2900 E 1st Street, Los Angeles, CA, 90033

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$900,000
53 Days On Site

2900 E 1st Street
Los Angeles, CA 90033

For Sale|Land|Active
County:
Los Angeles
Listed by Maria Moreno of Regional Real Estate dlanotary@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
2900 E 1st Street2900 E 1st Street2900 E 1st Street2900 E 1st Street
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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"

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Listing Snapshot
Price 
$900,000
Days On Site 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1383 Acres
Year Built 
N/A
MLS® Number 
DW26179408
Status 
Active
Property Tax 
$9,771
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $900,000
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1383
Land Lease 
No
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater Connected
Water Source 
Public
Zoning 
LAC2
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Exterior Features
Fencing 
Chain Link
Lot Features 
Near Public TransitRectangular Lot
Road Frontage 
City Street
View 
City LightsMountain(s)
Waterview 
City LightsMountain(s)
Community Features
Community Features 
Sidewalks
MLS Area 
BOYH - Boyle Heights
Financing Terms Available 
CashConventional1031 Exchange
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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