Mixed-Use Property with
For Sale
$790,000
3583 E 1st St, East Los Angeles, CA 90063
East Los Angeles, CA
Property Size3,306 SF
Lot Size0.09 Acres
Price / SF$238.96
Days on Market141
Property Features for 3583 E 1st St
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
1
Rooms
Bedroom 1
Parking features
Off Street
Lot features
Walkstreet
Directions
between Dittman and Hicks
Subdivision
ELA - East Los Angeles
Standard status
Active
APN
5232013016
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1907
Floors in Building
2
Number of units
3
Listing Agency:
Century 21 Allstars · Century 21 Real Estate
(562) 863-2121
Listed By:
Karina Chavez · License #01360910
(562) 244-5026
Added: Jun 8
Changed: Oct 1
Last Checked: Oct 26 at 1:06PM
MLS# DW26124883
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1907, this mixed-use property in East Los Angeles contains approximately 3,306 square feet of combined building area. The existing layout offers the possibility of restoring three residential units and two retail spaces facing the street, subject to verification with the City of Los Angeles.
Located at 3583 E 1st St, the property sits one building from a newly developed 66-unit residential project. The site has public water and sewer service, central heating and central air, plus off-street parking. Its combination of residential and commercial space supports a range of ownership and repositioning strategies, subject to applicable approvals.
Located at 3583 E 1st St, the property sits one building from a newly developed 66-unit residential project. The site has public water and sewer service, central heating and central air, plus off-street parking. Its combination of residential and commercial space supports a range of ownership and repositioning strategies, subject to applicable approvals.
Key Highlights
- Approximately 3,306 square feet of combined building area
- Built in 1907
- Potential restoration to three residential units and two street‑front retail spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,029
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,580
$1.1M
Cap Rate 7%
$814,700
$814.7K
Cap Rate 9%
$633,656
$633.7K
Market Conditions
NOI Build-Up for 3,306 SF
Gross rent
$99.2K $30.00/SF
− Vacancy
−$7.9K −$2.40/SF
EGI
$91.2K $27.60/SF
− OpEx
−$34.2K −$10.35/SF
NOI
$57.0K $17.25/SF
Area
East Los Angeles, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,580
Cap Rate 7%
$814,700
Cap Rate 9%
$633,656
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.35M
NOI $80,748 @ 7.0% cap · market cap 10.22%
Second Best
Mixed Use
$814.7K
$712.9K – $950.5K
NOI $57,029 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,679 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
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Business Placement
Demographics for 90063, CA
50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible building combines residential and street-facing retail potential.
Where is this mixed-use property located?
The property is located at 3583 E 1st St East Los Angeles, CA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Approximately 3,306 square feet of combined building area; Built in 1907; Potential restoration to three residential units and two street‑front retail spaces
