About 2900 E 1st
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
| MLS® # | DW26179408 |
|---|---|
| Price | $1,250,000 |
| Acres | 0.14 |
| Type | Land |
| Sub-Type | Lots/Land |
| Status | Active |
Community Information
| Address | 2900 E 1st |
|---|---|
| Area | LOS ANGELES (90033) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90033 |
Amenities
| Utilities | Below Ground,Electric,Natural Gas,Telephone |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Sidewalks |
|---|
Additional Information
| Date Listed | August 18th, 2026 |
|---|---|
| Days on Market | 5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Regional Real Estate |
|---|
