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1900 E 1St St, Los Angeles, CA 90033
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1900 E 1St St Los Angeles, CA 90033

$800,000 Sold Price as of 09/12/2022
  • 2 Beds
  • 2 Baths
  • 1,899 Sq.Ft.
Sold
$800,000 Sold Price as of 09/12/2022 Refinance Your Mortgage
Map preview of 1900 E 1St St, Los Angeles, CA 90033

Property Overview: 1900 E 1St St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,899 living square feet and 4,945 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this vacant two bedroom house + occupied commercial unit located in the bustling neighborhood of Boyle Heights in East Los Angeles. The property consists of two completely separate buildings. The first building is a 2 bedroom and 1 bathroom freestanding vacant house. The second building is a small music and guitar store that has been at this location for over 15 years. Each unit has its own parking. The two units are separated by a gate and although they are on the same parcel, they feel like two separate properties. MAJOR UPSIDE POTENTIAL- The vacant house is ready to be renovated and either occupied by the new owner or rented for excellent cash flow. SHORT TERM LEASE- The commercial units lease expires on July 10th, 2023, giving added flexibility. The Tenant would like to stay if the Buyer allows. SEPERATE METERS- All utilities are separately metered including electricity, water, and gas- this keeps operating expenses as landlord extremely low.

Listed by Benjamin Gutierrez | BRE #02157302 | Apex Properties
Last checked: 3 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
4,945
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW22129743
City
Los Angeles
County
Los Angeles
Time on Site
693 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $2,180
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,760
  • Net Operating Income: $40,065
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,675
  • Insurance: $2,500
  • Maintenance: $1,800

Property Details for 1900 E 1St St

Interior Features
Laundry Information
  • Inside
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5174016024
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E of Santa Anna Freeway
View more facts & features

Local Los Angeles Agent

Sale History for 1900 E 1St St

Last sold for $800,000 on September 12th, 2022

  • September, 2022

  • Sep 12, 2022

    Date

    Sold

    CRMLS: DW22129743

    $800,000

    Price

  • Jun 15, 2022

    Date

    Active

    CRMLS: DW22129743

    $795,000

    Price

  • August, 2022

  • Aug 12, 2022

    Date

    Sold

    CRMLS: DW22129546

    $800,000

    Price

  • Jun 15, 2022

    Date

    Active

    CRMLS: DW22129546

    $795,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2000

  • Mar 30, 2000

    Date

    Sold (Public Records)

    Public Records

    $180,000

    Price

  • July, 1995

  • Jul 3, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1900 E 1St St

Assessed Value (2020): $283,197
Year Land Value Improved Value Assessed Value
2020 $89,932 $193,265 $283,197

Home Value Compared to the Market

This property vs the competition

1900 E 1St St sold on September 12, 2022 for 33.19% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $418.64 per/sqft which puts the price per square foot 44.55% lower than the current median sale per square foot for the city of Los Angeles.

About 1900 E 1St St

Detailed summary of property

1900 E 1St St is a mixed use that recently sold in Los Angeles, CA 90033. This mixed use property offered 2 bedrooms, 2 bathrooms, roughly 1,899 living square feet, and sits on an approximately 4,945 square foot lot. 1900 E 1St St was first listed on ArdentRealEstateGroup.com on June 15, 2022. The homeowner sold the property for $800,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.19% lower than the current median priced home. Local homes that are currently for sale include 5718 E Beverly Blvd, 2582 W Pico Blvd and 6524 S Central Ave. While the average home in Los Angeles, CA is selling in 94 days, 1900 E 1St St has a days on market of 5 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1900 E 1St St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1900 E 1St St

Public county record property details
Beds
2
Baths
1
Year built
1960
Sq. Ft.
1,915
Lot Size
4,945
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
5174-016-024

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$778,000
Median List Price/Sq.Ft.
$536
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
13
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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