1517 Ricardo, Los Angeles, CA 90033
1517 Ricardo, Los Angeles, CA 90033
1517 Ricardo, Los Angeles, CA 90033
1517 Ricardo, Los Angeles, CA 90033
1517 Ricardo, Los Angeles, CA 90033
1517 Ricardo, Los Angeles, CA 90033
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Joshua Smith

Joshua Smith

+1(619) 279-2250
$ 975,000
Est. payment | /mo

2 Beds

1 Bath

794 SqFt

Save
$ 975,000
Est. payment | /mo
Save

2 Beds

1 Bath

794 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 794 sqft

Price per Sqft $1,227

MLS Listing ID DW26124125

Bedrooms 2

Full Baths 1

Year Built 1921

Lot Size 7,501 Sqft

Property Sub-Type Detached

Property Description

1517 Ricardo Street, Los Angeles, CA 90033 Prime Development Opportunity | LARD1.5 Zoning | 7,501 SF Lot An exceptional opportunity for developers and investors in one of Los Angeles's most active infill corridors. This 7,501 square foot lot is zoned LARD1.5 and has been held by the original owners since 1987, positioning it as a strong candidate for SB 8 demolition application buyers are encouraged to conduct their own due diligence with qualified legal and planning professionals. The existing structure has sustained fire damage and is being sold strictly for its land value. The lot's zoning and dimensions may support the construction of up to 5 residential units, subject to verification by a licensed architect, engineer, and/or city planning consultant. All development potential, unit counts, and entitlement timelines should be independently confirmed by the buyer and their team prior to close of escrow. Adding to the area's momentum, neighboring properties at 1524, 1525, 1532, and 1571 Ricardo Street are all new construction developments on the same street, a strong indicator of the corridor's trajectory and growing demand for quality housing product in this submarket.

Location

State CA

County Los Angeles

Direction Near Soto Street

Interior

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5202015015

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Danny Navarro, DRE#01938421 Century 21 Allstars 
Nearby Locations
Joshua Smith

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 279-2250

josh@yoursdrealtor.com

10085 Carroll Canyon Rd Suite 100, San Diego, California, 92131, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Joshua Smith, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1517 Ricardo