1526 E 1st Street, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
Analysis of 1526 E 1st Street, Los Angeles, California 90033 is currently available with a list price of $3,300,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The residential units, as depicted in the images, have undergone significant and recent renovations. The kitchens feature modern white shaker cabinets, new countertops, stainless steel appliances (range, microwave), and contemporary fixtures. Bathrooms are updated with new vanities, toilets, and clean shower stalls with modern black fixtures. Flooring throughout is new laminate/LVP, and mini-split AC units provide modern climate control. Stackable washer/dryer units are also a modern amenity. These elements are in excellent, move-in ready condition. However, the property was built in 1912, and while the residential interiors are updated, the overall building's age and the mixed-use nature (commercial units not fully detailed/pictured) suggest that not all major systems or areas of the entire property have undergone a full, recent, extensive renovation to the 'excellent' standard. The description also hints at potential further renovation needs for the property as a whole, placing the overall condition in the 'Good' category rather than 'Excellent' for a property of this age and type.
Mixed-use property featuring four commercial units and eight residential units (2x 1-bed, 6x studio), offering multiple revenue sources and enhanced investment flexibility.
Situated on a high-visibility and desirable 1st Street in Los Angeles, ensuring strong commercial exposure and robust residential rental demand.
Marketed for strong cash flow generation and future appreciation, making it an attractive asset for both seasoned and new multifamily investors.
Built in 1912, the property is over a century old, which likely necessitates significant capital investment for system upgrades, modernization, and ongoing maintenance.
The current list price of $3.3M represents a substantial increase from its $1.755M sale in late 2021, potentially indicating an ambitious valuation that requires thorough due diligence.
To maximize rental income and attract premium tenants across all units, considerable renovation and modernization efforts may be necessary, incurring significant costs.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1912 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jul 2, 2025
$3,300,000
Initial Listing
Dec 10, 2021
$1,755,000
Public Record