About this home

We are pleased to present 3700-3718 E. 61st Street, a 15+1 NC unit multifamily investment opportunity in Huntington Park, situated on an expansive 22,730SF corner lot at E. 61st Street and Loma Vista Avenue. The property offers a unique and diversified structural composition rarely found in a single offering, comprised of a front corner duplex and rear duplex at 3700 E. 61st Street, along with three separate 4-unit, two-story structures at 3710, 3714, and 3718 E. 61st Street, providing a new owner with a varied unit mix spread across five distinct structures. Significant value-add potential exists through the conversion of the property's existing exterior carport structures into ADUs, an opportunity supported by the large double-lot configuration and ample on-site parking (buyer to verify feasibility). Each of the three 4-unit buildings features its own dedicated onsite laundry room with a washer, dryer, and dedicated water heater, providing tenant convenience and an additional income stream with upside potential through owner-operated machines. The property offers approximately 16 total parking spaces, including 12 carport spaces serving the three 4-unit buildings and 3 additional carport spaces plus a single-car garage at the 3700 parcel, along with 12 private storage units located above the carports, a rare amenity in the submarket. Offered at $4,488,888 ($299,259/unit), the offering reflects a 7.44% current cap rate and 9.36 GRM on in-place income, with approximately 7% rental upside to market driving a 7.88% proforma cap rate and 8.74 GRM. All five structures are separately metered for gas and electricity, simplifying ownership and reducing owner-paid utility expense exposure. Located in Huntington Park, a dense, high-demand rental submarket in southeast Los Angeles County characterized by limited owner-occupant turnover and consistent multifamily tenant demand.

Facts and features

Schools

• Chester W. Nimitz Middle School

  middle · 6-8 · 0.1 mi

  4

• Huntington Park Elementary School

  elementary · K-5 · 0.2 mi

  4

• Maywood Academy High

  high · 9-12 · 0.6 mi

  3

• Betania Christian School

  elementary · 1-12 · 0.3 mi

• Bell Senior High School

  high · 9-12 · 0.9 mi

  6

• Elizabeth Learning Center

  elementary · K-12 · 1.7 mi

  4

Price history

• Sep 18, 2026 · Listed$4,488,888
• Jun 2, 2016 · Sold$2,500,000
• Apr 27, 1978 · Sold$225,000

Tax history

• 2025$46,468 tax · $3,018,675 assessed
• 2024$45,052 tax · $2,959,486 assessed
• 2023$44,254 tax · $2,844,568 assessed
• 2022$42,335 tax · $2,788,793 assessed
• 2021$41,754 tax · $2,734,112 assessed
• 2020$41,964 tax · $2,706,078 assessed
• 2019$40,433 tax · $2,653,019 assessed
• 2018$39,650 tax · $2,601,000 assessed

Home value

$4,154,548

• Quantarium$4,154,548

Where it is