3583 E 1st St, East Los Angeles, California 90063, East Los Angeles, 90063 - 0 bed, 0 bath
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East Los Angeles, California 90063
Analysis of 3583 E 1st St, East Los Angeles, California 90063 is currently available with a list price of $790,000. 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 East 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.
Despite the 1907 build date, the interior has undergone significant renovations likely within the last 10-15 years. The office spaces feature modern carpet tiles and drop ceilings, while the residential portion shows updated windows and a functional, clean bathroom. Visible ceiling vents suggest an updated HVAC system, making the property move-in ready.
The property offers a unique live/work opportunity with a combination of street-front retail and residential space, ideal for owner-users or investors seeking diversified income streams.
Situated just one building away from a new 66-unit residential development, the property benefits from increased foot traffic, neighborhood revitalization, and proximity to major DTLA transit corridors.
With the ability to restore the building to its original five-unit configuration (three residential and two retail), there is substantial upside for rental income and long-term capital appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3306, other record living area = 2112.
Built in 1907, the property likely requires extensive modernization and structural updates to meet current building codes and modern tenant expectations.
Realizing the full income potential requires city verification and potentially complex permitting to restore the original multi-unit layout, adding significant time and capital requirements.
Don't miss this exceptional opportunity to own a versatile mixed-use property in the heart of East Los Angeles, offering tremendous upside potential for investors, developers, and owner users . Run your business and enjoy the comfort of living onsite. perfect for entrepreneurs seeking a live, work lifestyle. Originally built in 1907, this unique property offers approximately 3,306 square feet of combined building area and presents the opportunity to restore its original configuration of three residential units and two street-front retail spaces (buyer to verify with the City of Los Angeles). This flexible layout creates significant income-producing potential in a rapidly improving neighborhood. Property currently feature one extra large store front and 1 Bedroom 1 bath apartment on the second floor The property is located just one building away from a newly developed 66-unit residential project, bringing additional residents, increased foot traffic, and new business opportunities to the area. As the neighborhood continues to grow, the potential for increased property values and stronger rental income makes this an outstanding long-term investment. High visibility location with strong vehicle traffic. Just minutes from Downtown Los Angeles, close access to 5,10,60 and 101 fwy.
No exterior & parking available.
No sensitive facilities data found.
Jun 15, 2026
$790,000
Initial Listing
Apr 26, 2002
$187,500
Public Record