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1517 Ricardo

Los Angeles, CA 90033
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Bed 2

Bed

Bath 1

Bath

SqFt794

Sqft

SqFt7,501

Sqft(Lot)

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, un it 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.

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Detail Ic Property Details

Property Type : Residential

Price : $975,000

AD Id : 81482940

MLS Id : DW26124125

Beds : 2

Lot Size : 7,501 Sqft

Living Area Size : 794

Year Built : 1921

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Interior Features

    All Bedrooms Down
    Laundry Features: None
  • Heating & Cooling

    Cooling: None

  • Building Information

    Year Built: 1921
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7501 Lot Size Acres: 0.1722 Lot Size Source: Assessor Lot Size Square Feet: 7,501 Lot Description: 0-1 Unit/Acre

  • Listing Price Information

    Listing Price: $975000
    Cash, 1031 Exchange

  • Tax Information

    Parcel Number: 5202015015 Tax Lot: 15 Tax Block: 16

  • Location Information

    Direction: Near Soto Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1440 Tremont, Los Angeles, CA, 90033 $1,288,000 -- -- 4,836 4,836 SqFt
2829 Blanchard Street, Los Angeles, CA, 90033 $555,000 -- -- 1,444 1,444 SqFt
2746 Wabash Avenue, Los Angeles, CA, 90033 $790,000 5 4 2,249 2,249 SqFt
2532 1/2 Ganahl Street, Los Angeles, CA, 90033 $399,000 2 2 850 850 SqFt
2440 Wabash Avenue, Los Angeles, CA, 90033 $795,000 5 5 2,756 2,756 SqFt
2853 Cincinnati Street, Los Angeles, CA, 90033 $2,292,000 18 15 7,168 7,168 SqFt
1151 1153 Cornwell Street, Los Angeles, CA, 90033 $1,170,000 -- -- 3,682 3,682 SqFt
701 N Fickett, Los Angeles, CA, 90033 $1,250,000 -- -- --
620 N Fickett, Los Angeles, CA, 90033 $725,000 4 3 --
2545 Folsom Street, Los Angeles, CA, 90033 $449,000 4 2 1,008 1,008 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 01:20

MLS: DW26124125 LISTED BY: Danny Navarro, Century 21 Allstars 562-863-2121 SOURCE: CRMLS

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