Juan Santos - Coldwell Banker Commercial Real Estate Solutions Logo
New Listing
$1,250,000
 $6,710 est/mo Sourced by Back At You

2900 E 1st Street,Los Angeles, CA 90033

Los Angeles, CA 90033

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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"

Details

MLS #DW26179408
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site5
Listing Provided ByRegional Real Estate | Maria Moreno

Features

ZoningLAC2
Acreage0.14
Property ViewYes

Exterior

Lot FeaturesNear Public Transit, Rectangular Lot, Street Level
FencingChain Link

Utilities

UtilitiesElectricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
SewerPublic Sewer

Location

Community FeaturesSidewalks, Urban

Taxes

Property9771

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$1,250,000
low | high
Med:
$1,100,000
62% of Average
On site:
5
low | high
Med:
17
29.411764705882% of Average
Sourced by Back At You

Market Activity 90033

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Additional Information

Showing Information

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Contact

Learn More About This Property

Juan Santos

Juan Santos

Coldwell Banker Commercial

02246273 (714) 862-7164juan.santos@cbhomesource.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$1,250,000
low | high
Med:
$1,100,000
62% of Average
On site:
5
low | high
Med:
17
29.411764705882% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $937K - $1.562M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
127 N Savannah Street Property Photo 1
$945,000
127 N Savannah Street
Los Angeles, CA 90033
Listing Updated: August 21, 2026 at 10:23:54 PM PDT

Juan Santos - Coldwell Banker Commercial Real Estate Solutions