3812 E 1st Street

Los Angeles, CA 90063

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,930 Sqft
  • 10084
    Sqft(Lot)
$1,249,000

Description

Introducing the usc spanish style villas — a 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.



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 Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    50096903

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 2025
    • Building Area Total: 6,930

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • See Remarks
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2315
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10084
  • Listing Price Information

    • Original List Price: 1,249,000
    • Listing Contract Date: 2025-06-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 5233017005
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C23 - Metropolitan
    • Postal Code Plus 4: 3602
    • Directions: Indiana St and 1st St: Head East on 1st St
    • Zoning: LCC3*
    • Source Property Type: Residential Income
    • Area: C23 - Metropolitan
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 0
    • Common Walls: No Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/15/2025 @ 16:53

  • MLS: PW25125494
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,930 sqft, 10,084 sized lot, and 0 parking. are nearby neighborhoods.