3416 E 1st Street

Los Angeles , CA 90063

MLS#: 25617663

$990,000

Status: Active
Listing number: 25617663
Listing provided by: Lyon Stahl Investment Real Estate, Inc.
Listing agent phone: None
Last update: 14 days ago
On site: a month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.2328 acres

3416 E 1st St, Los Angeles, CA 90063 is a nearly entitled affordable housing development site located in the vibrant and transit-rich Boyle Heights neighborhood. Spanning 10,137 SF of C2-1CUGU-zoned land, the property is approved for a 50-unit multifamily project under the State Density Bonus Program, with a 2.96:1 FAR and no height limitation. Its favorable zoning allows for both residential and commercial uses, offering flexibility for developers exploring multifamily, mixed-income, or medical/retail components. The site sits just 0.4 miles from the Metro E Line (Soto Station), providing direct access to Downtown Los Angeles and Union Station, and benefits from SB 79 designation, enhancing density and feasibility for transit-oriented development. Surrounded by strong community amenities, schools, and local retail, 3416 E 1st St presents an exceptional opportunity for developers seeking an infill site in one of LA's most dynamic, high-demand submarkets.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    City Lights

Area & Lot

  • Lot Size(acres)

    0.2328

  • Property Type

    Land

Price

  • Sales Price

    $990,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

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Listing Courtesy of Taylor Avakian , Lyon Stahl Investment Real Estate, Inc.

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3416 E 1st St, Los Angeles, CA 90063 is a nearly entitled affordable housing development site located in the vibrant and transit-rich Boyle Heights neighborhood. Spanning 10,137 SF of C2-1CUGU-zoned land, the property is approved for a 50-unit multifamily project under the State Density Bonus Program, with a 2.96:1 FAR and no height limitation. Its favorable zoning allows for both residential and commercial uses, offering flexibility for developers exploring multifamily, mixed-income, or medical/retail components. The site sits just 0.4 miles from the Metro E Line (Soto Station), providing direct access to Downtown Los Angeles and Union Station, and benefits from SB 79 designation, enhancing density and feasibility for transit-oriented development. Surrounded by strong community amenities, schools, and local retail, 3416 E 1st St presents an exceptional opportunity for developers seeking an infill site in one of LA's most dynamic, high-demand submarkets.

3416 E 1st Street

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