3416 E. 1st St.
Land | 10,136 SqFt
Marketing description
3416 E. 1st Street presents a rare infill development opportunity in the highly sought-after Boyle Heights submarket of Los Angeles. The property consists of approximately 10,000+ square feet of land positioned along a major commercial corridor with strong visibility and accessibility.
This site offers exceptional flexibility for investors, developers, and owner-users, allowing for a variety of commercial uses including retail, medical, service-based businesses, or automotive-related uses. Additionally, the property carries significant upside as a multi-family development opportunity, having been previously entitled for 38 residential units.
With direct frontage on 1st Street and proximity to public transit, this asset is ideally positioned to capture both local foot traffic and commuter-driven demand.
Investment highlights
- Prime Boyle Heights Location - Dense, infill Los Angeles submarket
- ±10,136 SF Parcel - Ideal size for flexible development
- Transit-Oriented Site - Walking distance to Metro Gold Line
- High Traffic Exposure - ±30,667 cars/day at 1st & Lorena
- Strong Demographics - ~259,000 residents within 3 miles
- Zoning Flexibility (C-2) - Allows a wide range of commercial uses
- Development Upside - Previously entitled for 38 multi-family units
- Proximity to Freeways - ±0.5 mile to 60 Freeway access
- Surrounded by Retail Anchors - Across from Mariachi Plaza & Lorena Plaza
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