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    2228 E 1st Street

    Los Angeles (City), CA 90033
    • $6,640,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: DW21123185
    UPDATED: 196 min ago
    $6,640,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-30T00:27:10.907. 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 Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/118010328
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    2228 E 1st Street Los Angeles (City), CA 90033

    • Price: $6,640,000
    • Status: Active
    • Updated: 196 min ago
    • ID#: DW21123185
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    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
    Exterior Features

    Lot Features 0-1 Unit/Acre Sign On Property YN Yes View City Lights View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S) Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning Lac2

    Listing provided courtesy of Reyes Mejia of Realty Group Advisors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-30T00:27:10.907. 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 Zember Realty Group. Licensed in the State of California, USA.
     
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