2311 1st Street, Los Angeles, California 90033, Los Angeles, 90033 - 8 bed, 8 bath
2311 1st Street
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 2311 1st Street, Los Angeles, California 90033 is currently available with a list price of $2,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1908, this mixed-use property shows its age. While one residential unit features a recently updated, basic kitchenette with modern blue cabinets and a contemporary bathroom with a tiled shower, other areas, including commercial units and another bathroom, are clearly older and more basic. The laundry facility is functional but dated. The property appears maintained but has not undergone a comprehensive recent renovation, suggesting major systems are likely outdated and will require future attention, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Mixed-Use Investment
Excellent mixed-use investment opportunity featuring both residential and commercial units, providing diversified income streams.
- Multiple Revenue Streams
The property offers multiple revenue streams, including residential, commercial, and an on-site laundry facility, enhancing its financial appeal.
- On-Site Laundry Facility
An on-site laundry facility is included, providing an additional and consistent source of income.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1908, the property's age may necessitate significant capital expenditures for maintenance, repairs, and system upgrades to meet modern standards.
- Lack of Renovation Details
The description does not specify any recent renovations or updates, which could imply deferred maintenance or required modernization for an older mixed-use asset.
- Unspecified Residential Unit Details
While residential units are mentioned, the lack of specific details regarding their number, condition, or current occupancy makes a comprehensive income assessment challenging.
About 2311 1st Street
Excellent mixed-use investment opportunity featuring both residential and commercial units, plus an on-site laundry facility for added income. 2 commercial units with bathrooms along with on site storage units. This property offers multiple revenue streams with strong rental demand and flexible commercial space ideal for retail, office, or service use. A great option for investors seeking diversified cash flow and long-term upside in one well-positioned asset.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1908
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | 1908 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jan 2, 2026
$2,000,000
Initial Listing