3416 E 1st Street, Los Angeles, CA 90063

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
3416 E 1st Street,Los Angeles, CA 90063
$990,000
  • 0.23 Acres
  • Lots / Land
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.
MLS#:25617663
Source:CRMLS

Price summary

  • Price:$990,000

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:40 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Structure and exterior

  • Lot area:0.23 Acres

Finances and disclosures

  • Price:$990,000
Based on information from California Regional Multiple Listing Service, Inc. as of December 22, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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