4126 E 1st
Los Angeles, CA 90063
Listing broker / agent: Groves Capital, Inc. · Tigran Ghazaryan · 424-333-4203 · CRMLS
MLS # SR26151884 · Last checked Oct 20, 2026 21:50 UTC
About this property
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.
Property details
- MLS number
- SR26151884
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 1 Baths
- Living area
- 1,025 Sq Ft
- Lot size
- 0.1258 acres
- County
- Los Angeles
- Year built
- 1927
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 76
Building
- Year built
- 1927
- Year built source
- Assessor
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Drywall, Ducts Professionally Air Sealed, Frame, Radiant Barrier, Stucco
- Roof
- Flat, Shingle
- Foundation
- Combination, Raised, Slab
Bathrooms
- Full bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 3
- Main-level bathrooms
- 1
- Rooms
- Bedroom, Family Room, Kitchen, Living Room, Primary Bedroom, Dining Room
- Appliances
- 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
- Interior features
- Separate Formal Dining Room, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down
- Flooring
- Vinyl
- Heating
- Central, Energy Star Qualified Equipment, Forced Air, High Efficiency, Heat Pump
- Cooling
- Central Air, Electric, Energy Star Qualified Equipment, High Efficiency, Heat Pump
- Fireplace
- None
- Laundry
- Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
- Accessibility features
- None
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Parking
- No Driveway, Public, On Street
- Pool
- None
- Spa
- None
- Patio / porch
- Deck, Front Porch, Patio, Porch, Wood
- Exterior features
- Lighting
- Lot features
- Sixteen To Twenty Units Acre, Back Yard, Sloped Down, Rectangular Lot, Value In Land, Yard
- Lot size source
- Assessor
- Fencing
- Chain Link
- Property outlook
- Park Greenbelt, Neighborhood, Trees Woods
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Community features
- Park, Suburban, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- High school district
- Los Angeles Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $719,000
- MLS-reported original asking price
- $739,000
- MLS-reported previous asking price
- $729,000
- MLS-reported last price change
- 2026-10-05 15:59 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 5, 2026 23:11 | $719,000 |
| Oct 2, 2026 05:35 | $729,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
553 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 22:17 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗