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1517 Ricardo

Los Angeles, CA 90033
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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, 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.

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Detail Ic Property Details

Property Type : Land

Price : $975,000

AD Id : 81921733

MLS Id : DW26125878

Lot Size : 7,501 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7501

  • Listing Price Information

    Original List Price: 975,000 Listing Contract Date: 2026-06-09
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5202015015

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BOYH - Boyle Heights Directions: Soto street Zoning: LARD 1.5 Source Property Type: Land Area: BOYH - Boyle Heights
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2800 Wabash Avenue, Los Angeles, CA, 90033 $1,500,000 -- -- -- 11,558 Sqft(Lot)
206 S Soto, Los Angeles, CA, 90033 $750,000 -- -- -- 6,754 Sqft(Lot)
1623 E 1st Street, Los Angeles, CA, 90033 $399,999 -- -- -- 8,349 Sqft(Lot)
1529 E 1st Street, Los Angeles, CA, 90033 $615,000 -- -- -- 5,992 Sqft(Lot)

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ByOwner last updated this listing 06/12/2026 @ 02:09

MLS: DW26125878 LISTED BY: Danny Navarro, Century 21 Allstars 562-863-2121 SOURCE: CRMLS

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