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For sale
  • Listed by: Groves Capital, Inc. • Tigran Ghazaryan • Contact: tigran@grovescapital.com
    $739,000

    4126 E 1st St, Los Angeles, CA 90063

    3beds
    1,025sqft
    : 
    $5,064/mo
    Get pre-qualified
    Single Family Residence
    Built in 1927
    5,478 Square Feet Lot
    $-- Zestimate®
    $721/sqft
    $-- HOA

    What's special

    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.
    10 days
    |
    470
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tigran Ghazaryan DRE #01959437 tigran@grovescapital.com,

    Groves Capital, Inc.

    Source: CRMLS,MLS#: SR26151884MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Living Room, Primary Bedroom, Dining Room
      Bedroom
      • Features: All Bedrooms Down
      Bathroom
      • Features: Bathroom Exhaust Fan, Stone Counters, Remodeled, Separate Shower, Upgraded, Walk-In Shower
      Kitchen
      • Features: Kitchen/Family Room Combo, Quartz Counters, Remodeled, Updated Kitchen
      Heating
      • Central, ENERGY STAR Qualified Equipment, Forced Air, High Efficiency, Heat Pump
      Cooling
      • Central Air, Electric, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
      Appliances
      • Included: Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Water Heater, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
      Features
      • Separate/Formal Dining Room, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down
      • Flooring: Vinyl
      • Doors: Panel Doors
      • Windows: Double Pane Windows, Low-Emissivity Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,025 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: No Driveway, Public, On Street
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Entry location: West
      • Patio & porch: Deck, Front Porch, Patio, Porch, Wood
      • Exterior features: Lighting
      • Pool features: None
      • Spa features: None
      • Fencing: Chain Link
      • Has view: Yes
      • View description: Park/Greenbelt, Neighborhood, Trees/Woods
      Lot
      • Size: 5,478 Square Feet
      • Features: 16-20 Units/Acre, Back Yard, Sloped Down, Rectangular Lot, Value In Land, Yard
      Details
      • Additional structures: Storage
      • Parcel number: 5233030006
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Drywall, Ducts Professionally Air-Sealed, Frame, Radiant Barrier, Stucco
      • Foundation: Combination, Raised, Slab
      • Roof: Flat,Shingle
      Condition
      • New construction: No
      • Year built: 1927

      Utilities & green energy

      • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Appliances, Water Heater

      Community & HOA

      Community
      • Features: Park, Suburban, Sidewalks
      • Security: Fire Rated Drywall, Smoke Detector(s)
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $721/sqft
      • Tax assessed value: $249,696
      • Annual tax amount: $3,502
      • Date on market: 7/18/2026
      • Cumulative days on market: 10 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Contract,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Freddie Mac,Government Loan,Lease Option,Private Financing Available
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,756/mo

        Price history

        DateEventPrice
        7/18/2026Listed for sale$739,000+269.5%$721/sqft
        Source: CRMLS #SR26151884 Report a problem
        5/6/2026Listing removed$200,000-16.7%$195/sqft
        Source: bridgeMLS/CCAR/Bay East AOR #CRRS23074413 Report a problem
        3/16/2026Listing removed$4,100$4/sqft
        Source: CRMLS #SR25276132 Report a problem
        12/15/2025Listed for rent$4,100$4/sqft
        Source: CRMLS #SR25276132 Report a problem
        6/2/2023Sold$240,000+20%$234/sqft
        Source: Public Record Report a problem
        5/11/2023Pending sale$200,000$195/sqft
        Source: CRMLS #RS23074413 Report a problem
        5/2/2023Listed for sale$200,000$195/sqft
        Source: CRMLS #RS23074413 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,502 -3.4%$249,696 -56%
        2024$3,625 +252.9%$567,120 +2054.4%
        2023$1,027 +2.7%$26,324 +2%
        2022$1,000 +1.5%$25,809 +2%
        2021$985 +0.1%$25,303 +1%
        2020$985 $25,044 +2%
        2019$985 +8%$24,554 +2%
        2018$911 $24,073 +2%
        2017$911 +1.7%$23,602 +2%
        2016$896 +2.7%$23,140 +1.5%
        2015$872 +0.6%$22,794 +2%
        2014$867 $22,348 +2.5%
        2012-- $21,813 +2%
        2011-- $21,386 +0.7%
        2010-- $21,227 -0.2%
        2009-- $21,279 +2%
        2008-- $20,862 +2%
        2007-- $20,454 +2%
        2006-- $20,054
        2005-- $20,054 +4%
        2004-- $19,278 +1.9%
        2003-- $18,926 +2%
        2002-- $18,556 +4%
        2000-- $17,837
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 90063

        Getting around

        74 / 100
        Very Walkable
        65 / 100
        Good Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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