Address
1526 East 1St Street Los Angeles, CA
Price
$ 1,899,000
Property Attributes
  • MLS#0021705434
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 1,899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6265
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Matthews Real Estate Investment Services
Data Source:
California Desert Association of REALTORS
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

MLS Area BOYH - Boyle Heights
Pool Features None
Senior Community Y/N No
Sewer None
Zoning LAM1

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Total Stories 2

Exterior Features

Building Area Total 6265.0
Foundation Details None
Land Lease Type Fee
Lot Size Acres 0.15
Lot Size Area 6597.0
Lot Size Square Feet 6597.0
Lot Size Units Square Feet
Numberofunitsbuildings 1

Amenities

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

Property vs Income Average in 90033

Price
AVG $1.26M
$1.9M
Year Built
AVG 1931
1912
Walkscore
AVG 84
86
Data Provided by Walkscore ® not using MLS data

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