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$1,600,000
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Property 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!
Full Property Details
Full Property Details for 1437 E 61st
General
- Price: $1,600,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: RS26073974
- Updated: 4/9/2026
- Days on Market: 9 days
- Added to Site: 10 day(s) ago
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: Compton and 61st
- Dist. to Beach: 1 (Miles)
Utilities
- Water: Public
- Dist. to Water: 1
- Utility Description: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.3487
- Lot Size (Sq. Ft.): 15,191
- Lot Size Source: Assessor
- Lot Dimensions: 15131
- Present Use: Parking lot
- Potential Use: Parking lot, Multi-Family, Investment, Commercial
- Zoning: R3
- Lot Description: Sidewalks
- Fencing (Description): Security
Financial Considerations
- Price Per Sq. Ft.: $105.33
Listed by Century 21 Cornerstone, John Heinz
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Schools
Schools serving 1437 E 61st
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Dr. Lawrence H. Moore Math, Science, Technology Academy 1321 East 61st Street, Los Angeles, CA 90001 | K-5 | 0.1 mi |
Thomas A. Edison Middle School 6500 Hooper Avenue, Los Angeles, CA 90001 | 6-8 | 0.3 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.4 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.4 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.4 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 0.4 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.6 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1437 E 61st
Date
Details
Price
Change
Source
4/09/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1437 E 61st
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,134
1%
$117,630
2%
2024
$2,114
1%
$115,325
2%
2023
$2,088
4%
$113,064
2%
2022
$2,014
1%
$110,848
2%
2021
$2,000
—
$108,675
1%
2020
$2,009
3%
$107,562
2%
2019
$1,955
16%
$105,454
2%
2018
$1,681
2%
$103,387
2%
2017
$1,651
2%
$101,361
2%
2016
$1,626
1%
$99,375
2%
2015
$1,606
-1%
$97,883
2%
2014
$1,626
—
$95,967
—
2013
$1,623
—
$95,535
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1437 E 61st
1437 E 61st, Los Angeles, CA 90001 (MLS# RS26073974) is a Lots/Land property with a lot size of 0.3487 acres. 1437 E 61st is currently listed for $1,600,000 and was received on April 09, 2026. Want to learn more about 1437 E 61st? Do you have questions about finding other Lots/Land real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

