$1,755,000
SOLD DEC 10, 2021

1526 E 1st St Los Angeles, CA 90033

15 Beds
12 Baths
6,265 Sq Ft
6,597 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

6% Below List Price

106 Days on Market

About This Home

As of December 2021

This VALUE-ADD 6,256 SF 12-Unit Apartment Building adjacent to the Boyle Heights neighborhood of East Los Angeles. It is located on 6,597 SF LA-M1zoned corner lot. The property consists of a total of 12 units & a finished basement. The ground floor has 4 units consisting of (1) 3+1 unit, (1) 2+1units, (1) 1+1 unit & (1) Studio. The second floor consists of (8)studios. The basement is approximately 3,000 SF. All but 4 of the studios on the second floor are VACANT. The subject property has approximately 9 on-site parking spaces in addition to ample street parking. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking for a value-add opportunity in a growing area within walking distance to public transportation, parks, schools and shopping areas.

Last Agent to Sell the Property

David Yashar

Keller Williams Realty License #01102638 Listed on: 07/14/2021

Keller Williams Realty

Co-Listed By

David Yashar Broker

Keller Williams Realty License #01980838

Last Buyer's Agent

Colin Lee

Won Suk Kim Real Estate, Inc. License #02088568

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Parking

  • 8 Parking Spaces

Interior Spaces

  • 6,265 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 12 Bathrooms

Additional Features

  • 6,597 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5172-004-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6265
  • Lot Acreage: 0.1515
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Common Walls: Attached
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 299.28

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Total Parking: 8

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 8.24
  • Assessed Improvement Value: 76923
  • Assessed Land Percent: 91.76
  • Assessed Land Value: 857170
  • Total Assessed Value: 934093
  • Assessor Parcel Number: 5172-004-022
  • Lot Size Area: 6597

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.10
  • Number Of Units: 12
  • Total Annual Expense: 57713
  • Type Of Units: Residential
  • Vacancy Rate: 5580

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $3,300,000 +88.0% $527 / Sq Ft
12/10/2021 12/10/21 Sold $1,755,000 -6.4% $280 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,875,000 0.0% $299 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $1,875,000 +212.5% $299 / Sq Ft
01/16/2015 01/16/15 Sold $600,000 0.0% $96 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $600,000 -- $96 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-761506

The MLS