4126 E 1st
Los Angeles, CA, 90063
$739,000
MLS: SR26151884
Beds
3
Baths
1
Sq Ft
1,025
Lot
0.13 ac
Year Built
1927
MLS #
SR26151884
Days on Market
13
Listed
Jul 18, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: Tigran Ghazaryan · Groves Capital, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,621
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $73,900 · Loan: $665,100
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,274
- Property tax (1.25%)
- $770
- Homeowners insurance
- $300
- Mortgage insurance
- $277
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $25,865 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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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