3868 E 1st
Los Angeles, CA, 90063
$499,000
MLS: RS26045993
Beds
2
Baths
1
Sq Ft
608
Lot
0.05 ac
Year Built
1921
MLS #
RS26045993
Days on Market
38
Listed
Mar 6, 2026
Description
Just minutes from Downtown Los Angeles, this beautifully remodeled 2-bedroom, 1-bath residence blends privacy, comfort, and modern updates in a truly special setting. Offering approximately 608 sq ft of living space (buyer to verify), the home features an updated kitchen and bath, new flooring, fresh paint, upgraded fixtures, and thoughtful improvements throughout—creating a clean, move-in ready environment ideal for first-time buyers. In addition to the two bedrooms, the home includes a flexible bonus area that may serve as a home office, guest space, or additional sleeping area (buyer to verify use, square footage, and permit status). Enjoy exploring local favorites such as El Mercadito Market and the East Los Angeles Library, with convenient access to Cal State LA, USC Keck School of Medicine, Downtown LA’s museums and dining, the Metro Gold Line, and major freeways. A wonderful opportunity for buyers looking to own in a centrally located Los Angeles neighborhood. FHA, VA, and conventional financing welcome. Down payment assistance programs welcome. Buyer to independently verify all information including square footage, permits, and improvements. Property sold as-is.
Location
Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: Juan Melendez · Berkshire Hathaway HomeService
Payment estimate
$3,766
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
- Principal & Interest
- $2,759
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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