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347 E 61st St, Los Angeles, CA 90003

List Price: $760,000On Market FlagOn market
May 16, 20251,420 sqft4 beds3 baths
Listed by: Ronald Allen
License #: 01720299
Phone #: 323-210-7282
Label Realty Group
Source:
CRMLS Logo
MLS #: OC25109004

Property Description

Welcome to this beautifully maintained 4-bedroom, 3-bathroom duplex located in the heart of Los Angeles. Offering the perfect blend of space, style, and versatility, this property is ideal for homeowners, investors, or those seeking a multi-generational living setup. Each unit is thoughtfully designed with generous natural light, open-concept living areas, and updated finishes throughout. The kitchens are functional and well-suited for both everyday living and entertaining guests. Spacious bedrooms provide comfortable retreats, while updated bathrooms offer a clean and refreshed look. Both units are equipped with an indoor washer and dryer, as well as central air conditioning to keep you comfortable year-round. The duplex sits on a spacious lot with plans for a 2-bed, 1-bath detached ADU already submitted to the city—a major head start for developers or investors looking to maximize returns and collect income while you build. Plus, the home is equipped with solar panels, delivering energy-efficiency and reduced utility costs. Enjoy the convenience of off-street parking and a private outdoor area ideal for relaxing or entertaining. Located just minutes from vibrant dining, shopping, and entertainment options, as well as easy access to major freeways, this duplex offers the best of LA living. While this home is move-in ready, it also presents a wonderful canvas for minor cosmetic repairs to tailor to your personal style. Seize this opportunity to own a piece of Los Angeles with built-in potential for growth and customization.
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

$11,073

TurboHome Estimated Value

$749,100

$528 sqft

High Valuation
$786,555
$554/sqft
Normal Valuation
$749,100
$528/sqft
Low Valuation
$711,645
$501/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$528/sqft$749,100

Neighborhood: Southeast Los Angeles

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Comparative Value

$585K

$600K

$620K

$710K

$760K

$800K

6017 Wall St, Los Angeles, CA 90003

Sale Price: $585,000

Selected Comparable

138 E 60th St, Los Angeles, CA 90003

Sale Price: $600,000

Selected Comparable

315 E 59th Pl, Los Angeles, CA 90003

Sale Price: $620,000

Selected Comparable

5109 McKinley Ave, Los Angeles, CA 90011

Sale Price: $710,000

Selected Comparable

347 E 61st St, Los Angeles, CA 90003

List Price: $760,000

Subject Property

217 W 70th St, Los Angeles, CA 90003

Sale Price: $800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
347 E 61st St, Los Angeles, CA 90003

347 E 61st St, Los Angeles, CA 90003

List: $760,000

Listed: 5/16/2025

Area:1,420 sqft
Price/sqft:$535
Beds:4
Baths:3
Year Built:
Lot Size:5,417

Comparable Properties

COMPARABLE
Choose comps
217 W 70th St, Los Angeles, CA 90003

217 W 70th St, Los Angeles, CA 90003

Sale: $800,000

2/28/20250.74 mi

Area:1,348 sqft
Price/sqft:$593
Beds:4
Baths:3
Year Built:
Weight:22.9%
5109 McKinley Ave, Los Angeles, CA 90011

5109 McKinley Ave, Los Angeles, CA 90011

Sale: $710,000

5/28/20250.90 mi

Area:1,719 sqft
Price/sqft:$413
Beds:4
Baths:3
Year Built:
Weight:21.1%
315 E 59th Pl, Los Angeles, CA 90003

315 E 59th Pl, Los Angeles, CA 90003

Sale: $620,000

9/9/20240.14 mi

Area:1,324 sqft
Price/sqft:$468
Beds:4
Baths:2
Year Built:
Weight:20.1%
138 E 60th St, Los Angeles, CA 90003

138 E 60th St, Los Angeles, CA 90003

Sale: $600,000

7/31/20250.27 mi

Area:1,375 sqft
Price/sqft:$436
Beds:5
Baths:2
Year Built:
Weight:19.3%
6017 Wall St, Los Angeles, CA 90003

6017 Wall St, Los Angeles, CA 90003

Sale: $585,000

10/31/20240.23 mi

Area:1,808 sqft
Price/sqft:$324
Beds:4
Baths:4
Year Built:
Weight:16.7%

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