2228 E 1st ST

LOS ANGELES, CA, 90033

$5,625,000

$5,625,000
Active
Active
 - For Sale
property_type
Land
Realty Group Advisors proudly presents a new TOC development opportunity in the City of Boyle Heights. Boasting 33,724 square feet of land, this site at 1st and Breed has the potential to become the next largest mixed-use residential project in the area. This property is located at the epicenter of the community, as it is surrounded by the train station, new police station, hospital, public library, and is minutes from Downtown Los Angeles. This development site would be the ideal location and project to meet the City of Los Angeles need for housing and to take advantage of the programs and incentives for low-income development that the City has to offer. By right, the site allows for a total building area of 65,568 square feet with the potential to build 65 to 83 units. With the new 6th Street bridge currently under construction, this site is located at the foot of the new gateway to expansion of business, residents, and growth in Boyle Heights. APN included are APN#5183-009-012, 5183-009-007, 5183-009-014
MLS® ID:
DW21123185MR
Listed:
6/6/21
Updated:
9/29/22

Exterior/Building Features

Lot Size
0.77 acres lot

Other Property Details

Garage
No
Parking
N
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LAC2

 

Courtesy of Reyes Mejia, Realty Group Advisors

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Rory Posin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/29/22

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