Properties

Los Angeles, CA 90033 2900 E 1st Street

2900 E 1st Street Los Angeles, CA - Image 1
Presented By: Parker Evans with The Oppenheim Group, Inc.;
  • MLS# 25614905
  • 11/06/2025
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  • Beds • 20
  • Baths • 20
  • SQFT • 13,680

Home Details

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.
Presented By: Parker Evans with The Oppenheim Group, Inc.;

Interior Features for 2900 E 1st Street

Bedrooms

Total Bedrooms20

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths26

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories4

General for 2900 E 1st Street

AppliancesMicrowave, Refrigerator
Cap Rate5.71
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsEast of Downtown LA
Full Baths
Gross Income653220
HOANo
HeatingCentral
LevelsMultiSplit
Living Area13680
Lot Size Square Feet6026
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
Net Operating Income542091
New ConstructionNo
Number Of Units Total26
PostalCityLOS ANGELES
Property TypeResidentialIncome
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built2026
Year Built SourceBuilder
ZoningLAC2

Exterior for 2900 E 1st Street

Building Area Total13680
Lot Size Acres0.1383
Lot Size Area6026
Number of Buildings1
Parking FeaturesOnStreet
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $9,495,000
MLS#25614905
List Date 11/06/2025
Property Type Single Family
Phone 888.795.6274
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