4126 E 1st, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath
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Los Angeles, California 90063
This Turnkey Residential Property represents a High-Potential Investment Opportunity, listed at a List Price of $739,000—positioned well below the $739,912 Fair Market Value by 0.12%. Featuring a top-to-bottom remodel and Special Planning (SP) zoning, the property offers significant long-term upside with the potential for up to five total units. Its Mint Condition Rating and prime location across from Eugene A. Obregón Park make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate move-in readiness with future development scalability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4126 E 1st Subject | $739,000* List Price | 3 | 1 | 1,025 | $722 | - |
A 4241 Eugene Sold | $727,000 | 3 | 1 | 1,104 | $659 | 0.2 mi |
B 1105 N Hazard Sold | $740,000 | 3 | 2 | 1,086 | $681 | 1.0 mi |
C 3970 Strang Street Sold | $590,730 | 2 | 1 | 864 | $684 | 0.4 mi |
D 4253 Eugene Sold | $660,000 | 3 | 2 | 816 | $809 | 0.2 mi |
E 132 N Rowan Avenue Sold | $709,000 | 3 | 2 | 1,142 | $621 | 0.6 mi |
F 3961 Rockwood Sold | $727,000 | 3 | 2 | 1,000 | $727 | 0.8 mi |
G 1004 Geraghty Avenue Sold | $690,000 | 3 | 2 | 935 | $738 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive top-to-bottom remodel with a brand-new kitchen, stainless steel appliances, and modern flooring. According to the description, all mechanical, electrical, and plumbing systems have been fully upgraded, placing it in mint, turnkey condition consistent with a renovation less than 5 years old.
The property features a comprehensive top-to-bottom remodel including brand-new appliances, modern finishes, and fully upgraded mechanical, electrical, and plumbing systems, offering immediate move-in readiness.
Situated in a Special Planning (SP) zoning area, the property offers a rare opportunity to potentially develop up to four additional units, providing significant long-term investment value and income potential.
Located directly across from Eugene A. Obregón Park, the home provides immediate access to extensive green space and recreation while remaining minutes away from DTLA and major medical and educational hubs.
With three bedrooms but only one bathroom, the home's layout may be a significant constraint for larger families or multi-generational living arrangements.
At 1,025 square feet for a three-bedroom residence, the interior footprint is relatively small, which may result in tighter bedroom dimensions and limited common area space.
ABSOLUTELY RARE opportunity to own a truly turnkey, top-to-bottom remodeled 3-bedroom, 1-bath home with exceptional future development potential in one of East Los Angeles' most convenient and centrally located neighborhoods. Situated within a Special Planning (SP) zoning area, the property may offer the potential to develop up to four additional residential units—two homes and two ADUs—creating the possibility of five total residential units on the property (buyer to independently verify zoning, development potential, and all building requirements with the appropriate governmental agencies). The beautifully renovated front residence has been thoughtfully rebuilt with quality craftsmanship and modern design throughout. This comprehensive renovation showcases contemporary finishes, recessed lighting, brand-new flooring, a stunning kitchen with brand-new appliances, and fully upgraded mechanical, electrical, and plumbing systems—delivering the style, comfort, and peace of mind today's buyers are looking for. The location is equally impressive. Situated directly across from Eugene A. Obregón Park, you'll enjoy immediate access to green space, recreation, playgrounds, sports facilities, and outdoor activities. Just minutes away are Downtown Los Angeles, the USC Health Sciences Campus, the Keck School of Medicine of USC, Los Angeles General Medical Center (formerly LAC+USC Medical Center), Cal State LA, East Los Angeles College, Monterey Park, Montebello, and the City of Commerce. South Pasadena, Pasadena, and Glendale are also just a short drive away. Convenient access to the I-5, I-10, I-710, and SR-60 freeways provides seamless connectivity throughout Los Angeles, the San Gabriel Valley, Santa Monica, Long Beach, and Orange County. Whether you're searching for a move-in-ready primary residence, a multi-generational family property, or an exceptional investment opportunity, this home offers a rare combination of modern living, a premier location, and outstanding long-term development potential. Live in the beautifully remodeled front home today while exploring the opportunity to build additional residences tomorrow—creating long-term value, multiple income streams, and a legacy investment for generations to come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,025 | 1,672 |
| Lot Size | 5,478 | 6,067 |
| Price | $739.0K | $1.37M |
| Price per sq ft | $721 | $801 |
| Built year | 1927 | 1939 |
| HOA | $0 | $348 |
| Days on market | 4 | 56 |
Jul 18, 2026
$739,000
Initial Listing
Jun 2, 2023
$240,000
Public Record