El Mercado de Los Ángeles, sometimes referred to as El Mercadito, is a market located in Boyle Heights on the corner of 1st Street and Lorena Street. El Mercado is a three-floor indoor shopping center that offers dining and restaurant services, entertainment with live mariachi bands and shopping from various vendors. The market is located by the Metro Gold Line's Indiana Station located two blocks east. History The market was built in 1968 as a multi-ethnic market. On the former site of the Boyle Heights Lumber Company. In 1988, Pedro Rosado had a majority of shares became owner of the market. Rosado, however, later died of cancer in 2018 and ownership was given to Rosado's two daughters, son, and wife; Tony Rosado, son, plans to gentrify the market. The Third Floor and Restaurant The third floor contains one restaurant named El Mercadito de Los Mariachis. is themed in to three different restaurants representing different cities of Mexico that make up the one large restaurant. Mariachi bands play on the restaurant's three stages, which are all built to different Latin themes. Monetary and cultural remittances at El Mercado El Mercado de Los Angeles offers a variety of services that help send off monetary remittances to Latin America. The Mercado also provides travel and calling services that help customers participate in the formation of cultural remittances to Latin America. Monetary remittances at El Mercado El Mercado also serves as an important site of cultural and monetary remittances between the United States and México, specifically. This mercado is a site of cultural that is the product of cultural hybridities. It is also a site that actively constructs cultural hybridities in the United States and México. El Mercado offers services to send money back to México securely as well as offering a currency exchange between pesos and United States dollars. Customers are able to send monetary remittance home to México by using the services at the Mercado. These services also assist vendors at the Mercado send some of the profits that they make at the Mercado to family members or communities abroad. These remittances are often directed at families or hometown associations. Cultural remittances at El Mercado The Mercado de Los Angeles also facilitates opportunities to create cultural remittances for Latino migrants. The mercado offers international calling services and a travel agency that sells international plane tickets. These services aid the fluid migratory process