4619 E 1st Street, Los Angeles, California 90022, Los Angeles, 90022 - 3 bed, 1 bath
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Los Angeles, California 90022
This 3-bedroom High-Potential Investment Opportunity is listed at $850,000, positioned above the $779,759 Fair Market Value. While the property features a Modernized Kitchen and durable Tile Floors, it maintains a Condition Rating of 4, indicating a need for minor structural attention to the pergola. The lot offers significant ADU Development Potential, providing a clear path for forced appreciation. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage the Los Angeles Unified school district while adding long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4619 E 1st Street Subject | $850,000* List Price | 3 | 1 | 1,000 | $780 | - |
A 4820 Eagle Street Sold | $720,000 | 3 | 2 | 1,188 | $606 | 0.7 mi |
B 4612 E 2nd Sold | $665,000 | 2 | 1 | 857 | $776 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property features a new kitchen and tile flooring, the overall structure dates to 1960. The bathroom remains dated, and the description notes an owner-built pergola that may need structural reinforcement, fitting the criteria for a property that is functional but requires minor repairs and further updates.
The property features brand-new kitchen cabinets and countertops, providing an updated and move-in-ready aesthetic in the heart of the home.
The lot size and layout offer the potential for an Accessory Dwelling Unit (ADU) addition, providing a significant opportunity for future value appreciation or rental income.
With tile floors installed throughout the entire home, the property offers a durable and easy-to-clean surface that is ideal for high-traffic living.
The 3-bedroom configuration is serviced by only one bathroom, which may be a functional drawback for larger families or impact market competitiveness.
The owner-built pergola may require additional reinforcement or professional assessment to ensure safety and compliance with local building standards.
3 BED / 1 BATH SFH, NEW KITCHEN CABINETS & COUNTERS. TILE FLOORS THROUGH OUT. LAUNDRY HOOK-UPS AT REAR OF HOME UNDER COVERED PATIO. POSSIBLE ROOM FOR A.D.U. ADDITION CHECK WITH COUNTY FOR SETBACK REQUIREMENTS. CLEAN LANDSCAPING THROUGH OUT. PERGOLA OWNER BUILT MAY NEED REINFORCEMENT.
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 | 1,000 | 1,672 |
| Lot Size | 4,697 | 6,067 |
| Price | $850.0K | $1.37M |
| Price per sq ft | $850 | $801 |
| Built year | 1960 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 20, 2026
$850,000
Initial Listing