1850 1st Street Los Angeles, CA 90033

Listing office CBRE - Downtown Los Angeles d***@cbre.com Show Phone

Listing date Jun 4, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This for-sale site at 1850 1st Street, Los Angeles, CA 90033 is positioned for multifamily development. Public remarks note the buyer may be able to leverage incentives under AB 1763 and the City of Los Angeles ED-1 program. Subject to project size and other design elements, the remarks estimate the potential for approximately 79 units.

The property is described as being in a strong residential area with convenient access to public transportation and nearby retail amenities. The combination of transit accessibility and surrounding neighborhood retail supports a practical, livable tenant environment.

For qualified buyers and development partners, the opportunity centers on the ability to pursue incentive-driven planning under the referenced programs. Any unit count, program outcome, and final project design would be dependent on size and design elements as stated in the remarks, making due diligence on site requirements and the application process an important next step.

Key Highlights

• Development opportunity in Los Angeles within a residential setting.
• Buyer may be able to leverage incentives under AB 1763.
• Buyer may also be able to leverage the City of Los Angeles ED‑1 program.

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FAQs

What type of property is this?

Apartment building - A Los Angeles development opportunity in a transit-accessible residential setting, with incentives that may support an estimated 79 units.

Where is this apartment building located?

The property is located at 1850 1st Street Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,795,000.

What are key features of this property?

This property features: Development opportunity in Los Angeles within a residential setting.; Buyer may be able to leverage incentives under AB 1763.; Buyer may also be able to leverage the City of Los Angeles ED‑1 program.