Address
1526 E 1St Street Los Angeles, CA
Price
$ 1,899,000
Property Attributes
  • MLS#21705434
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 1,899,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size6,597 SqFt
Listing Provided Courtesy Of:
John Wright with Matthews Real Estate Investment Services.
Data Source:
CRMLS
Property Description

High Vacancy Property!! 12 residential unit potential!! 4 out of 8 units on the 2nd floor are vacant. Entire first floor is vacant and can be potentially redeveloped in 4 additional residential units or 2 retail spaces. 1526 E 1st St is in the heart of Boyle Heights, just steps to Mariachi Plaza and Mariachi Plaza/Boyle Heights Station Metro Gold Line. The location of 1526 E 1st St offers tenants a short drive down 1st Street to the Arts District in Downtown Los Angeles and a short walk to the vibrant 1st Street retail, which will be the hub for re-development as this community continues to grow. This opportunity is perfect for any investor looking for 105% upside in the property as the entire first floor has the potential for redevelopment into 4 additional residential units or 1 or 2 retail spaces.

Price History
3/15/2021 Listed $1,899,000

General Features

Cooling None
Heating None
Listing Agent John Wright - BRE#01985584
Listing Agent State License 01985584
MLS Area BOYH - Boyle Heights
Parking Features None
Property Type Residential Income
Special Listing Conditions Standard
Total Units 8
Zoning LAM1

Exterior Features

Lot Size Acres 0.15
Lot Size Area 6597
Lot Size Square Feet 6597
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90033

Price
AVG $1.38M
$1.9M
Visits
AVG 38
27
Year Built
AVG 1932
1912
Walkscore
AVG 84
86
Data Provided by Walkscore ® not using MLS data

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