2900 E 1st ST, Los Angeles, CA 90033
2900 E 1st ST, Los Angeles, CA 90033
2900 E 1st ST, Los Angeles, CA 90033
6
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$1,250,000
Est. payment /mo
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6,024 Sqft Lot
New

2900 E 1st ST Los Angeles, CA 90033

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26179408

HOA Y/N No

Annual Tax Amount $9,771

Tax Year 2025

Lot Size 6,024 Sqft

Property Description

Rare shovel-ready multifamily development opportunity in East Los Angeles! Vacant site with RTI-approved
plans for a 25-unit, 4-story multifamily project with roof terrace. Approved plans include 19 / 1-bed 1-bath
units and 6 studios, including 3 designated low-income affordable studios and 22 market-rate units.
Significant entitlement and pre-development work completed, offering developers and investors a
substantial head start toward construction. Prime location near Boyle Heights, Downtown LA, Lincoln
Heights, Little Tokyo, Arts District, USC/Keck Medical Center, Los Angeles General Medical Center, schools,
shopping, restaurants, transit and major freeways. Current area rental indicators are approximately $2,100–
$2,350 for 1-bedrooms and $1,650–$1,850 for studios. RTI plans and development documents available to
qualified buyers. **LAND-ONLY PURCHASE OPTION **without approved plans for buyers wishing to pursue
their own development concept. "SEE ATTACHED PDF FOR FULL DESCRIPTION"

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAC2

Interior

Fireplace No

Exterior

Fence Chain Link

Community Features Sidewalks, Urban

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected

View Y/N Yes

View City Lights, Mountain(s)

Building

Lot Description Near Public Transit, Rectangular Lot, Street Level

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5180021001

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


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Listed by Maria Moreno Regional Real Estate 562-207-7449, DRE #02014010

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Maiyah Jimenez

Maiyah Jimenez

Broker Associate | License ID: 01944450

+1(323) 200-4568

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2900 E 1st ST