$1,250,000

2900 E 1st, Los Angeles, CA 90033

Land
Built in ——
6,024sqft lot
—— car garage
$——/sqft
Listed 5 days ago

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"

Listing Status:: Active
Date Added:: August 18, 2026
Data Last Updated:: August 24, 2026 at 1:11PM
Listing Office:: Regional Real Estate : 626-672-0534
Listing Agent:: Maria Moreno : 562-207-7449
MLS ID:: DW26179408

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 5180021001

Utilities: Below GroundElectricNatural GasTelephone

Source: California Regional MLS

This listing courtesy of Maria Moreno , Regional Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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