Description

This exceptional investment opportunity presents a unique combination of privacy, space, and potential for excellent rental income. The property comprises two separate buildings, showcasing a trio of spacious residential units that area exude a sense of pride in ownership. The primary residence is a charming Spanish-style home that boasts a generous floor plan, complete with three bedrooms, two bathrooms, a bright and airy living room, formal dining room, breakfast nook, and indoor laundry facilities. The property's curb appeal is further enhanced by a covered front porch, patio area, and a gated yard with a small, serene pond. The auxiliary building, located at the rear of the property, offers two additional units: a spacious one-bedroom, one-bathroom residence on the upper level, complete with a large living room and full kitchen and bath, and a studio unit on the lower level, featuring a combined living room/bedroom, full kitchen, and bathroom. The property also features ample parking, including a two-car garage and a separate onsite gated parking lot accommodating four additional vehicles, as well as a private yard and patio area separating the two buildings, ideal for outdoor relaxation and entertainment. Seller motivated submit all offers. (NOTE: all interior photos are of single and Studio only)
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$13,920

TurboHome Estimated Value

$989,000

$419 sqft

High Valuation
$1,038,450
$440/sqft
Normal Valuation
$989,000
$419/sqft
Low Valuation
$939,550
$398/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$419/sqft$989,000

Neighborhood: Hyde Park

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Comparative Value

$975K

$990K

$1.00M

$1.05M

$1.13M

3616 W 61st St, Los Angeles, CA 90043

Sale Price: $975,000

Selected Comparable

6311 Overhill Dr, Los Angeles, CA 90043

Sale Price: $975,000

Selected Comparable

5157 6th Ave, Los Angeles, CA 90043

Sale Price: $990,000

Selected Comparable

2926 W 73rd St, Los Angeles, CA 90043

Sale Price: $1,000,000

Selected Comparable

3616 W 61st St, Los Angeles, CA 90043

List Price: $1,050,000

Subject Property

4831 5th Ave, Los Angeles, CA 90043

Sale Price: $1,125,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3616 W 61st St, Los Angeles, CA 90043

3616 W 61st St, Los Angeles, CA 90043

List: $1,050,000

Listed: 7/8/2024

Area:2,360 sqft
Price/sqft:$445
Beds:5
Baths:4
Year Built:
Lot Size:6,468

Comparable Properties

COMPARABLE
Choose comps
3616 W 61st St, Los Angeles, CA 90043

3616 W 61st St, Los Angeles, CA 90043

Sale: $975,000

12/17/20240.00 mi

Area:2,360 sqft
Price/sqft:$413
Beds:5
Baths:4
Year Built:
Weight:23.5%
4831 5th Ave, Los Angeles, CA 90043

4831 5th Ave, Los Angeles, CA 90043

Sale: $1,125,000

3/4/20251.27 mi

Area:2,310 sqft
Price/sqft:$487
Beds:5
Baths:4
Year Built:
Weight:21.1%
6311 Overhill Dr, Los Angeles, CA 90043

6311 Overhill Dr, Los Angeles, CA 90043

Sale: $975,000

7/30/20251.15 mi

Area:2,250 sqft
Price/sqft:$433
Beds:4
Baths:4
Year Built:
Weight:18.9%
5157 6th Ave, Los Angeles, CA 90043

5157 6th Ave, Los Angeles, CA 90043

Sale: $990,000

4/4/20251.02 mi

Area:2,214 sqft
Price/sqft:$447
Beds:5
Baths:3
Year Built:
Weight:18.6%
2926 W 73rd St, Los Angeles, CA 90043

2926 W 73rd St, Los Angeles, CA 90043

Sale: $1,000,000

2/28/20250.96 mi

Area:2,135 sqft
Price/sqft:$468
Beds:5
Baths:3
Year Built:
Weight:17.9%

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