4126 E 1st St Los Angeles, CA 90063
Estimated payment $4,284/month
Highlights
- View of Trees or Woods
- Open Floorplan
- Quartz Countertops
- Updated Kitchen
- Deck
- 5-minute walk to Eugene A. Obregón Park
About This Home
An absolutely rare opportunity to own a truly turnkey, top-to-bottom remodeled 3-bedroom, 1-bath home with exceptional future development potential in one of East Los Angeles' most convenient and centrally located neighborhoods. Situated within a Special Planning (SP) zoning area, the property may offer the potential to develop up to four additional residential units—two homes and two ADUs—creating the possibility of five total residential units on the property (buyer to independently verify zoning, development potential, and all building requirements with the appropriate governmental agencies). The beautifully renovated front residence has been thoughtfully rebuilt with quality craftsmanship and modern design throughout. This comprehensive renovation showcases contemporary finishes, recessed lighting, brand-new flooring, a stunning kitchen with brand-new appliances, and fully upgraded mechanical, electrical, and plumbing systems—delivering the style, comfort, and peace of mind today's buyers are looking for. The location is equally impressive. Situated directly across from Eugene A. Obregón Park, you'll enjoy immediate access to green space, recreation, playgrounds, sports facilities, and outdoor activities. Just minutes away are Downtown Los Angeles, the USC Health Sciences Campus, the Keck School of Medicine of USC, Los Angeles General Medical Center (formerly LAC+USC Medical Center), Cal State LA, East Los Angeles College, Monterey Park, Montebello, and the City of Commerce. South Pasadena, Pasadena, and Glendale are also just a short drive away. Convenient access to the I-5, I-10, I-710, and SR-60 freeways provides seamless connectivity throughout Los Angeles, the San Gabriel Valley, Santa Monica, Long Beach, and Orange County. Whether you're searching for a move-in-ready primary residence, a multi-generational family property, or an exceptional investment opportunity, this home offers a rare combination of modern living, a premier location, and outstanding long-term development potential. Live in the beautifully remodeled front home today while exploring the opportunity to build additional residences tomorrow—creating long-term value, multiple income streams, and a legacy investment for generations to come.
Listing Agent
Groves Capital, Inc. Brokerage Email: tigran@grovescapital.com License #01959437
Home Details
Home Type
- Single Family
Year Built
- Built in 1927
Lot Details
- 5,478 Sq Ft Lot
- Chain Link Fence
- Rectangular Lot
- Lot Sloped Down
- Private Yard
- Back Yard
- Density is 16-20 Units/Acre
- Value in Land
Property Views
- Woods
- Park or Greenbelt
- Neighborhood
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- Combination Foundation
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Shingle Roof
- Radiant Barrier
- Stucco
Interior Spaces
- 1,025 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
- Low Emissivity Windows
- Panel Doors
- Family Room Off Kitchen
- Living Room
- Dining Room
- Vinyl Flooring
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Convection Oven
- Gas Oven
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
- Stone Bathroom Countertops
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
- Washer and Gas Dryer Hookup
Parking
- Public Parking
- No Driveway
- On-Street Parking
Outdoor Features
- Deck
- Wood Patio
- Exterior Lighting
- Outdoor Storage
- Front Porch
Utilities
- Ducts Professionally Air-Sealed
- High Efficiency Air Conditioning
- SEER Rated 16+ Air Conditioning Units
- Forced Air Heating and Cooling System
- High Efficiency Heating System
- Air Source Heat Pump
- Vented Exhaust Fan
- 220 Volts
- 220 Volts in Kitchen
- Natural Gas Connected
- Tankless Water Heater
- Phone Available
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 6 / 11
- Tax Tract Number 5329
- Assessor Parcel Number 5233030006
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Matterport 3D Tour
Floorplan
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,502 | $249,696 | $197,676 | $52,020 |
| 2024 | $7,449 | $567,120 | $465,120 | $102,000 |
| 2023 | $1,027 | $26,324 | $12,693 | $13,631 |
| 2022 | $1,000 | $25,809 | $12,445 | $13,364 |
| 2021 | $985 | $25,303 | $12,201 | $13,102 |
| 2020 | $985 | $25,044 | $12,076 | $12,968 |
| 2019 | $967 | $24,554 | $11,840 | $12,714 |
| 2018 | $911 | $24,073 | $11,608 | $12,465 |
| 2016 | $872 | $23,140 | $11,158 | $11,982 |
| 2015 | $862 | $22,794 | $10,991 | $11,803 |
| 2014 | $867 | $22,348 | $10,776 | $11,572 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2023 06/02/23 | Sold | $240,000 | +20.0% | $333 / Sq Ft | View Prior Sale |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- | |
| 05/01/2023 05/01/23 | For Sale | $200,000 | -- | $278 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $240,000 | California Best Title | |
| Gift Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $441,000 | New Conventional | |
| Closed | $305,201 | Construction |
About the Listing Agent
Licensed Realtor & Mortgage Loan Originator | Serving California Homebuyers Since 2014
For over 10 years, I’ve been helping individuals and families achieve their dream of homeownership by offering a complete, start-to-finish real estate and lending experience. As both a licensed Realtor and Mortgage Loan Originator, I provide a seamless process for my clients—from finding the perfect home to securing the right financing—all under one roof.
I specialize in first-time homebuyers,
Tigran's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26151884
APN: 5233-030-006
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Ask me questions while you tour the home.