4339 E 1st, East Los Angeles, California 90022, East Los Angeles, 90022 - 3 bed, 3 bath

4339 E 1st, East Los Angeles, California 90022 home-pic-0
ACTIVE$799,999
4339 E 1st, East Los Angeles, California 90022
3Beds
3Baths
1,320Sqft
1,320Lot
Year Built
1930
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$606
HOA
-
Days on market
-
Sold On
-
MLS number
CV25245363
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $800.0K(41th), sqft - 1320(12th), beds - 3(71th), baths - 3(82th).

Welcome to this exceptional investment opportunity located in the heart of East Los Angeles. This fully updated Duplex offers two distinct units: a front unit with 1 bed/1 bath and a rear larger unit approx. 2 beds/2 baths, which can easily be separated for extra income (buyer to confirm). Recent interior upgrades include PEX piping, updated electrical panels, fresh paint and flooring throughout. Large lot zoned for R2/LCR2* allowing for possible ADU or additional dwelling unit opportunities. Charming property featuring mature avocado, lemon, and guava trees. Perfect for enjoying fresh fruit right from your own yard! Conveniently located near public transportation, local/retail amenities, and Los Angeles vibrant east-side markets. This turn-key income property is an excellent fit for investors, owner-occupiers seeking rental income, or developers looking to leverage East LA’s growth. Don’t miss the chance to build in equity, increase rental income and leverage the excess lot for future development.

Price History

Date
Event
Price
10/22/25
Listing
$799,999
02/15/24
Sold
$590,000
Condition Rating
Good

Despite being built in 1930, the property has undergone significant and recent interior upgrades, including new PEX piping, updated electrical panels, fresh paint, and new flooring throughout. The kitchen features new, albeit basic, white cabinets and countertops. The bathroom includes a new, functional shower stall. These updates make the property move-in ready with major systems addressed, aligning with the 'Good' criteria for extensive renovation within 5-15 years. However, the basic nature of the finishes (e.g., simple light fixtures, lack of visible kitchen appliances, basic shower unit) and the older exterior prevent it from achieving an 'Excellent' rating.
Pros & Cons

Pros

Income-Generating Duplex: The property is a fully updated duplex offering two distinct units (1 bed/1 bath and approx. 2 beds/2 baths), providing immediate rental income potential for investors or owner-occupiers.
Development & ADU Potential: Zoned R2/LCR2*, the property is described as having a 'large lot' with opportunities for an Accessory Dwelling Unit (ADU) or additional dwelling units, offering significant future value-add potential.
Recent Major Upgrades: Recent interior upgrades including PEX piping, updated electrical panels, fresh paint, and new flooring throughout reduce immediate capital expenditure and enhance tenant appeal.
Prime Location & Accessibility: Conveniently located near public transportation, local retail amenities, and vibrant East Los Angeles markets, ensuring high demand for rentals and ease of access for residents.
Versatile Investment Opportunity: Positioned as a 'turn-key income property,' it appeals to a broad range of buyers including investors, owner-occupiers seeking rental income, and developers looking to leverage growth.

Cons

Age of Property: Built in 1930, the property's age may lead to higher long-term maintenance costs and potential for unforeseen issues with original structural or utility components not covered by recent updates.
Lot Size Discrepancy: The listed lot size of 1320 sqft appears inconsistent with the description of a 'large lot' offering ADU opportunities, which could significantly limit development potential if accurate.
Unconfirmed Unit Separation: The description states units 'can easily be separated for extra income (buyer to confirm),' indicating that this separation may not be legally established or permitted, requiring buyer due diligence and potential investment.

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