3868 E 1st, Los Angeles, California 90063, Los Angeles, 90063 - 2 bed, 1 bath
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Los Angeles, California 90063
This Remodeled Starter Bungalow provides a turnkey entry into the Los Angeles market with a List Price of $499,000, positioned competitively relative to its $472,437 Fair Market Value. Featuring a Condition Rating of 3, the home showcases a modernized kitchen and bath, new laminate flooring, and a versatile bonus flex space ideal for a home office. Located minutes from Downtown LA and USC Keck School of Medicine, the property offers exceptional urban connectivity and lifestyle convenience. This residence is a strategic match for first-time buyers and commuters looking for a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3868 E 1st Subject | $499,000* List Price | 2 | 1 | 608 | $777 | - |
A 3751 E Lanfranco Street Active | $479,000 List Price | 2 | 1 | 827 | $579 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1921 bungalow that has recently undergone an extensive interior renovation, making it move-in ready. Updates include new laminate flooring, fresh paint, and a modernized bathroom with contemporary tiling and a new vanity. While the interior finishes are new, the property retains some older systems, such as a wall-mounted heater rather than central HVAC, and the exterior features basic chain-link fencing and minimal landscaping, which aligns it more closely with the 'good' rather than 'excellent' category.
The home features a fully remodeled kitchen and bathroom with new flooring and fresh paint, offering a turnkey, move-in-ready experience for first-time buyers.
Situated minutes from Downtown LA with easy access to the Metro Gold Line, USC Keck, and Cal State LA, providing excellent connectivity for commuters and students.
The inclusion of a flexible bonus area provides essential extra utility for a home office or guest space, maximizing the functionality of the floor plan.
The property was recently sold within the past year on 2026-02-05. The sold price is $360,000.00.
At approximately 608 square feet, the living space is quite compact for a two-bedroom residence, which may feel restrictive for some buyers.
The property is sold in 'as-is' condition with unverified permits for the bonus area, requiring the buyer to assume potential risks regarding compliance and future upgrades.
Just minutes from Downtown Los Angeles, this beautifully remodeled 2-bedroom, 1-bath residence blends privacy, comfort, and modern updates in a truly special setting. Offering approximately 608 sq ft of living space (buyer to verify), the home features an updated kitchen and bath, new flooring, fresh paint, upgraded fixtures, and thoughtful improvements throughout—creating a clean, move-in ready environment ideal for first-time buyers. In addition to the two bedrooms, the home includes a flexible bonus area that may serve as a home office, guest space, or additional sleeping area (buyer to verify use, square footage, and permit status). Enjoy exploring local favorites such as El Mercadito Market and the East Los Angeles Library, with convenient access to Cal State LA, USC Keck School of Medicine, Downtown LA’s museums and dining, the Metro Gold Line, and major freeways. A wonderful opportunity for buyers looking to own in a centrally located Los Angeles neighborhood. FHA, VA, and conventional financing welcome. Down payment assistance programs welcome. Buyer to independently verify all information including square footage, permits, and improvements. Property sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 608 | 1,075 | 11% |
| Lot Size | 2,234 | 4,889 | 11% |
| Price | $499.0K | $653.5K | 13% |
| Price per sq ft | $821 | $630 | 87% |
| Built year | 1921 | 1925 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 178 | 22% |
Apr 15, 2026
$499,000
$549,000
-9% Price Drop
Initial Listing
Apr 2, 2026
$549,000
$569,000
-4% Price Drop
Initial Listing
Mar 6, 2026
$569,000
Initial Listing
Feb 5, 2026
$360,000
Public Record