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2900 E 1st Street

Los Angeles (City), CA 90033
  • $9,495,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: 25614905
UPDATED: 60 min ago
$9,495,000
  • 20
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,680
    SQFT
  • $694
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2026
County:

School Ratings & Info

Listing Agent(s): Parker Evans of The Oppenheim Group, Inc. (310-990-6656) and Jason Oppenheim of ()


Description

Brand-new 26-unit multifamily development by DLA Construction in the heart of Boyle Heights, set for completion at the end of 2026. This boutique building features 20 one-bed/one-bath units, 3 market-rate studios, and 3 Section 8 studios - perfectly blending modern design, energy efficiency, and stable rental income. Units offer open layouts, high-end finishes, and access to a rooftop deck with sweeping DTLA skyline views. The building comes equipped with a solar system to reduce operating costs and support long-term sustainability. Located just steps from the E Line (Gold) and minutes from the Arts District and Downtown LA, residents enjoy walkability, transit access, and proximity to over $500M in new developments including the Sixth Street Viaduct, East End Studios, and mixed-use projects redefining the neighborhood. Boyle Heights continues to show strong growth with rising home values and high renter demand - making this a rare new construction investment opportunity in one of LA's fastest-evolving submarkets.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169701167
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2900 E 1st Street Los Angeles (City), CA 90033

  • Price: $9,495,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 60 min ago
  • ID#: 25614905
20
Beds
0
Baths
0
½ Baths
0.14
Acres
13,680
SQFT
$694
$/SQFT
2026
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Brand-new 26-unit multifamily development by DLA Construction in the heart of Boyle Heights, set for completion at the end of 2026. This boutique building features 20 one-bed/one-bath units, 3 market-rate studios, and 3 Section 8 studios - perfectly blending modern design, energy efficiency, and stable rental income. Units offer open layouts, high-end finishes, and access to a rooftop deck with sweeping DTLA skyline views. The building comes equipped with a solar system to reduce operating costs and support long-term sustainability. Located just steps from the E Line (Gold) and minutes from the Arts District and Downtown LA, residents enjoy walkability, transit access, and proximity to over $500M in new developments including the Sixth Street Viaduct, East End Studios, and mixed-use projects redefining the neighborhood. Boyle Heights continues to show strong growth with rising home values and high renter demand - making this a rare new construction investment opportunity in one of LA's fastest-evolving submarkets.
Exterior Features

Parking Features On Street Parking Total 0

Interior Features

Appliances MicrowaveRefrigerator Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 5.71 Gross Income 653220 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 542091 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Parker Evans of The Oppenheim Group, Inc. (310-990-6656) and Jason Oppenheim of ()