Prevu by reAlpha
BuySellBlogBrowse Listings
2900 E 1st Street, Los Angeles CA 90033
2900 E 1st Street, Los Angeles CA 90033
California>Los Angeles>Boyle Heights

2900 E 1st StreetLos Angeles, CA 90033

For Sale

$9,495,000

Smart Buyer Rebate $94,950

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.

Listed by Parker Evans

·

License #02265223

·

The Oppenheim Group, Inc.

·

928-846-1273

Listed by Jason Oppenheim

·

License #01863254

·

The Oppenheim Group, Inc.

Last updated November 14, 2025

·

Source: CRMLS #25614905

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Bedrooms20
  • Days on Prevu35
  • Size13,680 sqft
  • Price per sqft$694

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

11/06/2025
Listed by The Oppenheim Group, Inc.
$9,495,000

Property Details for 2900 E 1st Street

Exterior

Construction

  • Number Of Units Total: 26
  • Stories Total: 4
  • Year Built: 2026

Measurements

  • Building Area Total: 13,680
  • Lot Size Acres: 0.13
  • Lot Size Area: 6,026
  • Lot Size Square Feet: 6,026
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.71
  • Gross Income: $653,220.00

Taxes

  • Parcel Number: 5180021001

Interior

Features

  • Appliances: Microwave, Refrigerator

Measurements

  • Living Area: 13,680

Rooms

  • Bathrooms Total Integer: 26
  • Bedrooms Total: 20

Parking

Parking

  • Parking Features: On Street

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 20 bedrooms in this multi-family home at 2900 E 1st Street.

How does 2900 E 1st Street compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 676% above the average price for multi-family homes in Boyle Heights and has been on the market for 60 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 13,680 sqft.

2900 E 1st Street is a 20-bedroom multi-family home for sale in Los Angeles CA 90033. On Prevu for 35 days at $9,495,000. This home features 13,680 square feet of living space, located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. Property amenities include air conditioning. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.