For Sale
$900,000

2900 E 1st Street

Los Angeles, CA 90033

  • 6,024 sq ft lot

Listed by: Regional Real Estate · 562-207-7449

About this home

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"

Home details

Exterior & lot

Lot size
6,024 sq ft (0.14 acres)
Lot features
Level with Street, Rectangular Lot, Near Public Transit
View
Mountain(s), City Lights

Property & community

Property type
Land
Community
Urban, Sidewalks
County
Los Angeles
MLS #
DW26179408
Listed
Aug 18, 2026

Location

Listed by: Regional Real Estate · 562-207-7449

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 11, 2026 3:30 am.

Explore South Bay homes

More homes in Los Angeles

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Scroll to Top