Millman Team Real Estate

$1,600,000
15,191 Acre Lot

1437 E 61st, Los Angeles, California 90001

  • Commercial Sale Property Type
  • 1956 Year Built
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!

Basic Details
Commercial Sale
For Sale
RS26073972
$1,600,000
1956
15,191 Acre
Active
Multi Family
Features
: None
: Water Not Available
$0
Address Map
CA
Los Angeles
Los Angeles
90001
61st
1437
W119° 45' 5.6''
N33° 59' 4.5''
Compton blvd and 61st street
C37 - Metropolitan South
E
R3
Additional Information
$0
$0
$0
$0
$0
15131
: 0-1 Unit/Acre
15191
2026-04-09
: None
Broker/Agent Information
Century 21 Cornerstone
John Heinz
Listing Information
RSHEINJOH
RCCS
Cash, Conventional
Active
2026-04-09T23:48:20Z
CRMLS
: Standard
2026-04-09T16:38:46Z
Agent info
Ray Millman
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