Skip To Content
    Return to Previous Page

    2908 E 1ST St

    Los Angeles, CA 90033
    • $2,300,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: 20-561380
    UPDATED: 34 min ago
    $2,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to present this Development opportunity in Boyle Heights. The 14,454 SF Lot consists of 3 parcels and is currently being used as a restaurant. A developer can build 27 units by right or 50 units using a Density Bonus(Buyer to Verify). The 3 APNs are zoned C2-1-(CUGU) and R2-1-(CUGU) with the restaurant having approx 90 feet of frontage along E 1st St. The Opportunity is located in a Tier 3 Transit Oriented Community (TOC) as well as being situated in "Clean Up Green Up" zoning location. The property could be developed for Retail, Multifamily, Mixed Use, Parking, etc. The site currently has access to the following utilities: Water, Gas, Electricity. The building operates as the El Rinconcito del Mar restaurant, was built in 2002, consists of 4,824 SF, and has a liquor license in place. The front portion of the lot is zoned C2 and is approx 10,400 SF. The back portion of the lot is zoned R2 and is approx 4,049 SF. Can be delivered vacant at COE or with a sale-leaseback.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-03T18:42:32.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/103891362
    Print Image

    2908 E 1ST St Los Angeles, CA 90033

    • Price: $2,300,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 20-561380
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Boyle Heights
    County:
    Los Angeles
    Area:
    Boyle Heights
    Property Description
    We are pleased to present this Development opportunity in Boyle Heights. The 14,454 SF Lot consists of 3 parcels and is currently being used as a restaurant. A developer can build 27 units by right or 50 units using a Density Bonus(Buyer to Verify). The 3 APNs are zoned C2-1-(CUGU) and R2-1-(CUGU) with the restaurant having approx 90 feet of frontage along E 1st St. The Opportunity is located in a Tier 3 Transit Oriented Community (TOC) as well as being situated in "Clean Up Green Up" zoning location. The property could be developed for Retail, Multifamily, Mixed Use, Parking, etc. The site currently has access to the following utilities: Water, Gas, Electricity. The building operates as the El Rinconcito del Mar restaurant, was built in 2002, consists of 4,824 SF, and has a liquor license in place. The front portion of the lot is zoned C2 and is approx 10,400 SF. The back portion of the lot is zoned R2 and is approx 4,049 SF. Can be delivered vacant at COE or with a sale-leaseback.
    Exterior Features

    Lot Size Area 14454 View Description Other View YN Yes

    Property Features

    Cable YN Yes Hoa Fee1 0.00 Sale Type Standard Source Lot Size Area Other Zoning Lac2

    Listing provided courtesy of Derrick Vartanian DRE#01816119 of Keller Williams Silicon Beach.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-03T18:42:32.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_121703706306-1.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_121703706306-1.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_121703706306-1.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355