Ready-to-build 6-unit cash cow development located in the highly desirable Wellington Heights neighborhood of Boyle Heights. This ground-up construction project is Fully Entitled RTI Shovel Ready and ideal for investors or developers seeking strong rental income in one of Los Angeles’ fastest-growing neighborhoods for USC Spanish Style Villas.
The project includes three 3-bedroom, 2-bathroom units and three 2-bedroom, 2-bathroom units, all thoughtfully designed and unfurnished. Each unit comes with one dedicated parking space, totaling six parking spots for the entire property. The projected monthly rent is $3,995 for the 3-bedroom units and $3,195 for the 2-bedroom units, generating a total monthly pro forma income of $21,570 and an annual pro forma of $258,840 — offering a compelling yield in a supply-constrained market.
Positioned near Monterey Park and Downtown Los Angeles, the site offers unmatched accessibility to major employment centers, transit lines, and amenities. With a high Walk Score of 84, the property sits in a walker’s paradise, providing future tenants with convenient access to grocery stores, parks, restaurants, and public transportation — further elevating its long-term rental appeal.
This is a rare opportunity to build a high-yield multi-unit property in a rapidly developing pocket of Los Angeles. The project is ready to break ground—bring your team and start building today.
The project includes three 3-bedroom, 2-bathroom units and three 2-bedroom, 2-bathroom units, all thoughtfully designed and unfurnished. Each unit comes with one dedicated parking space, totaling six parking spots for the entire property. The projected monthly rent is $3,995 for the 3-bedroom units and $3,195 for the 2-bedroom units, generating a total monthly pro forma income of $21,570 and an annual pro forma of $258,840 — offering a compelling yield in a supply-constrained market.
Positioned near Monterey Park and Downtown Los Angeles, the site offers unmatched accessibility to major employment centers, transit lines, and amenities. With a high Walk Score of 84, the property sits in a walker’s paradise, providing future tenants with convenient access to grocery stores, parks, restaurants, and public transportation — further elevating its long-term rental appeal.
This is a rare opportunity to build a high-yield multi-unit property in a rapidly developing pocket of Los Angeles. The project is ready to break ground—bring your team and start building today.
Property Details
Price:
$1,249,000
MLS #:
PW25125494
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c23metropolitan
Listed Date:
Jun 16, 2025
Total Sq Ft:
6,930
Lot Size:
10,084 sqft / 0.23 acres (approx)
Year Built:
2025
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Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
SEE
Exterior
Community Features
SUB
Financial
Map
Community
- Address3812 E 1st ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 16, 2025
3,165
Single Family Listed
75
Avg DOM
813
Avg $ / SqFt
$1,473,434
Avg List Price
Property Summary
- 3812 E 1st ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90063. It is listed for $1,249,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2025. The average price per square foot for Single Family listings in Los Angeles is $813. The average listing price for Single Family in Los Angeles is $1,473,434.
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3812 E 1st ST
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