3416 E 1st Street, Los Angeles, CA 90063
Local realty services provided by:ERA Excel Realty
3416 E 1st Street,Los Angeles, CA 90063
$850,000
- 0.23 Acres
- Lots / Land
- Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:25617663
Source:CRMLS
Price summary
- Price:$850,000
About this home
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.
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Home facts
- Listing ID #:25617663
- Added:141 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Structure and exterior
- Lot area:0.23 Acres
Finances and disclosures
- Price:$850,000
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