3416 E 1St St Los Angeles, CA 90063
Nearly entitled affordable housing development site in Boyle Heights.
Lot size:
0.23 AcresProperty Features for 3416 E 1St St
General Information
- Lot size
- 0.23 Acres
Source: Lyon Stahl Investment Real Estate, Inc.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Boyle Heights Development Opportunity
Located at 3416 E 1st St, Los Angeles, CA 90063, this property is a nearly entitled affordable housing development site situated in the vibrant and transit-rich Boyle Heights neighborhood. The site spans 10,137 square feet of C2-1CUGU-zoned land and is approved for a 50-unit multifamily project under the State Density Bonus Program. It features a 2.96:1 Floor Area Ratio (FAR) and has no height limitation. The favorable zoning allows for both residential and commercial uses, offering flexibility for developers exploring multifamily, mixed-income, or medical/retail components. The site is located just 0.4 miles from the Metro E Line (Soto Station), providing direct access to Downtown Los Angeles and Union Station. It benefits from SB 79 designation, enhancing density and feasibility for transit-oriented development. The property is surrounded by strong community amenities, schools, and local retail, presenting an exceptional opportunity for developers seeking an infill site in one of Los Angeles's most dynamic, high-demand submarkets.
Location Intelligence
Current Use by Public Records
Heavenly Hope Church ...
Evangelical Church
Heavenly Hope Church
Church
Grupo Estrella
Loan Agency
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.1944008
- Latitude
- 34.0367143
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FAQs
What type of property is this?
Land - Nearly entitled affordable housing development site in Boyle Heights.
Where is this land located?
The property is located at 3416 E 1St St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Approved for a 50-unit multifamily project under the State Density Bonus Program.; - Located in the high-demand Boyle Heights neighborhood.; - Favorable C2-1CUGU zoning allows for residential and commercial uses.