2900 E 1st Street, Los Angeles, CA — listing photo 1
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FOR SALE

2900 E 1st Street

Los Angeles, CA 90033
6,024 Lot Sq Ft
$900,000
Price ReducedWas $1,250,000 — $900,000 (-$350,000)

Property Overview

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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Home Details

Property type
Land
Lot size
6,024 sq ft
Days on market
35
MLS status
Active
Zoning
LAC2

Features & Amenities

Lot

  • Near Public Transit
  • Rectangular Lot
  • Street Level

Community, Schools & Utilities

Community

View
CityLights,Mountains
Property tax (2025)
$9,771

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

2900 E 1st Street

Los Angeles, CA 90033

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Frequently Asked Questions About 2900 E 1st Street

Property type: Land

The current asking price is $900,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2900 E 1st Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 35 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Maria Moreno
MLS ID: DWMOMARD

Available property

$900,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.