5
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$990,000
Est. payment /mo
Price Dropped by $110K
3416 E 1st ST Los Angeles, CA 90063
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25617663
HOA Y/N No
Property Description
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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Building
New Construction No
Others
Senior Community No
Tax ID 5179017009
Special Listing Condition Standard
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
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