Property Detail

Description

Exceptional Boyle Heights development opportunity on highly visible E 1st Street, just steps from the Metro E Line and major transit corridors. The 8,645 SF lot, zoned LAC2-1-CUGU and located within TOC (Transit Oriented Communities) Tier 4, allows for 21 units by-right and up to 38 units with TOC incentives (buyer to verify). The property features a 960 SF building currently operating as a restaurant on a month-to-month tenancy, providing interim income while pursuing entitlements. The area is seeing a wave of new multifamily construction, with strong demand driven by its walkability, transit access, and central location. A great opportunity to own a well-located infill site with strong potential for increased density.