$9,495,000
2900 E 1st Street, Los Angeles CA 90033
Multi-Family (26 Units)
Property type
211 days
On market
$694
Price per sqft
N/A
Garage
2026
Year built
6,026 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Parker Evans DRE #02265223 928-846-1273, The Oppenheim Group, Inc., Jason Oppenheim DRE #01863254 310-990-6656, The Oppenheim Group, Inc.
Listing updated: Nov 14, 2025 at 08:21am.
Last checked: Jun 2, 2026 at 07:00am
Source: CRMLS #25614905
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 20 | 1 | 1 | — | $2,250 | $0 | $540,000 | Unfurnished |
| 3 | 0 | 1 | — | $1,850 | $0 | $66,600 | Unfurnished |
| 3 | 0 | 1 | — | $1,295 | $0 | $46,620 | Unfurnished |
# of Buildings: 1
# of Units Total: 26
Refrigerator: 26
Financial Snapshot
Gross Rent Multiplier
14.5x
List Price / Annual Gross Rent
Cap Rate
5.71%
NOI / List Price
Net Operating Income: $542,091
Interior
Cooling: Central Air
Heating: Central
Appliances: Microwave, Refrigerator
Exterior
Stories Total: 4
Levels: Multi Split
Garage and Parking
Parking: On Street
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5180021001
Zoning: LAC2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2900 E 1st Street, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$7,596,000
Total Interest
$9,688,279
Total Payment
$17,284,279
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$58,053
per month
Property History for 2900 E 1st Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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