1526 E 1St St, Los Angeles, CA 90033

This VALUE-ADD 6,256 SF 12-Unit Apartment Building adjacent to the Boyle Heights neighborhood of East Los Angeles. It is located on 6,597 SF LA-M1zoned corner lot. The property consists of a total of 12 units & a finished basement. The ground floor has 4 units consisting of (1) 3+1 unit, (1) 2+1units, (1) 1+1 unit & (1) Studio. The second floor consists of (8)studios. The basement is approximately 3,000 SF. All but 4 of the studios on the second floor are VACANT. The subject property has approximately 9 on-site parking spaces in addition to ample street parking. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking for a value-add opportunity in a growing area within walking distance to public transportation, parks, schools and shopping areas.