About 2900 E 1st Street
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"
Features of 2900 E 1st Street
| MLS® # | DW26179408 |
|---|---|
| Price | $1,250,000 |
| Bathrooms | 0.00 |
| Lot Size | 6,024 |
| Type | Land |
| Status | Active |
Community Information
| Address | 2900 E 1st Street |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected |
|---|---|
| View | City Lights, Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Near Public Transit, Rectangular Lot, Street Level |
|---|
Additional Information
| Date Listed | August 15th, 2026 |
|---|---|
| Days on Market | 21 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Maria Moreno |
|---|---|
| Office | Regional Real Estate |