$900,000

2900 E 1st Street, Los Angeles CA, 90033

Price per sqft$149.40

Lot size0.14 Acres

Property typeLand

Overview

Active

Listed Aug 18, 2026

Updated 2 weeks ago

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"

Additional information

MLS^® ID: DW26179408

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $9,771
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

Listed by Maria Moreno, Regional Real Estate, CA DRE 02014010

Listing Contact: 562-207-7449

Based on information from the CRISNet MLS as of 9/23/2026, 4:38 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.