3812 E 1st Street, Los Angeles, CA 90063

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
3812 E 1st Street,Los Angeles, CA 90063
$1,249,000
  • - Beds
  • - Baths
  • 6,930 sq. ft.
  • Multi-family
  • Active
Listed by: bret lewis
Office: bret lewis, broker562-726-2515
MLS#:PW25125494
Source:CRMLS

Price summary

  • Price:$1,249,000
  • Price per sq. ft.:$180.23

About this home

Ready-to-build 6-unit cash cow development located in the highly desirable Wellington Heights neighborhood of Boyle Heights. This ground-up construction project is Fully Entitled RTI Shovel Ready and ideal for investors or developers seeking strong rental income in one of Los Angeles' fastest-growing neighborhoods for USC Spanish Style Villas. The project includes three 3-bedroom, 2-bathroom units and three 2-bedroom, 2-bathroom units, all thoughtfully designed and unfurnished. Each unit comes with one dedicated parking space, totaling six parking spots for the entire property. The projected monthly rent is $3,995 for the 3-bedroom units and $3,195 for the 2-bedroom units, generating a total monthly pro forma income of $21,570 and an annual pro forma of $258,840 — offering a compelling yield in a supply-constrained market. Positioned near Monterey Park and Downtown Los Angeles, the site offers unmatched accessibility to major employment centers, transit lines, and amenities....

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Home facts

  • Year built:2025
  • Listing ID #:PW25125494
  • Added:356 day(s) ago
  • Updated:May 23, 2026 at 01:22 PM

Rooms and interior

  • Living area:6,930 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:6,930 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Level with Street, Yard
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,249,000
  • Price per sq. ft.:$180.23
Based on information from California Regional Multiple Listing Service, Inc. as of May 28, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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