1526 E 1st St Los Angeles, CA 90033
Estimated payment $21,525/month
Total Views
470
2
Beds
10
Baths
6,265
Sq Ft
$527
Price per Sq Ft
Highlights
- Neighborhood Views
- 3-minute walk to Pico-Aliso
- Laundry Room
- Felicitas and Gonzalo Mendez High Rated A-
- Ductless Heating Or Cooling System
- 1-minute walk to Pecan Park
About This Home
Welcome to a rare investment opportunity in a high-visibility location on desirable 1st Street—this expansive, mixed-use property is the ultimate canvas for your next business venture or portfolio addition. Boasting four street-level commercial units, the flexible layout is ideal for a variety of uses—from a stylish barber shop or wellness spa to professional office spaces. Above the commercial suites, the property features (2) spacious one-bedroom, one-bath apartments and (6) well-appointed studio units—perfect for generating consistent rental income, housing a live-in caretaker, or even occupying one as an owner-user. The possibilities are endless! The gated rear parking lot with a large rolling gate offers convenience, privacy, and added security—an invaluable amenity for tenants and business patrons alike. Whether you're a seasoned investor looking to capitalize on strong cash flow and future appreciation, or a new buyer stepping into the multifamily market, this one-of-a-kind property checks all the boxes. Opportunities like this are few and far between—don’t miss your chance to own a high-yield asset in a prime location!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912 | Remodeled
Lot Details
- 6,599 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Flat Roof Shape
Interior Spaces
- 6,265 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 10 Bathrooms
Parking
- Parking Available
- Parking Lot
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot B
- Tax Tract Number 2380
- Assessor Parcel Number 5172004022
Community Details
Overview
- 12 Units
Building Details
- 8 Leased Units
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,000
- Insurance Expense $14,719
- Professional Management Expense $10,000
- Trash Expense $5,379
- Water Sewer Expense $8,000
- Operating Expense $44,098
- Gross Income $206,030
- Net Operating Income $206,030
Map
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Home Values in the Area
Average Home Value in this Area
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: California Regional Multiple Listing Service (CRMLS)
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25144455
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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