2522 E 1St St Los Angeles, CA 90033
Development opportunity near Metro E Line with high-density potential.
Lot size:
0.20 AcresProperty Features for 2522 E 1St St
General Information
- Lot size
- 0.20 Acres
Source:
Elliman
Listing Agency: Keller Williams Los Angeles
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Boyle Heights Development Opportunity
This is an exceptional development opportunity in Boyle Heights, situated on a highly visible lot on E 1st Street. The property is located steps from the Metro E Line and major transit corridors. The lot size is 8,645 square feet and is zoned LAC2-1-CUGU. It is located within TOC (Transit Oriented Communities) Tier 4, allowing for 21 units by-right and up to 38 units with TOC incentives, buyer to verify. The property includes a 960 square foot building, currently operating as a restaurant with a month-to-month tenancy, providing interim income while entitlements are pursued. The area is experiencing new multifamily construction, driven by walkability, transit access, and a central location. This infill site offers strong potential for increased density.
Location Intelligence
Current Use by Public Records
El Sarape
Seafood Restaurant
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.208028
- Latitude
- 34.0427095
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Development opportunity near Metro E Line with high-density potential.
Where is this land located?
The property is located at 2522 E 1St St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - 8,645 SF lot on highly visible E 1st Street.; - TOC Tier 4 designation allows for up to 38 units with incentives (buyer to verify).; - Zoned LAC2-1-CUGU, allowing for 21 units by-right.